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�;.� EN HILLS . <br />Re uest for Council Action � <br />q <br />. .. ....................................�....�................................�........._............................._....._�.......................�...y............................................................................................................�........................�........................................................._._........................................................... <br />Prepared By: James Lehnhoff, <br />Community Development Director � Council Meeting Date: June 14, 2010 <br />Arden Village Workforce Housing Proposal — <br />Updated Letter of Support for the Housing Tax Credit Application <br />Budgeted Amount: Actual Amount: Funding Source: <br />Recommendation: <br />Consider a motion to approve a letter of support for Sand Companies, Inc's housing tax credit application to the <br />Minnesota Housing Finance Agency for the Arden Village project at 1296 County Road F for an amount not to <br />exceed $225,000 or $575,000 as proposed in the June 14, 2010, memorandum. <br />Supporting Documents: <br />• Memorandum dated June 14, 2010, from James Lehnhoff <br />• Updated Letter of Support from Sand Companies, Inc. <br />