17-27 - 06-06 - Application WHAHLT to MHFA Impact Funds Resolution 17-27 June 6, 2017
Member Clausen introduced the following resolution and moved its adoption:
RESOLUTION SUPPORTING APPLICATION BY WEST HENNEPIN AFFORDABLE
HOUSING LAND TRUST (WHAHLT) TO MINNESOTA HOUSING FINANCE AGENCY
(MHFA) FOR COMMUNITY HOMEOWNERSHIP IMPACT FUNDS
WHEREAS, WHAHLT is a community-based non-profit organization, doing business
as Homes Within Reach, with a mission to use the Community Land Trust model to create
and preserve affordable homeownership opportunities for families in suburban Hennepin
County; and
WHEREAS, WHAHLT has developed a proposal for the use of Community
Homeownership Impact Funds from MHFA; and
WHEREAS, the proposal requests funding for the acquisition, rehabilitation, and
sale of entry-level properties to income-qualified families and individuals.
NOW THEREFORE BE IT RESOLVED, by the City Council of Golden Valley that
the Council supports the application for funding from MHFA and authorizes submittal of a
letter of support for the funding application in the MHFA Consolidated Request for Proposal
(RFP) process.
Shep rd M. Harris, Mayor
ATTEST:
Kristine A. Luedke, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Schmidgall and upon a vote being taken thereon, the following voted in favor thereof:
Clausen, Fonnest, Harris, Schmidgall and Snope and the following voted against the same:
none, whereupon said resolution was declared duly passed and adopted, signed by the
Mayor and his signature attested by the City Clerk.