19-38 - 06-18 - Support Grant to MN Housing Finance Agency RESOLUTION NO. 19-38
RESOLUTION SUPPORTING GRANT APPLICATION TO MINNESOTA HOUSING
FINANCE AGENCY (MHFA) FOR CAPACITY BUILDING INTIATIVE FUNDING
WHEREAS, The State of Minnesota's housing finance agency (MHFA), works with
individuals, communities and partners to create, preserve and finance affordable housing;
and
WHEREAS, MHFA Capacity Building Initiative Funding is available to organizations
and communities to use their local knowledge and creativity to develop housing-related
projects and initiatives; and
WHEREAS, the Capacity Building Initiative is intended to build organizational
capacity to address housing disparities, empower underrepresented communities, pilot
innovative solutions to housing challenges, and support inclusive communities; and
WHEREAS, at the direction of the City Council, City staff has designed a pilot
program to utilize vacant, publicly-owned remnant land for affordable homeownership
opportunities; and
WHEREAS, the grant would fund necessary research into the utilization of publicly-
owned vacant parcels for affordable housing and community outreach efforts surrounding
the issue of housing affordability; and
WHEREAS, the grant request is consistent with the City's goals to address the
issues of equity, racial disparity, and affordable housing as identified in the 2040
Comprehensive Plan, the City's Rising TIDES (Trust, Inclusion, Diversity, Equity, Social
Justice) platform and City Equity Plan.
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.
Adopted by the City Council of Golden Valley, Minnesota on this 18th day of June, 2019.
She and M. Harris, Mayor
ATTEST:
Kristine A. Luedke, City Clerk