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<br />. I. FUNDING <br /> Funding for the programs which address the needs of the Metropolitan area described within <br /> this report is probably the most difficult issue to deal with politically. It is generally accepted <br /> that additional money is needed to provide new housing opportunities in suburban areas and <br /> to rehabilitate and revitalize the core and inner ring. However, there are a multitude of existing <br /> state/federal programs with massive funding that, if consolidated and re-directed, might provide a <br /> more effective delivery system and reduce the overall new money needs. <br /> In addition to the major area of housing, there are a number of recommended programs which help <br /> individuals locate housing, which encourage community building, provide job training, establish <br /> economic opportunities, create transit services, etc. These programs, which can help resolve <br /> deconcentration of poverty, require additional funding sources. <br /> Finally, three questions remain: (1) the type of funds (2) the source of the funds and (3) how broadly <br /> the funds should be administered. In this climate of multiple needs and finite resources, we must <br /> make choices that will provide the greatest benefits to the most people in order to resolve our critical <br /> problems. <br />. GOAL <br /> To be able to provide a diverse range of housing throughout the Metropolitan <br /> area so individuals at all income levels have the opportunity to live in areas of <br /> their choice including the core cities, inner ring suburbs, outer ring suburbs or <br /> free-standing communities. <br /> RECOMMENDATION <br /> T 0 create a Metropolitan Housing and Redevelopment Fund to rehabilitate housing in <br /> deteriorating areas and to facilitate the creation of low income housing opportunities in <br /> the developing regions. <br /> The fund should include a variety of programs such as metropolitan-wide rental assistance <br /> voucher programs, a loan guarantee fund to leverage private money for home purchase, a <br /> reinvestment/rehabilitation program for salvageable housing in deteriorating neighborhoods and a <br /> development fund to construct suburban housing for lower income persons. <br />. iii Urban Strategies Task Force Report 27 <br /> --.---- <br />