Item 4 - Low-Income Prop Tx Ex. - Laserfiche WebLink

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5. I Yes__ No X__ Are you aware of any conflict with the City's Housing I Dispersal Policy? If yes, please provide any explanation of mitigating circumstances that should be considered by the City. 6. I Yes No X Will the development cause displacement of Iow-income I persons? If yes, please explain mitigating factors that should be considered by the City. 7. Yes No X._Will the development cause destruction of historic property? If yes, please provide information as to any permit therefore or exception granted by the City Council. X Yesm No The portion of the property for which exemption is sought is or I will be offered for rent. X Yes__ No The portion of the property for which exemption is sought is or will be occupied solely by Iow-income persons. If yes, please attach a Certification of Income Levels of Low-income Occupants as Schedule 5. 10. I Yes X No The required rent payment reflects, or will reflect the full value I of the property tax exemption. Attach documentation as Schedule 6. 11. Describe how the tax exemption will benefit project occupants: Reduction of costs borne by owner will directly result in lower rents to tenants. 12. I X Yes No The property is unoccupied, and the attached Schedule 7 documents~'-at it will be offered for rental solely as a residence for Iow- income residents. Yes No XThe property is occupied, and the attached Schedule 7 docu--~ents that it is occupied solely as a residence for Iow-income residents.