Agenda - Council - 06/25/2019 - Laserfiche WebLink

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Section 2: Eligible Applicants, Eligible Projects and Eligible Uses Eligible Applicants By state statute, applicants must be a local governmental unit, which may be a: 1. Municipality (a statutory or home rule charter city or township) currently participating in the Metropolitan Council's Local Housing Incentives Account Program 2. Metropolitan county 3. Housing and Redevelopment Authority, Economic Development Authority, Community Development Authority or Port Authority Projects proposed under categories (2) and (3) must be located in a participating municipality. Applicants that receive a Livable Communities Act (LCA) grant must have adopted a Fair Housing Policy prior to the disbursement of LCA funds. A link to a sample Fair Housing Policy is available in Appendix 4 of this guide. Developers cannot apply and cannot be the grantee. However, developers are encouraged to partner with eligible applicants to submit applications. Eligible Projects All of the following are required to comprise an eligible LCDA-Development grant project: • The project must meet the criteria for Development Projects, as defined in the "definition of terms" section of this guide. • The project must be located within a Council -identified Developed Area, Developing Area or a Rural Center. Regional park land is ineligible. • Not every good project is a good fit for the LCDA program. Successful applicants will use LCDA funds to elevate a development or redevelopment project beyond a traditional project and enhance livability through project outcomes. • The grant -funded activities must be completed within the 36-month grant term. • The project must include one or more development or redevelopment components that will commence within the 36-month grant term. In this context, "commence" means significant physical improvements have occurred in furtherance of the LCDA project (e.g., a foundation is being constructed or other tangible work on a structure has been initiated). If the application requests LCDA Development funds for land acquisition and associated holding costs, the acquisition must be completed by the expiration of the grant term. • The project must be consistent, or be made consistent, with the local comprehensive plan that has been reviewed by the Council and be consistent with any area, neighborhood, corridor or other local plan adopted by the municipality in which the project is located. • If housing is planned, the project must help achieve one or more of the affordable and lifecycle housing goals adopted by the applicant city (or the city in which the project is located if the applicant is a county or county development authority) under the Local Housing Incentives Account program of the Livable Communities Act. • All projects involving housing must adopt and implement an affirmative fair housing marketing plan prior to fund disbursement. 5