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Comprehensive Guide Plan - Housing Element <br />City of Mounds View <br />5. Sponsor a remodeling fair to encourage housing rehabilitation. <br />6. Explore the benefits and drawbacks of a Point-of-Sale or Truth -in- Housing <br />program. <br />7. Assist in establishing a Property Manager's Coalition. <br />M. City of Mounds View's <br />Livable Communities Housing Action Plan -1996 <br />When the city submitted it's Livable Communities Action Plan to the Metropolitan Council in <br />June of 1996, the community was well within the range for providing affordable housing <br />according to Metropolitan Council statistics. At the time, the rents for the larger apartment <br />complexes fell way below the fair market rents published by the Department of Housing and <br />Urban Development. <br />The city's goal was to continue to provide the existing level of affordable housing but improve <br />the quality and livability of the housing. At the time, the concern was with the aging housing <br />stock and the continued substandard condition of some housing within the city. With the <br />combination of an aging housing stock, lower valued homes and lower income families, there <br />was a concern for the condition of the housing stock in future years. Mounds View's goal was to <br />attempt to address the housing issues immediately before they became a bigger problem. The <br />following housing programs were identified to address housing problems within the city at that <br />time. <br />Housing Assistance <br />Section 8 Vouchers: The Metropolitan HRA administers the Section 8 program in the City of <br />Mounds View. In 1996, approximately 40 families were using section 8 vouchers or certificates <br />in the city of Mounds View. (In 1998, 75 families receive Section 8 vouchers or certificates) <br />Minnesota Cities Participation Program: The Minnesota Housing Finance Agency offers low - <br />interest mortgage programs to cities state wide to assist low to moderate income families in <br />securing a mortgage for their first home. The City of Mounds View had participated in the <br />program from 1995 -1997. The first two years 6 families received assistance in purchasing <br />homes. (In 1997 no families requested and received assistance, therefore, the City was dropped <br />from the program for two years and will be unable to participate until the year 2000.) <br />Housing Developments <br />The following programs expand or preserve the community's stock of affordable housing <br />through new construction or rehabilitation. The specific programs listed below are those which <br />Page 3 <br />