Brief

Councilmember Traci Park introduced a motion approving an affordable multifamily rental housing project at 9030-9038 Reading Avenue in Council District 11, structured under the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA). The Council voted 13-0-2 to adopt the motion on April 29, 2026. The Mayor's office received the file on May 1 and took final action on May 11, 2026.

Full summary

This motion, introduced by Councilmember Traci Park on April 17, 2026, and seconded by Councilmember John S. Lee, authorized an affordable multifamily rental housing project at 9030-9038 Reading Avenue in Council District 11. The project structure relied on TEFRA, a federal tax mechanism that allows non-profit organizations and affordable housing developers to issue tax-exempt bonds and access low-income housing tax credits, two key financing tools for affordable housing development. The Council adopted the motion with a vote of 13-0-2 on April 29, 2026, indicating broad support with two abstentions. The adoption was subject to reconsideration per Council Rule 51, a procedural safeguard that allows the Council to revisit the vote if circumstances warrant. The file was then transmitted to the Mayor's office on May 1, 2026, with a statutory deadline of May 11 for mayoral action. The Mayor took final action on that date, and the file is now closed. No further activity has been recorded since May 11, 2026. The file's expiration date is April 29, 2028, meaning the record will remain accessible for two years from adoption before being archived per standard municipal record retention practices.

Activity (5)

• 2026-05-11 Council action final.
• 2026-05-01 City Clerk transmitted file to Mayor. Last day for Mayor to act is May 11, 2026.
• 2026-04-29 Council adopted item, subject to reconsideration, pursuant to Council Rule 51.
• 2026-04-24 City Clerk scheduled item for Council on April 29, 2026.
• 2026-04-17 Motion referred to Council.

Documents (3)

• 2026-05-12 Attested Resolution · other
• 2026-05-11 Mayor Concurrence/Council Action · other
• 2026-04-17 Motion · motion