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CC WS PACKET 10222024
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CC WS PACKET 10222024
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PAGE 1 <br />MEMORANDUM <br />To:St. Anthony Village City Council <br />From:Ashley Morello, Assistant City Manager <br />Date:October 22, 2024 City Council Work Session <br />Request:Metropolitan Council Livable Communities Act (LCA) Local Housing Incentives Account Program <br />(LHIA) participation <br />BACKGROUND <br />The Livable Communities Act (LCA) establishes the Metropolitan Council authority to distribute funds related to <br />housing through the Local Housing Incentives Account Program (LHIA) for the seven-county metro region. Cities <br />that elect to participate in the LHIA are eligible to apply to multiple funding programs related to housing and <br />development topics. Staff is recommending that the City elects to participate in the LHIA program. In order to <br />opt into the LHIA program and to be eligible to apply for LCA grant funding opportunities, the City Council must <br />pass a resolution electing to participate in the LHIA by November 15, 2024. The Metropolitan Council has <br />provided Staff with a draft resolution (attached) for City Council to consider. <br />LHIA PARTICIPATION ELLIGIBLITY <br />The Metropolitan Council has the authority to manage the metro-region’s LHIA program per State Statutes <br />sections 473.25 to 473.255). In order to participate in the LHIA, cities must pass a resolution once within the <br />Metropolitan Council’s ten-year planning timeframe. If City Council proceeds with passing a resolution, the City <br />would be electing to participate in the LHIA program through 2030, after which point the City would need to <br />pass another resolution if interested in continuing to participate in the program. <br />By electing to participate in the LHIA, the City agrees to meet the affordable housing goal range and the life- <br />cycle as housing goal as defined by the Metropolitan Council. These thresholds are as follows: <br />Affordable Housing Goals Range Life-Cycle Housing Goal <br />84-152 576 <br />Participating cities are asked to complete survey annually to report affordable and life-cycle housing <br />opportunities amount. This reporting will be completed at a staff level. <br />LCA FUNDING OPPORTUNITIES <br />The seven-county metro region allocates funds each year to the follow focus topics: <br />Housing, Jobs, Efficient Growth <br />Transit Oriented Development (TOD) <br />Pre-development <br />Policy Development <br />Clean-up/Investigation <br />Affordable Rental Housing <br />Affordable Home Ownership <br />13
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