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9 <br />What would an HRA levy mean for the County? <br />•Ramsey County is the only county in the Twin Cities metropolitan <br />area that does not actively levy for affordable housing. <br />•A County-wide levy would raise up to $11.6 million a year to fund <br />affordable housing and redevelopment projects. <br />•Funds collected through a Ramsey County HRA Levy would be <br />equitably distributed across St. Paul and suburban Ramsey County <br />to support: <br />–Preservation of existing and creation of new affordable housing <br />–Build community wealth through stronger pathways to homeownership. <br />–Advancing redevelopments to assist with housing, business retention, <br />attraction, and expansion. <br />•Ramsey County’s HRA plans to begin levying in 2022. <br />–Communities that had active HRA levy authorities prior to 1971 are <br />statutorily required to pass a Resolution to participate in Ramsey <br />County’s levy. <br />–Currently applies to the cities of Saint Paul and North St. Paul.