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City of Mounds View Comprehensive Plan <br /> HOUSING PROGRAMS <br /> The following housing programs have been,are,or will be used to address housing problems within <br /> the city. <br /> Housing Assistance <br /> The following programs are offered to Mounds View residents to provide renter assistance and <br /> below-market rate home mortgage. <br /> Section 8 Vouchers: In 1998, 75 families receive Section 8 vouchers or certificates. <br /> Minnesota Cities Participation Program: The Minnesota Housing Finance Agency(MHFA)offers <br /> low-interest mortgage programs to assist low to moderate income families in securing a mortgage <br /> for their first home. The City of Mounds View participated in 1995-1997 and beginning again in <br /> 2000. <br /> Housing Developments <br /> Programs used in Mounds View which expand or preserve the community's stock of affordable <br /> housing through new construction or rehabilitation. <br /> Holman Units/Low Income Housing Tax Credits: Silver Lake Commons, construction of 10 <br /> townhouse units and rehabilitation of 40 apartment units. There are also 10 Holman units in the <br /> project. <br /> Low Income Housing Tax Credits: Silver Lake Pointe, an 83-unit senior housing complex. <br /> Section 202: Wildwood Manor, 40-unit senior housing complex. <br /> 55 <br />