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CCP 10-19-1995
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CCP 10-19-1995
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<br /> I i . <br /> I No. A municipality is not participating in the Local Housing Incentives Account Program unless two <br /> . conditions have been met: <br /> I . <br /> a. The municipality has elected to participate in the program; and <br /> I b. The Metropolitan Council and the municipality have negotiated and agreed on affordable <br /> and life-cycle housing goals for the municipality. <br /> I If the municipality and the Metropolitan Council do not successfully negotiate housing goals, your <br /> I municipality may not participate in the Local Housing Incentives Account Program. <br /> .> <br /> I 9. Must my municipality participate in the Local Housing Incentives Account Program? <br /> I No. Participation in the program is voluntary, but a municipality that does not participate may at some <br /> later time elect to participate in the program. However; a municipality which later elects to participate <br /> I must establish that it has spent or agrees to spend on affordable and life-cycle housing an amount <br /> equivalent to what it would have spent on affordable and life-cycle housing had goals been established <br /> I . for the period in which the municipality was not participating. <br /> 10. If my municipality has met its housing goals in the previous calendar year, may my munici- <br /> I pality participate in the Local Housing Incentives Account Program? <br /> I Yes. However; your municipality will not be eligible to receive grants from the Local Housing Incentives <br /> Account Program if it met its affordable and life-cycle housing goals. Your municipality still will be <br /> I eligible for grants and loans under the Livable Communities Demonstration Account and Tax Base <br /> Revitalization Account programs. <br /> I 11. What if my municipality chooses not to participate in the Local Housing incentives Ac- <br /> I count Program? <br /> I Municipalities that elect not to participate in the Local Housing Incentives Account Program are not <br /> eligible to participate in the Tax Base Revitalization Account and Livable Communities Demonstration <br /> Account programs under the Act. The Metropolitan Council is required by the Act to take into account <br /> I your municipality's participation in the Local Housing Incentives Account Program when making <br /> . discretionary funding decisions. In addition, your municipality will not be eligible to apply for funds <br /> I under the Department of Trade and Economic Development's polluted sites clean-up program if your <br /> I <br /> __n___ <br />
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