CCP 11-12-1996 - Laserfiche WebLink

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I . . I .1 developers to initiate both public and private housing projects that meet local needs. The I 2 state should continue to provide grants and loans from state revenue sources and I 3 streamline multiple MHF A- administered programs to create a larger pool of state I 4 funding with more flexible criteria and guidelines to make it easier for cities to apply for 5 and make use of state housing assistance programs. The state can also assist by I 6 establishing priorities for the use of those funds on the basis of state housing policy for I 7 which cities and developers can apply based on their specific project activities. 8 More also needs to be done to reduce the cost to older homeowners of moving into I 9 assisted living or other housing designed for the elderly, such as patio homes. More also I IO needs to be done to match up first-time homebu)'ers with affordable properties and to 11 make more "fix-up" programs available at the locallerel. "2 Among the state-sponsored initiatives and policies the League supports to encourage I 13 production of affordable housing are: I 14 . exemption from state sales tax for construction of low-income housing; 15 . a state low-income housing tax credit program; and I 16 . measures that make it easier for cities with affordable housing programs to use tax I 17 increment financing or tax-exempt revenue bonds (IRBs). 18 Cities must also have sufficient local authority and the flexibility to undertake housing I 19 projects to meet their unique housing needs and must be able to leverage federal and state I 20 resources to do so. Cities must also bring together crime prevention specialists and those I 21 working to develop new affordable housing units in support of on-going efforts to improve ~: access to affordable housing while supporting neighborhood safety and community livability. I 1997 City Policies 19 .,