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Councilmember Buscher introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION NO. 26-227 <br /> <br />RESOLUTION AUTHORIZING CITY STAFF TO PROCESS, AUTHORIZE, AND <br />EXECUTE DOCUMENTS NECESSARY TO IMPLEMENT AND ADMINISTER THE <br />RAMSEY LOCAL AFFORDABLE HOUSING AID (LAHA) PROGRAM <br /> <br />WHEREAS, the Minnesota Legislature established the Local Affordable Housing Aid <br />program under Minn. Stat. § 477A.35 to provide aid to eligible metropolitan cities and counties <br />for the development and preservation of affordable housing; and <br /> <br />WHEREAS, the City of Ramsey (the "City") is an eligible recipient of Local Affordable <br />Housing Aid ("LAHA") funds under Minn. Stat. § 477A.35; and <br /> <br />WHEREAS, Minn. Stat. § 477A.35, subd. 2, authorizes the use of LAHA funds for locally <br />funded housing expenditures, including the acquisition, construction, rehabilitation, adaptive <br />reuse, improvement, financing, and infrastructure of residential dwellings; and <br /> <br />WHEREAS, the City desires to use its LAHA funds to assist income-qualified residents <br />with exterior and interior improvements to owner-occupied, homesteaded residential properties <br />located within the City, thereby improving the safety, habitability, and appearance of homes and <br />surrounding neighborhoods; and <br /> <br />WHEREAS, the City has established the Ramsey Local Affordable Housing Aid (LAHA) <br />Program (the "Program"), which sets forth the eligibility criteria, eligible expenses, matching <br />contributions, repayment terms, and administrative procedures for the use of LAHA funds; and <br /> <br />WHEREAS, the Program is structured as a forgivable grant-loan bearing no interest, with <br />repayment secured by a repayment note, mortgage, and/or lien recorded against the assisted <br />property with the Anoka County Recorder/Registrar of Titles, and with payments made directly to <br />licensed contractors; and <br /> <br />WHEREAS, implementation and administration of the Program requires the City to <br />process, authorize, and execute various documents, including program applications, award or <br />commitment letters, repayment notes, mortgages, liens, homeowner/contractor agreements, lien <br />waivers, satisfactions and releases, and other related documents; and <br /> <br />WHEREAS, in order to respond promptly to the needs of the City's residents and to <br />administer the Program efficiently, the City Council desires to authorize City staff to process, <br />authorize, and execute all documents necessary or convenient to implement and administer the <br />Program. <br /> <br /> <br />