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CC PACKET 05071996
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CC PACKET 05071996
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Last modified
4/19/2016 5:54:35 PM
Creation date
4/19/2016 5:54:24 PM
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SP Box #
37
SP Folder Name
CC PACKETS 1997
SP Name
CC PACKET 05071996
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Housing Assistance Programs <br /> An Action Plan to implement the community's LCA goals should identify the housing asgialance <br /> programs to be used by and in the community, and, where possible, the best estimate of how <br /> many households will be helped by such programs each year or over the period of years covered <br /> by the Action Plan. <br /> A number of programs provide renter assistance and below-market-rate home mortgage <br /> programs. Some involve little or no administration or oversight by the city, although most require <br /> a city's consent. A list of existing housing assistance programs which a community may use, or <br /> encourage or facilitate private market interests to use include the following: <br /> Federal Government <br /> ❑ Section 8 Rental Vouchers and Certificate Programs <br /> Shelter Plus Care (S+C) <br /> 1 „D� <br /> W, Minnesota Housing Finance Agency <br /> ❑ Minnesota Mortgage Program <br /> ❑ Homeownership Assistance Fund <br /> ❑ Urban Indian Housing Program/Tribal Indian Housing Program <br /> • ❑ Purchase Plus Program <br /> ❑ Minnesota Urban and Rural Homesteading Program <br /> ❑ Partnership for Affordable Housing <br /> ❑ Minnesota City Participation Program <br /> ❑ Entry Cost Homeownership Program (ECHO) <br /> ❑ MHFA Rental Assistance for Family Stabilization (RAFS) <br /> Housing Development Programs <br /> The Action Plan may set forth specific new construction or housing rehabilitation efforts to <br /> expand or preserve the community's stock of affordable rental housing. <br /> A limited number of tools are available to support the construction or rehabilitation of low-and <br /> moderate-income housing. These programs include the following: <br /> • 2 <br />
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