HomeMy WebLinkAbout5432 - ADMIN Resolution - City Council - 1975/12/01i
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DECEMBER 1, 1975
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RESOLUTION NO. 5 4 k 2
RESOLUTION REQUESTING STATE LEGISLATION
PROVIDING FUNDING OF MINNESOTA HOUSING
FINANCE AGENCY PROGRAM FOR SINGLE-FAMILY
HOUSE REHABILITATION
WHEREAS, the Minnesota Housing Finance Agency was created by the State
Legislature for the purpose of providing decent, safe and sanitary housing
for state residents with moderate incomes, and
WHEREAS, to help achieve this goal, the Minnesota Housing Finance
Agency has developed a Home Improvement Program which will make loan funds
available to homeowners desiring to repair, improve, or rehabilitate their
property, and
WHEREAS, in order to achieve the goal of the City's Community Development
Program to facilitate the rehabilitation of single-family houses, the City
is currently developing a program through which it will provide an interest
subsidy for such rehabilitation loans, and
WHEREAS, the Minnesota Housing Finance Agency program making rehabilitation
grants and low interest loans to persons and families of low and moderate
income would work in conjunction with the City's program toward the same
goal, therefore
BE IT RESOLVED that the City Council of the City of St. Louis Park
wishes to have its legislators work diligently for the adoption of those
provisions of H.F. 1137 appropriating funds for low interest loans and
grants for the purpose of rehabilitating single-family houses.
Adopted by the City Council December 1, 1975.
Mayor
Attest:
City Clerk
Reviewed for administration: Approved as to form and legality:
City Manager City Attorney