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REQUEST FOR COUNCIL CONSIDERATION Agenda Section STAFF REPORT Report Number:mw G OWN Report Date: 9/19/96 CITY COUNCIL MEETING DATE �� A, Special Order of Bus. 0 -„ aii September 23. 1996 _ Consent Agenda dies.-Partne104' Public Hearings 7 Council Business Item Description: Resolution in support and agreement to participate in the 1997 Livable Communities Act Administrator's Review/Recommendation: -No Comments to supplement this report -Comments attached. Explanation/Summary(attach supplement sheets as necessary) Summary: By November 15, 1996, each metropolitan city must decide whether to continue to participate in the Livable Communities Act. In order to continue to participate in the Livable Communities Act, each city must submit a resolution in support of the program annually. One of the elements of the Act is the Affordable and Life- Cycle Housing Opportunities Amount (ALHOA)which shows how much each municipality must spend annually to create affordable and life-cycle housing. To participate, each city must justify that they have spent the ALHOA amount toward affordable and life-cycle housing. If not, they must submit the amount to the iiretropolitan Council or local housing authority. If a City chooses not to participate and later decides they ant in, they must buy into the program. For example, if five years down the road, a City chooses to participate, they would have to pay the past five ALHOA amounts. For 1997, our ALHOA is $0. Every year they calculate a new ALHOA amount. By participating in the Livable Communities Act, we are eligible to receive funding from three separate funding accounts set up by the Metropolitan Council: Tax Base Revitalization Program, Livable Communities Demonstration Program and Local Housing Incentives Account. The Livable Communities Act was created to take a proactive approach at making communities livable. The three funding sources that they have established could help the City of Mounds View in creating housing programs for our citizens. Mounds View, in conjuction with the North Metro 35W Corridor Coalition, has also applied for a Demostration Grant to address economic development and affordable housing issues in the 35W corridor. Our participation in the Livable Communities Act gives us this opportunity. Attached is Resolution No. 5010 supporting the Livable Communities Act and stating the City of Mounds Viewill be a participant. 4 Je ' i er B 0a an, H using Inspector COMMENDATION: Approve/deny Resolution No. 5010 supporting participation by the City of ounds View in the Livable Communities Act for 1997.