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Item No: 8B Meeting Date: August 23, 2010 Type of Business: Consent Administrator Review: ________ City of Mounds View Staff Report To: Honorable Mayor and City Council From: Heidi Heller, Planning Associate Item Title/Subject: Updated Resolution 7654, Continue Participation in the Metropolitan Livable Communities Act Local Incentives Account for 2011 through 2020 The City of Mounds View previously chose to be a participant in the Metropolitan Livable Communities Act Local Housing Incentives Account (LCA LHIA). Participation in the voluntary LCA LHIA program provides the City with the opportunity to compete for grants and loans to support activities that help the City meet its affordable and life cycle housing goals, clean up polluted sites, and support demonstration projects linking jobs, housing and transit. The City’s previously adopted LCA LHIA affordable and life cycle housing goals were negotiated with the Metropolitan Council for the period 1996-2010. If the City wants to continue to participate in the LCA, then we must now establish new affordable and life-cycle housing goals for the next decade (2011 through 2020). This is back before the City Council because staff misunderstood what the Metropolitan Council wanted in the resolution for the housing goals. They wanted the housing goal ranges to be stated and adopted by the City, rather than a specific number. Recommendation: Re-approve Resolution 7654, which adopts housing goal ranges and approves the City’s continued participation in the Metropolitan Livable Communities Act Local Housing Incentives Account (LCA LHIA) for the calendar years of 2011 through 2020. Sincerely, Heidi Heller Planning Associate Attachment: 1. Resolution 7654 (updated)