HomeMy WebLinkAbout02-006 - ADMIN Resolution - City Council - 2002/01/21L •
RESOLUTION NO. 02-006
A RESOLUTION SUPPORTING THE CITY OF ST. LOUIS PARK'S APPLICATION
TO THE MINNESOTA HOUSING FINANCE AGENCY AND THE FEDERAL HOME
LOAN BANK FOR ASSISTANCE FUNDING A PILOT HOME IMPROVEMENT
PROGRAM.
WHEREAS, the City Council has established the following housing goals: provide a
balanced and sustainable housing stock to meet diverse needs now and in the future, and to
ensure all housing is safe and well maintained; and
WHEAREAS the proposed home improvement program is an implementation step to
meet housing needs identified in the City Comprehensive Plan and Strategic Housing Plan, and
WHEREAS, the City will leverage city housing rehabilitation funds with other funds to
ensure that low-income homeowners can implement deferred maintenance improvements, and
WHEARES, the City's total contribution to the pilot program if fully funded by the
MHFA and Federal Home Loan Bank is estimated to be $403,000,
NOW THEREFORE BE IT RESOLVED by the St Louis Park City Council, Minnesota,
supports the pilot home improvement program application to the Minnesota Housing Finance
Agency and Federal Home Loan Bank
Reviewed for Administration
Attest.
ty Clerk
Adop the Cid Eouncil January 21, 2002
Mayor