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Item No : 8B MOUNDS VM Meeting date: February 09, 2026 Type of Business:�ity Council Business Administrator Reriew ON of Mounds View Staff Report I To: Mounds View City Council From: Brian Beeman, Assistant City Administrator Item Title/Subject: Resolution 10208 Delegating Administration of Local Affordable Housing Aid (LAHA) Funds to the Mounds View Economic Development Authority (EDA) Background The State of Minnesota provides annual Local Affordable Housing Aid (LAHA)to eligible cities and counties to support the development, preservation, and stabilization of affordable housing. The City of Mounds View is an eligible recipient of LAHA funds and will receive annual allocations for the purpose of supporting affordable housing activities within the community. Minnesota Statutes, Chapters 469.001-469.47 authorizes municipalities to establish an Economic Development Authority (EDA) and to delegate to the EDA the powers necessary to carry out housing and redevelopment activities. The Mounds View Economic Development Authority (EDA) has organizational capacity, expertise, and administrative structure to manage housing programs, financial assistance tools, and development activities consistent with LAHA requirements. The delegation of administration of LAHAfunds to the EDAwill promote efficient program management, ensure compliance with state requirements, and support the City's long-term housing goals. The EDA further delegates the administration of many of its loan programs to the Center for Energy and Environment (CEE). The EDA is still required to pre-screen candidates for the program and deliver a list of candidates to CEE for program processing. In order to officially begin administration of the new LAHA program, City staff propose the City Council and the EDA take the following actions: 1. The City Council must formally delegate authority from the City of Mounds View to the EDA by adopting this Resolution in order to administer all funds. 2. The EDA, with assistance from CEE, will design, implement, and manage LAHA-funded programs consistent with state law, City Council direction, and adopted housing goals. 3. The EDA will coordinate with CEE to prepare all required reports, maintain financial and programming records, and provide updates to the City Council as needed. The resolution will take effect immediately upon its adoption. Discussion The City Council should review and discuss delegating authority from the City to the EDA to administer the LAHA program. The EDA will consider accepting the City's delegation at its meeting