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<br />REQUEST FOR HRA ACTION <br />Date: 06-21-05 <br />Item No: 7.a. <br />Staff Approval: Agenda Section: <br /> Action Items <br />Item Description: Approval to Submit an application under the Consolidated Request <br />for Proposals (RFP) for 311 County Road B <br />Background <br />1.0 <br />1.1The MHFA consolidated request for proposals for 2005 on single family projects is due <br />on July 14, 2005. The objective of the request for proposals is to provide “one-stop <br />shopping” for funds and/or assistance available to address the need for single family, <br />owner-occupied affordable housing. The Family Housing Fund, the Greater <br />Metropolitan Housing Fund, the Metropolitan Council, the Minnesota Department of <br />Corrections and the Minnesota Housing Finance Agency join together on this application <br />process to apply their funds collectively to projects that meets their objectives. <br />1.2The HRA supported the submission of an MHFA consolidated request for proposals in <br />February, 2005. The request for MHFA funding under this application for 311 County <br />Road B was not supported at this time due to the competitiveness of other applications <br />and readiness of this project. Staff has had discussions with MHFA staff and they are <br />encouraging the HRA to resubmit the application and proceed with land control and <br />planning. <br />1.3Funds from the Met Council LHIA program are grants that must be matched on a dollar- <br />for-dollar basis by the municipality (HRA) receiving the funds. The LHIA funds may be <br />used for costs associated with projects including, but not limited to, acquisition, <br />rehabilitation and construction of permanent affordable and life cycle housing. <br />Suggested HRA Action <br />2.0 <br />2.1 <br />Discuss 311 County Road B proposed project and provide direction. <br />If interested in pursuing the project, by motion, <br />2.2approve the submission of the Single <br />Family Consolidated Request for Proposal and direct HRA staff to make an application. <br />Prepared by: Cathy Bennett (792-7072) <br />RHRA_ RFP Approval (06-21-05) - Page 1 of 1 <br />