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Approved City of RAMSEY Housing Assistance Program Guidelines The Program The Housing Assistance Policy has been developed in order to achieve one of the many goals established by the community related to housing: • Increase tax base • Provide housing to support growth of jobs • Achieve goals as outlined in Housing Action Plan (Livable Communities — Metropolitan Council) and the City's Comprehensive Plan • Increase affordable housing (30%, 50%, 60% AMI Thresholds) • Mix of housing types (workforce, market -rate, high amenity, etc.) • Mix of higher end housing as well as affordable housing • Increase ridership on Northstar Commuter Rail • Achieve high architectural standards • Increase walkability and pedestrian connections • Maintain high level of property maintenance standards • Promote revitalization in aging neighborhoods • Achieve market demand for senior housing • Protect sensitive natural resources while maintaining ability to develop consistent with the Comprehensive Plan • Achieve quality density transitioning • Complete timely studies to ensure market relevance • Achieve safe neighborhoods through design The purpose of the program is to encourage high -quality residential development throughout the community. The program is intended to prioritize the City's efforts in securing various forms of funding opportunities related to housing. The program applies to all residential developments within the City limits. The program can be used for new development or revitalization of existing developments. The program can be used for scattered site projects. Eligibility Eligible applicants are residential property owners that desire to construct new housing development or re -habilitate existing housing developments. Eligible businesses must meet at least one of the housing goals referenced above. All applicants must be a permitted use in