04-05 - 01-20 - Use Henn City Funds for Affordable Housing Program Resolution 04-5 January 20, 2004
Member Grayson introduced the following resolution and moved its adoption:
RESOLUTION AUTHORIZING USE OF HENNEPIN COUNTY
FUNDS FOR METROPOLIAN COUNCIL FAMILY AFFORDABLE
HOUSING PROGRAM IN GOLDEN VALLEY
WHEREAS, the Hennepin County Housing and Redevelopment Authority (HCHRA)
in Resolution No. 03-HCHRA-21 B approved the use of a $275,000 Affordable Housing
Incentive Fund loan for the Metropolitan Council's Family Affordable Housing Program
(FAHP); and
WHEREAS, the City of Golden Valley adopted Resolution 0 1-15 on March 6, 2001
approving the implementation of the Metropolitan Council's FAHP initiative within the City
and entered into a Cooperation Agreement with the Metropolitan Council on March 12,
2001 authorizing the Metropolitan Council to develop and operate up to twenty (20)
residential FAHP units within the City of Golden Valley; and
WHEREAS, the Family Affordable Housing Program will benefit the City and its
residents and will increase the supply of affordable housing in the City of Golden Valley by
providing up to twenty (20) residential Family Affordable Housing Program units; and
WHEREAS, the Hennepin County Housing and Redevelopment Authority desires to
participate in the FAHP implementation by funding a portion of the FAHP unit development
within the City of Golden Valley.
BE IT RESOLVED, that the City approve the Metropolitan Council's use of funding
from the Hennepin County Housing and Redevelopment Authority Affordable Housing
Incentive Fund to help implement the Metropolitan Council's Family Affordable Housing
Program within the City.
Linda R. Loomis, Mayor
ATTEST:
Donald G. Taylo Clerk
The motion for the adoption of the foregoing resolution was seconded by Member Freiberg
and upon a vote being taken thereon, the following voted in favor thereof: Freiberg,
Grayson, Loomis and Shaffer and the following abstained: Tremere; and the following
voted against the same: none, whereupon said resolution was declared duly passed and
adopted, signed by the Mayor and her signature attested by the City Clerk.