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3.0 Policy Implication <br />Roseville's Housing Policy continues to make the preservation of the housing stock a key <br />community goal, which fits well with the overall Livable Communities Action Plan. Roseville's <br />Housing Policy consists of several strategies that are annually refined as part of the <br />Comprehensive Planning process and work plan review. These strategies strive to achieve <br />maximum housing diversity and regeneration of housing stock by encouraging private <br />investment, discouraging deferred maintenance and disinvestment, stabilizing property values <br />and strengthening neighborhoods. No new housing policy would be required to continue the <br />City's participation in the Local Housing Incentives Program of the Metropolitan Council's <br />Livable Communities Act. <br />4.0 FiscalImpact <br />The Metropolitan Council's Affordable Life Cycle Housing Opportunities Account (ALHOA) <br />requires that the City contribute $20,332.37 to affordable & life cycle housing programs. <br />Roseville, under its Housing Policy and Budget for 2001 will corm-nit over $740,000 in various <br />housing renovation and technical assistance projects. Therefore, the City clearly will exceed the <br />ALHOA for 2001. <br />5.0 Suggested Council Action <br />By resolution, approve the City of Roseville's continued participation in the Local Housing <br />Incentives Program within the Metropolitan Livable Communities Act during the calendar year <br />2001. <br />Attachments: Draft Resolution, Summary of Housing Programs, Roseville Housing Policy. <br />Report by: Cathy Bennett 490-224 1 <br />Q:\Livable Communities\LIVCOM PARTICIPATION 2000.RCA.doc <br />RCA — Livable Communities 200 1 10/23/00 — Page 3 of 3 <br />