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4) meet the Metropolitan Livable Communities Act and support the Local Housing Incentives Program for that purpose. 4.0 Fiscal Impact 4.1 Each F AHP property would become non-homestead and tax exempt due to its ownership by a public entity. In consideration of this, the Metro Council will agree to make payments in lieu of taxes (pilot) at a rate of 10 percent of the gross rent charged. 4.2 As an example, a unit that is renting to a family who qualifies under the 30 percent of median income would pay an estimated $350 - $400 in monthly rent or $4,200 per year. The pilot contribution would be $420 distributed among the taxing jurisdictions at the same rate of regular property taxes. 4.3 Although analysis has not been done specifically for Roseville, a Met Council analysis for another suburban community determined that in a worse case scenario if no rent was charged the tax revenue lost for the purchase of 20 units was equal to less than 2 tenths of I percent. 4.4 The pilot is calculated on the rent that is charged not collected. Therefore, if a tenant does not pay the rent it does not affect the pilot contribution by the Met Council. 5.0 Staff recommendation 5.1 Based upon the city's goals to meet the affordable housing needs in the community, to provide a balance of life cycle housing by attracting new families with children, to provide a mix of housing types and to renovate exiting homes, staff is recommending the support of 15 F AHP units in Roseville. 5.2 To help understand the current make up of the homestead and non-homestead unit concentration in Roseville and ensure that there is a balance of housing, staff prepared a map and chart showing the distribution of single family detached, single family attached (includes double dwellings, duplex, triples and townhomes) and multifamily condominiums throughout the entire City by Planning District. A summary of the finding include the following: . Total properties citywide: 95 % homestead, 5 % non-homestead. . Total single family detached: 97 % homestead, 3 % non-homestead . Total single family attached: 86% homestead, 14 % non-homestead . Total condominiums: 81 % homestead, 19 % non-homestead 5.3 There does not seem to be any particular planning district with a large concentration of non-homestead ownership properties with the exception of District 12. This is primarily due to the large concentration of non-homestead condominiums between County Road B and Hwy. 36. Met Council Family Affordable Housing Program - Page 3 of 4