Resolution No. 4917 - Laserfiche WebLink

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REPORT AND RECOMMENDATION of the Director of the Planning and Development Department Application of St. Vincent de Paul Society of Lane County, Inc. For Low Income Rental Housing Property Tax Exemption (Section 2.937 to 2.940 of the Eugene Code, 1971) for Property at 1025 West 7th Avenue, Eugene, Oregon The Director of the Planning and Development Department of the City of Eugene finds that: 1. St. Vincent de Paul Society of Lane County, Inc. (SVDP) is the owner of the real property located at 1025 West 7th Avenue, Eugene, Oregon (Assessor's Property Account Number 0473015), as more particularly described in its application submitted pursuant to Subsection 2.939(2) of the Eugene Code, 1971 (EC), for an exemption from ad valorem taxes under the City's Low Income Rental Housing Property Tax Exemption Program (Sections 2.937 to 2.940 of the Eugene Code, 1971). 2. I have reviewed the application and find: 2.1 The applicant has submitted all materials, fees, and documents required by the application, and is in compliance with the provisions of EC 2.939(2)(a)-(i). Specifically I find: (a) and (b) The property subject to the property tax exemption is occupied solely as a residence for low-income persons. (c) The required rent payment will reflect the full value of the property tax exemption. (d) The housing units on the property were constructed after February 12, 1990. (e) The policies set forth in the Standards and Guidelines for Low-Income Rental Housing Property Tax Exemption adopted by council Resolution No. 4623 as required in Sections 2, 3 and 5, have been met. The findings for policies contained in Section 2 are identical to those in EC 2.939(2) and those findings are being addressed in this section. The findings for policies contained in Sections 3 and 5 are as follows: 3.1 An exemption is being requested for all of the property located at 1025 West 7th Avenue, Eugene, Oregon. 3.2 The purpose of the project is to provide transitional and permanent housing for chronically homeless Lane County veterans. Intensive case management, counseling and health care will be provided in partnership with the Lane County VA clinic. The project consists of the development of a 12-unit complex (4 units will be available for participants with HUD V ASH Section 8 vouchers and will pay no more than 30% of their monthly EXHIBIT A to Resolution No. 4917 -- Report and Recommendation - 1