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CC WORKSESSION PACKET 06012020
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CC WORKSESSION PACKET 06012020
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5/27/2020 4:28:50 PM
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Sources of Funding For Affordable Housing <br />10 <br />Type of Funding Level of Competitiveness <br />Low Income Tax Credits (4% and 9%)High <br />Tax Exempt Bonds High <br />Minnesota Housing Finance Agency (MHFA) Deferred Loan High <br />HOME High <br />CDBG High <br />AHIF (Hennepin County)High <br />Livable Communities Demonstration Account (LCDA)High <br />Local Housing Incentives Account (LHIA)High <br />Tax Increment (only source cities have control over)* Low <br />* If City doesn't have a large amount of its tax capacity captured by TIF
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