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<br />2.8 <br /> The proposed development will not cause destruction of historic <br />properties (as defined in Section 9.0500 of the Eugene Code, 1971) except: <br /> <br />2.8.1 Where development has proceeded according to historic <br />property moving and demolition procedures as set forth in Section 9.8160, <br />9.8180 and 9.8185 of the Eugene Code, 1971, or <br /> <br />2.8.2 The property is granted an exception by the council; <br /> <br />2.9 <br /> The proposed development will be otherwise consistent with <br />provisions of the Eugene Code, 1971 and adopted City regulations and policies; <br />and <br /> <br />2.10 <br /> As an alternative to the criteria set forth in subsections 2.1, 2.2, 2.3 <br />and 2.4 of this section, an application shall be approved if it meets the criteria in <br />subsections 2.5, 2.6, 2.7, 2.8 and 2.9 of this section and all of the following <br />criteria: <br /> <br />2.10.1 If unoccupied, the property is offered for rental solely as a <br />residence for low-income persons, or is held for the purpose of developing <br />low income rental housing; <br /> <br />2.10.2 If occupied, the property, or portion thereof subject to the <br />property tax exemption, is occupied solely as a residence for low-income <br />persons; <br /> <br />2.10.3 The applicant's application was filed prior to January 1, <br />2020; <br /> <br />2.10.4 The property is owned or being purchased by a nonprofit <br />corporation organized in a manner that meets the criteria for a public <br />benefit corporation, as described under ORS 65.001(37) or for a religious <br />corporation, as described under ORS 65.001(39); and <br /> <br />2.10.5 The property is owned or being purchased by a nonprofit <br />corporation that expends no more than ten percent of its annual income <br />from residential rentals for purposes other than acquisition, maintenance <br />or repair of residential rental property for low-income persons, or for the <br />provision of on-site child care services for the residents of the rental <br />property. <br /> <br />For purposes of this subsection, a nonprofit corporation that has only a leasehold <br />interest in property is considered to be a purchaser of that property if the nonprofit <br />corporation is obligated under the terms of the lease to pay the ad valorem taxes <br />on the real and personal property used in the rental activity on that property, or the <br /> <br /> <br />