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07-01-1998
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07-01-1998
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MV City Council
City Council Document Type
City Council Packets
Date
7/1/1998
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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 /> III. 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 IF <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 /> • <br /> Page 3 <br />
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