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CC PACKET 08262025
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CC PACKET 08262025
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8/28/2025 2:32:38 PM
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8/28/2025 2:31:56 PM
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8/20/2025 <br />11 <br />21 <br />Local Affordable Sales Tax <br />(LAHA) Funded <br />Programming <br />5 <br />22 <br />Local Affordable Housing Aid (LAHA) <br />• Local Affordable Housing Aid (LAHA) is a 0.25% sales tax collected by Minnesota <br />Department of Revenue across the seven-county metro area for affordable housing. <br />• Eligible Uses: <br />• Financing the supply of affordable housing (single family or multifamily). <br />• New construction (up to 80% Area Median Income (AMI). <br />• Rehabilitation (up to 80% AMI). <br />• Homeownership Assistance (up to 115% AMI). <br />• Financial Support for Nonprofit Housing Providers. <br />• Rental Assistance (up to 80% AMI). <br />• Shelter Capital and Operations. <br />• Ramsey County's 2024 aid amount was $6M. <br />• Ramsey County's 2025 aid amount is approx. $15.9M <br />15
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