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effectiveness of taxpayer investments. The <br />Legislature has previously appropriated <br />funding and granted the Minnesota Housing <br />Finance Agency authority to assist cities <br />with funding community land trusts (CLTs) <br />for affordable housing. <br />Response: The Legislature should support <br />continuation of the land trust capacity - <br />building program and provide capital <br />start-up funds so community land trusts <br />can continue to offer gap financing, <br />interest rate write -downs, <br />predevelopment financing, and financial <br />underwriting. The Legislature should also <br />support efforts by the Minnesota <br />Community Land Trust Coalition to <br />develop property tax valuation to lower <br />property taxes for sales -price -restricted <br />properties enrolled in CLT programs. <br />LE-15. Telecommunications and <br />Information Technology <br />Issue: Telecommunications and information <br />technology is essential public infrastructure <br />for the efficient, equitable, and affordable <br />delivery of local government services to <br />residents and businesses. <br />Telecommunications includes voice, video, <br />data, and services delivered over cable, <br />telephone, fiber-optic, wireless, and all other <br />platforms. <br />Response: The League of Minnesota <br />Cities supports a balanced approach to <br />telecommunications policy that allows <br />new technologies to flourish while <br />preserving local regulatory authority. <br />Regulations and oversight of <br />telecommunications services are <br />important prerogatives for local <br />government to advance community <br />interests, including the provision of high <br />quality basic services that meet local <br />needs, spur economic development, and <br />are available at affordable rates to all <br />consumers. Policies should not diminish <br />local authority to manage public rights - <br />of -way, to zone, to collect reimbursement <br />and reasonable compensation for the use <br />of public assets, or to work cooperatively <br />with the private sector. The League <br />opposes the adoption of state and federal <br />policies that restrict cities' ability to <br />finance, construct, and operate <br />telecommunications networks. <br />LE-16. Broadband <br />Issue: High-speed Internet is essential <br />infrastructure needed by cities to compete in <br />a global economy. Yet many communities <br />do not have access to broadband at <br />affordable prices. High fixed costs, low <br />density, and short-term return -on -investment <br />thresholds for private sector providers <br />contribute to the lack of broadband across <br />the state. Investing in universal broadband <br />access has substantial local and regional <br />economic benefits for communities of all <br />sizes. Cities and other local units of <br />government are facilitating the deployment <br />of broadband services to increase <br />connectivity, reliability, availability, and <br />affordability for residents and businesses <br />through a variety of models, including <br />municipal broadband and public -private <br />partnerships. However, attempts have been <br />made to restrict cities from providing <br />telecommunications services, particularly in <br />unserved or underserved areas. Recent court <br />cases have overturned interpretation by the <br />Federal Communications Commission <br />(FCC) that states may not limit the extension <br />of municipal broadband services from one <br />city to another. <br />Due to the high costs of broadband <br />infrastructure, the state has expanded its role <br />to identify and formulate tools to expand <br />broadband access. The Office of Broadband <br />Development within the Department of <br />Employment and Economic Development <br />League of Minnesota Cities <br />2018 City Policies Page 61 <br />