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housing with a measurable affordability component in Ramsey. <br />Not Using the Funds: The funds are meant for helpinz our residents or potential future residents. Should the <br />money not be used, it will zo back to Minnesota Housinz and used in other communities. <br />Time Frame/Observations/Alternatives: <br />Since some money needs to be committed, or spent by the end of next year, staff would like direction to prepare a <br />policy for adoption this spring and then start to work with residents and/or developers on using the money. <br />Funding Source: <br />LAHA Sales tax revenue <br />Recommendation: <br />Please provide direction on the types of projects the Council would like to see the money used for. Should the <br />Council want to explore a partnership with a third -party agency to administer housing improvement loan <br />programs, provide that direction as a partnership may take a few months to put together. <br />Outcome/Action: <br />Provide direction to staff. <br />Draft Policy <br />2024 LAHA Direct Allocations <br />2025 LAHA Direct Allocations <br />Minnesota Housing LAHA/SAHA FAQs <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 05/06/2026 03:37 PM <br />Form Started By: Todd Larson Started On: 05/05/2026 05:06 PM <br />Final Approval Date: 05/06/2026 <br />