Item C: MUPTE Program - Laserfiche WebLink

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Location — Projects located within the Downtown Plan Area, within a HUD Low -Mod Income Areea , on a brownfield site, or includes the redevelopment of a valuable historic resource. Project Features — The extent to which the project incorporates the following public benefit features: o Exceeds the affordable housing minimum threshold criteria (greater number of units or income threshold between 60 % -80% median household income met), or increased affordable housing fee • Exceed the energy efficiency standards in the Oregon Energy Code • Number of ADA accessible dwelling units • Dwelling units available for home ownership o For projects in areas where student occupancy is expected, dwelling units designed as traditional apartment units available to a broad cross section of the community o Inclusion of open space /community gardens or gathering space that is accessible to the community o Inclusion of ground floor commercial /retail which addresses a neighborhood need • Design excellence and neighborhood compatibility • Embedded or structured parking • Transportation options, including bus passes, car share, bike share, bus shelter, and minimum parking where appropriate OTHER PROGRAM FEATURES • MUPTE Review Panel - A newly formed MUPTE review panel appointed by the City Manager will provide a third -party review of the MUPTE program, including: o Review of MUPTE project applications, with emphasis on analyzing the project's financial projections. • Review applicant's conformance with the Minimum Threshold Criteria and Additional Public Benefit Criteria, and make recommendations regarding the granting of the tax exemption. • Assist the City Manager in preparing an Annual Report on the MUPTE program. Program Volume — The MUPTE program has set a goal of assisting in the creation of 1,600 new multi - family housing dwelling units. At such time that the MUPTE- assisted