The board reviewed the city's building development pipeline, highlighting the progression of "The Claudia," a deeply affordable senior housing project that recently secured state funding. Additionally, staff detailed new extension rules for the Multifamily Tax Exemption (MFTE) program aimed at incentivizing ongoing affordable housing. Under the updated policy, existing residential developments can receive a 12-year tax exemption extension if they commit to restricting 20% of their units for households earning at or below 80% of the area median income.
Building_development
City Center Redevelopment Authority · May 21, 2026 · 0:00–0:36 · Watch on CVTV ↗
Keywords: affordable housing Affordable Housing
What was said
0:00 All right, welcome to the City Center Redevelopment Authority Board meeting for May 21st, 2026. Could we start off with roll call? All right. Board member Friend. Aye, ma'am. Board member Anderten. Present. Board member Pisca. Present. Board member Slick. Here. Board member Copenhaver. Here. And board member Fazio. Here.
0:56 And Richard Cropain let us know that he would not be here today. Okay, so could we have a motion to excuse Dick, please? So moved. Any seconds? This is Heather, I'll second. Okay, so we can move. So Kevin, all in favor say aye. Aye. Okay. So Dick's excused. Good. Okay. Next item is the approval of the minutes from the March 19th meeting. Do I have a motion to approve?
Evidence (1 match)
adjacent keyword 0:00–0:36 affordable housing, Affordable Housing
All right, welcome to the City Center Redevelopment Authority Board meeting for May 21st, 2026. Could we start off with roll call? All right. Board member Friend. Aye, ma'am. Board member Anderten. Present. Board member Pisca. Present. Board member S