Agenda - Council - 04/24/1984 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I METROPOLITAN COUNCIL Suite 300 Metro Square Building, St. Paul, Minnesota S5101 291-6359 MEMORANDUM TO: FROM: SUBJECT: Metro HRA Advisory Committee Guy Peterson METROPOLITAN HOUSING FUND DRAFT OBJECTIVES AND PROGRAM GUIDELINES April 11, 1984 At the meeting of February 22, the Committee directed staff to revise the proposed Housing Fund draft objectives and guidelines in light of the discussion and decisions made by the Committee that morning. The Comittee agreed that with the addition of some clarifying language with regard to the Fund's objective dealing with energy efficiency, a draft of the Metropolitan Housing Fund's objectives should be those set forth in that memo. With this change, the Housing Fund's proposed objectives would be as follows: - To increase the supply of quality, affordable housing in the suburbs, and, in particular, near centers of expanding suburban employment opportunities and services. - To help suburbs diversify the cost and type of housing available in the comunity. - To help comunities meet the affordable housing goals adopted in their comprehensive pl an. - To help communities successfully complete redevelopment projects, or implement "roll over," accessory housing, rehabilitation or other innovative housing efforts. - To stimulate construction employment and other economic benefits, and generate additional local property taxes. - To encourage energy efficiency in suburban housing by maximizing but not duplicating the home improvement and energy efficiency programs available at the state and local level. The Conmtttee concurred with the staff°s recommendation that several basic guidelines should direct all of the programs or projects involving the Metropolitan Housing Fund. It suggested that consideration of local plans and policies be added to the basic guideline dealing with plan compatibility, and asked that staff provide a better definition of the Fund's posture regarding degree of leverage. Revisions have been made to both these proposed guidelines.