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Councilmember introduced the following resolution and moved for its adoption:
<br />CITY OF RAMSEY
<br />ANOKA COUNTY, MINNESOTA
<br />RESOLUTION NO. 26-227
<br />A 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 />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 />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 />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 />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 />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 />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 />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 />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.
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