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REQUEST FOR COUNCIL DIRECTION/DISCUSSION DATE: 4/23/0 1 ITEM NO: c-4 Department ApprovaL• Manager Approved: Agenda Section: � CONSENT Ite Description: Metropolitan Council Local Housing Incentive Account Funding 1.0 REQUESTED ACTION 1.1 City Staff is seeking City Council authorization to accept grant funding from Metropolitan Council's Loca1 Housing Incentive Account. If awarded, the City would accept the funds on behalf of the I- 35W Coalition and the jointly operated Housing Resource Center. The grant funds would be used by the Housing Resource Center to issue "housing improvement rebates" to single family home owners throughout the I-35 W Corridor Coalition communities. The City of Roseville, as a local unit of government, simply acts as the "pass-thru" of funds. 2.0 BACKGROUND 2.1 The Local Housing Incentive Account (LHIA) is just one of three accounts under the Metropolitan Livable Communities Act established in 1995 (MN Statutes, Sections 473-25 — 473254). The LHIA's goal is to help expand life-cycle and affordable rental and ownership housing in the region. 2.2 Roseville has never been awarded funds from this account but has received funding from the Tax Base Revitalization Account (TBRA) and the Livable Communities Demonstration Account (LCDA). 2.3 Each account has separate application processes and different times of the year. To be eligible for the funds a local unit of government must participate in the Metropolitan Council's Livable Communities Program and work toward affordable housing goals. Since its inception in 1995, Roseville has been a participating community, each year by resolution in November. 3.0 Summary of the Local Housing Incentive Account 3.1 The LHIA was established to provide funding towards the development or renovation of affordable and life cycle ownership and rental housing in the metropolitan region. These funds can only be awarded to local units of government. 3.2 The LHIA is administered through a Metropolitan Housing Implementation Group (MHIG) established in 1995 to coordinate and streamline the complex system of delivering housing resources in the metropolitan area. The MHIG includes representatives from the Metropolitan Council, Minnesota Housing Finance Agency, Minneapolis-St. Paul Family Housing Fund, Minneapolis Public Housing Authority, Corporation for Supportive Housing Greater Minneapolis Metro Housing Corporation, Local Incentive Support Corporation, Federal National Mortgage Association and the Department of Housing and Urban Development. 3.3 The MHIG developed a Super Request for Proposal (RFP) process to simplify and streamline the Met Council LHIF Request Page 1 of 2