Laserfiche WebLink
EDA RESOLUTION 12-EDA-273 <br /> <br />MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br /> <br />RESOLUTION AMENDING THE MOUNDS VIEW <br />GENERAL HOME REPAIR LOAN CRITERIA <br /> <br /> <br />WHEREAS, the Mounds View Economic Development Authority (EDA) has Housing <br />and Redevelopment Authority powers provided in Minnesota Statutes, Sections 469.001 to <br />469.047; and, <br /> <br /> <br />WHEREAS, the purposes of Sections 469.001 to 469.047 are: <br />(1) to provide a sufficient supply of adequate, safe, and sanitary dwellings in order to <br />protect the health, safety, morals, and welfare of the citizens of this state; <br />(2) to clear and redevelop blighted areas; <br />(3) to perform those duties according to comprehensive plans; <br />(4) to remedy the shortage of housing for low and moderate income residents, and to <br />redevelop blighted areas, in situations in which private enterprise would not act <br />without government participation or subsidies; and <br />(5) in cities of the first class, to provide housing for persons of all incomes; and, <br /> <br /> <br /> WHEREAS, on November 22, 2012, the Mounds View EDA approved criteria for a <br />one-year pilot program called the Mounds View Home Improvement Loan Program <br />consisting of the following four loan types available to Mounds View residents: <br /> <br />1) Home Demolition <br />2) Code Enforcement <br />3) General Home Repair <br />4) Emergency Deferred; and, <br /> <br /> <br />WHEREAS, on December 12, 2011, the EDA authorized a one-year extension of <br />loan program through 2012 and increased the program’s loan-to-value ratio to 110%; and, <br /> <br /> <br />WHEREAS, on June 11, 2012, the EDA expanded the “General Home Repair” loan <br />criteria to include unimproved driveways as an eligible project. <br /> <br /> <br />