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CC Work Session <br />Meeting Date: 03/26/2013 <br />By: Kathy Schmitz, Administrative Services <br />Title: <br />Consider Work Plan to Finalize Housing Assistance Policy <br />Background: <br />In 2012, the City Council directed Staff to begin drafting a Housing Assistance Policy. As the City continues to <br />receive requests for assistance related to housing developments, a policy would benefit in reviewing whether these <br />projects meet the goals and implementation strategies of the City. The policy does not create new funding for <br />housing programs, but establishes a policy for reviewing housing assistance requests. The policy would be used to <br />review projects that request assistance such as: <br />1. Tax Increment Financing (TIF) <br />2. Grant Funding such as Metropolitan Council, Community Development Block Grant (CDBG) <br />3. Utilization of the Anoka County Housing and Redevelopment Authority (ACHRA) <br />Staff had anticipated bringing this topic first to Work Session. However, due to pending applications and <br />availability of Work Session times, Staff is forwarding this topic to this agenda to discuss a workplan for <br />completing the policy, but not specific feedback on the framework or weighting of individual factors. As the <br />process unfolds, Staff will need some time to properly balance scoring and test projects for feasibility of the Policy. <br />The current draft, which is the framework for the policy, intentionally leaves out actual scores. As the City begins to <br />place weight to individual metrics, it assumed at this time that each scoring category and each housing type carry <br />an equal weight. The next step in the process will determine if any of these categories or housing types are desired <br />to carry priority. <br />Notification: <br />No notification required. <br />2. 1. <br />Observations /Alternatives: <br />Staff recommends that the City Council forward the framework to the Planning Commission and Economic <br />Development Authority for review and recommendation. In addition, the City Council could form a three (3) <br />person ad hoc sub - committee comprised of one (1) member each from the City Council, Planning Commission, and <br />Economic Development Authority. The current need to complete the draft are policy level questions that Staff needs <br />feedback from the City Council or advisory board. The review sub - committee could provide an effective format to <br />receive the feedback necessary to complete the draft. Furthermore, it is recommended that this policy be reviewed <br />by area housing developers for feedback as to the market viability of the policy. In addition, Staff anticipates <br />reviewing with other housing professionals, such as Staff at Anoka County Community Development that have <br />experience administering housing programs. <br />At this stage, the intent of the discussion is intended to answer IF this is the proper framework for moving forward. <br />The policy is organized into two (2) categories: <br />1. Minimum Thresholds (all projects must meet this criteria) <br />2. Ranking Thresholds (ranking multiple proposals; gaging quality of projects) <br />Minimum Thresholds <br />In terms of minimum thresholds, this category provides a baseline review that all Applications must successfully <br />meet. The minimum thresholds are directly tied to the City's Housing Action Plan, which is part of the 2030 <br />Comprehensive Plan. Within the plan, there are multiple goals and several implementation strategies. It is intended <br />that the Applicant must describe how the project will successfully achieve one of the existing implementation <br />strategies adopted by the City Council. <br />