1.A Arden Village Workforce Housing Concept

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4kCityof Maple Grove 12800 Arbor Lakes Parkway, P.O. Box 1180, Maple Grove, MN 55311-6180 763-494-6000 June 11, 2007 Minnesota Housing Finance Agency 400 Sibley Street, Suite 300 St. Paul, Minnesota 55101 Attention: Multifamily Underwriting RE: Tax Credit Application & Super RFP Funding. MAPLE VILLAGE, MAPLE GROVE. Dear Multifamily Development: The City of Maple Grove is pleased that you are considering funding an affordable rental housing development in our cominunity. Maple Grove continues to have tremendous growth in commercial and industrial development which involves significant job growth. We have a great desire for a range of housing opportunities, especially affordable rental housing for employees of our local businesses. We have supported the Livable Communities Act since its inception. To further promote and participate in rental housing opportunities, the City has provided on a case by case basis incentives that have included the waiving of up to 25% of park dedication fees and the waiving of a portion of the building permit along with sewer and water hook-up fees. This endorsement is based upon the findings that the project will meet locally identified housing needs and local ordinances and that the proposed housing is in short supply in the local housing market. This need is evidenced by the gap between the local supply and demand for the proposed type of housing. We are very interested in having additional affordable rental housing in Maple Grove and will work with the developer in all aspects of the development including, but not limited to, the potential for waiving a portion of local development fees and flexibility in zoning such as density bonus and fast track permitting and approvals. We respectively request funding approval for this needed development in the City of Maple Grove. Sincerely, 1?a.2 x/ Alan A. Madsen Irl City Administrator "Serving Today, Shaping Tomorrow" AN EQUAL OPPORTUNITY EMPLOYER