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<br />I J 1/13 <br /> No. A.municipality is nor participating in the Local Housing Incentives Account Program unless two <br /> . . <br />. conditions have been met: <br /> . <br /> a. The municipality has elecred to participate in the program; ruui. <br />. ~ <br />I b. The Metropolitan Council ruui. the municipality have lIegoriated ruui. agreed on affordable <br /> and life-cycle housing goats for the municipality. <br />I If the mwzicipality and the Metropolitan Council do not successfully negotiate housing goals, your <br /> municipality may nor participate in the Local Housing Incentives Account Program <br />. <br /> 9. Must my municipality participate in the Loe3l Housing Incentives Account Program? <br />. No. Participation in the program is voluntary, but a municipality that does nor participate mcry at some <br />. later time elect to participate in the program. However, a municipality which later elects to participate <br /> must establish tfuzr it has spent or agrees to spend on affordable ruui. life-cycle housing an amount <br />I equivalent to what it would have spent on affordable and life-cycle housing had goats been established <br /> for the period in which the municipality was not parndpating. <br />.- 10. If my municipality has met its housing goals in the previous e3lendar year, may my munici- <br /> pality participate in the Local Housing Incentives Account Program? <br />I <br /> Yes. However, your municipality will not be eligible to receive grants from the Local Housing Incentives <br />. Account Program if it met its ajJordable and life-cycle housing goats. Your municipality still will be <br /> eligible for grcmts and 10= under the Livable Communities DemonsTration Account ruui. Tax Base <br />. Revitalization Account programs. <br />. 11. What if my municipality chooses not to participate in the Loe3l Housing incentives Ac- <br /> count Program? <br />. Municipalities that elect not to participate in the Local Housing Incentives Account Program are not <br />I 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 />. 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 appiy for funds <br />.- under the Department of Trade ruui. Economic Development's polluted sites clean-up program if your <br />I <br />