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K. Identify which marketing option your city will use (either accessing MHFA marketing <br /> support or developing independent marketing). <br /> L. Self-issuing cities must provide along with their completed application the <br /> � a � <br /> following information concerning their 1 997 allocations as of January 31, 1998: <br /> 1} Amount allocated; ) Amount of allotment used sum <br /> of dollar amounts of home <br /> mortgage loans purchased and home mortgage loans in process at lending <br /> institutions). <br /> Describe why feel there is sufficient demand in your market to use the PP funds <br /> ]� ]� to project demand <br /> requested in this application. Indicate the data sources used f t such as <br /> real estate sales over the past year; Realtor, builder or lender information; indicators of a <br /> housing shortage; and/or recent area business/economic expansion. <br /> Newly constructed homes located its the seven County Twin Cities Metro Area (Anoka, <br /> Carver, Dakota, Hennepin, Ramsey, Scott or Washington counties) may be financed <br /> with funds under the MGM F ONLY IF one of the five following criteria is met. If your <br /> program involves new construction, Ind"sate which category (a, b, c, d or a below) will <br /> be incorporated into your program! and include <br /> appropriate details on area, t gyp o of <br /> structure, or affordability initiative as is applicable. <br /> A. New construction located in a qualified redevelopment area. Include a brief <br /> description and/or map defining the boundaries of your city's redevelopment area.* <br /> BF New construction on to replace a struct u,ral ly substandard structure or structures. — I' <br /> C. New construction which will be developed under one or more of the "affordability <br /> initiatives 14 allowed under administrative rules (see Attachment 1). <br /> D. The new housing is located on a parcel purchased by the city or conveyed to the <br /> city under section 2B2.01, subdivision 1 (tax-forfeited lands). <br /> E. The city must have negotiated affordable and life cycle housing goals with the <br /> /Metropolitan Council. <br /> "Redevelopment area"means a compact and contiguous area within which Tr/6 of the parcels are developed <br /> (buildings,streets, utilities, etc.),and where more than 25%of the buildings are structurally substandard to a <br /> degree requiring substantial renovation or clearance. <br /> l <br /> Provide authorized signature(s) from the organization submitting this application, <br /> including printed or typewritten name, title and phone number. <br />