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HomeMy WebLinkAboutResolution 93-32RESOLUTION 93-32 BEING A RESOLUTION SUPPORTING THE MHFA APPLICATION FROM THE ACCAP FOR THE COMMUNITY LAND TRUST PROGRAM AND PLEDGING OUR BEST EFFORTS TO WORK IN PARTNERSHIP WITH ACCAP FOR THE SUCCESSFUL COMPLETION OF THIS PROJECT WHEREAS, the City of Columbia Heights recognizes the need to maintain and upgrade its housing stock, and ~VHEREAS, the City of Columbia Heights contains a disproportionate share of rental housing units, many of which need significant rehabilitation, and WHEREAS, the City of Columbia Heights is committed to using a wide range of tools to upgrade this area, and to promote a more balanced distribution of owners and renters, and WHEREAS, the City of Columbia Heights will commit up to $250,000 of matching funds on a one-to-one basis toward the revitalization of neighborhoods, including the conversion of rental units to home ownership, and WHEREAS, the City of Columbia Heights is aware of the MHFA Community Land Trust Program which is designed to expand home ownership affordability for lower to modest income individuals and families, and WHEREAS, the City of Columbia Heights considers the Community Land Trust Program to be a significant community development tool to support other City efforts in redeveloping the SheffieldAddition, and W~rlEREAS, the Anoka County Community Action Program (ACCAP) has requested support from the City of Columbia Heights for their $250,000 grant application to the Minnesota Housing Finance Agency for the Community Land Trust Program, which is to be utilized exclusively for the City of Columbia Heights project, NOW, THEREFORE, BE IT RESOLVED that the City of Columbia Heights formally support the MHFA application from the Anoka County Community Action Program for the Community Land Trust Program, and that the City of Columbia Heights pledges its best efforts to work in partnership with ACCAP for the successful completion of this project, and BE IT FURTHER RESOLVED that a copy of this resolution be forwarded to Mr. James Solem, Commissioner, Minnesota Housing Finance Agency, and Mr. John "Jay" McLinden, Anoka County Administrator. Passed this 26th day of July, 1993. Offered by: Ruettimann Seconded by: Peterson Roll call: All Ayes [~-An~n~ Student, Coun~Secretary