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1. Projects will be prioritized that provide affordable housing to Persons of <br /> Low and Very Low Income. <br /> 2. Projects may be prioritized that: <br /> a. Reduce disparities in home ownership. <br /> b. Reduce housing cost burden, housing instability, or homelessness. <br /> c. Improve the habitability of homes. <br /> d. Create accessible housing. <br /> e. Create more energy- or water-efficient homes. <br /> 912.4 FUNDING SOURCES. <br /> A. The City Council may pledge any of the following sources of funding, which may <br /> include,but are not limited to funding of the Affordable Housing Trust Fund: <br /> 1. Private cash donations from individuals and corporations designated for <br /> the Affordable Housing Trust Fund. <br /> 2. Grants or loans from a state, federal, county or local government or private <br /> sources. <br /> 3. The sale of real and personal property. <br /> 4. Local government appropriations, development fees and other funds as <br /> designated from time to time by the City Council. <br /> 5. Investment earnings from the Affordable Housing Trust Fund. <br /> 6. Tax Increment Finance(TIF)pooled funds. <br /> 7. Housing and Redevelopment levy funds. <br /> 8. Local Housing Aid funds. <br /> 9. Other sources of funding approved by the City Council. <br /> 912.5 ADMINISTRATION OF AFFORDABLE HOUSING TRUST FUND. <br /> A. The Economic Development Authority in and for the City of Roseville (the <br /> "Authority") shall administer the Affordable Housing Trust Fund on behalf of the <br /> City. <br /> RS 160\1\909991.v1 <br />