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City of Lino Lakes Livable Communities Act Housing Action Plan page 5 • Participate in the Livable Communities Act Local Housing Incentives Program. • Develop policies to use Tax Increment Financing to fund activities that increase new affordable housing. o On September 13, 2010, Lino Lakes adopted Resolution No. 10-73, electing to continue participation in the Local Housing Incentives Program. Participation in this program includes successfully negotiating and adopting new goals and spending the required Affordable and Life-Cycle Housing Opportunities Amount (ALHOA). Lino Lakes is meeting and will continue to meet the ALHOA primarily through Tax Increment Financing payments that are supporting two projects that include affordable and life-cycle housing. In 2009, these payments were $160,690 and $35,660 for the two projects. • Activate and utilize powers and tools of the City Economic Development Authority and/or a City Housing and Redevelopment Authority to make funds available for the creation of new affordable housing. • Utilize techniques, such as land trusts to maintain long-term affordability for any new affordable housing unit. • Support and actively promote Anoka County’s 1st Time Homebuyers programs to assist new homeowners entering the market for existing homes. • Work with the Anoka County HRA to meet the community’s life-cyle and affordable housing needs. • Partner with, support and market programs offered by the County, State, MHFA, Federal Government and non-profits to fund the development of affordable housing. • Cooperate with developers or other agencies as appropriate to assess senior housing needs in the community. • Seek housing developers to work cooperatively with the City to construct affordable units. • Use the Land Use Plan as a tool to provide a variety of residential land uses in a range of densities, concentrating higher density opportunities along major transportation and transit corridors and around future job centers. o The Land Use Plan in the 2030 Comprehensive Plan reflects the relationship between land uses, transportation, housing needs, and employment. • Streamline permitting and development processes to ease the rehabilitation or improvement of existing homes and reduce unwarranted cost impacts on the price of entry-level homes.