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CCP 08-11-2010
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CCP 08-11-2010
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Metropolitan Council <br />Local Housing Incentives Account <br />Livable Communities Demonstration Account <br />Land Acquisition for Affordable New Development (LAAND) <br />Family Housing Fund <br />• Metropolitan Housing Resource Program <br />Twin Cities Habitat for Humanity <br />Community Land Trusts <br />Local Government <br />• Conduit revenue bonds <br />• General obligation bonds <br />Housing revenue bonds <br />• Taxable revenue bonds <br />• Land write-down or sale <br />• Credit enhancements <br />Sanitary sewer rate adjustments <br />Demolition ordinances <br />Local community mortgage assistance programs <br />Mortgage Revenue Bonds <br />• Low-income housing Tax Credits <br />• Local fee waivers or reductions <br />• Local tax abatement <br />• Local property tax levy <br />Tax -increment financing (TIF) <br />Housing Maintenance Rehabilitation and Redevelopment Programs <br />A variety of programs are available to address maintenance, rehabilitation and redevelopment. <br />The Action Plan should identify any or all of a number of potential programs or activities the city <br />may employ including the following: <br />Federal Government <br />Federal Home Loan Bank - Affordable Housing Program <br />• Home Investment Partnership Program (HOME) <br />HOPE III <br />Minnesota Housing Finance Agency <br />• Housing Tax Credit Program (HTC) <br />• Low and Moderate Income Rental Program (LMIR) <br />• Economic Development and Housing Challenge Program (EDHC) <br />• Preservation Affordable Investment Fund (PARIF) <br />• Publicly Owned Housing Program (POHP) <br />3 <br />2010 Housing Action Plan Checklist <br />
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