8.0. HRSR 01-27-2003 - Laserfiche WebLink

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Housing organizations identify common legislative interests 0 Ann Higgins At the December meeting of the Finance Agency (MHFA) home- a key tool for affordable housing Minnesota Association of Local lessness programs put in place in'02, production.MALHFA will also join Housing Finance Agencies(MALHFA), and finding replacement revenues with Minnesota Chapter of the representatives of local housing finance, for$250,000 in Temporary Assis- National Association of Housing and housing and redevelopment officials, tance for Needy Families (TANF) Redevelopment Officials (MN- the League and Association of Metro- su pp ort that will expire July 1. NAHRO) to propose a statewide politan Municipalities,as well as • Repealing, or at least extending program to achieve a broader distri- housing non-profit developers and implementation of,the$100 housing bution of housing financing by housing advocates,identified common penalty for MFIP recipients who channeling funds directly to local concerns and interests to pursue with live in federally subsidized units. units of government for affordable the 2003 Legislature. • Supporting legislation to allow cities housing programs. Key issues identified by the group to have more opportunities to Housing organizations are also included: provide affordable housing via a looking at tax-exempt bond alloca- • Expanding the supply and preserving block grant program to channel tions to finance more production and existing affordable housing by funds directly to the local level. rehabilitation of affordable housing. supporting creation of an affordable • Allowing 25 percent of available tax The League,AMM,MALHFA,and state housing tax credit,expanding increment for project development NAHRO will work with local and sales tax exemptions for affordable to be used to generate financing for state agency issuers to determine housing,and increasing state bond- affordable housing. whether changes can be made to ing resources for development of • Determining whether changes dedicate more of this resource to affordable housing. should be made in the allocation of housing. In addition,the Minnesota • Preventing and addressing home- the federal tax-exempt bond Housing Partnership is interested in lessness by providing a comprehen- allocation for production and pursuing a proposal for a constitutional • sive response that includes funding existing homelessness shelter and rehabilitation of affordable housing. amendment that would allow state MALHFA will pursue legislation general obligation bonds to be used prevention programs at least at the to remove current restraints on the for privately-owned affordable '01 level,making up for the 1 percent use of tax increment financing (TIF) housing.r reduction in Minnesota Housing to allow cities increased use of TIF as ° as LMC Business Associates MiopaWa f ties yssact �� For information on becoming an LMC Business Associate,call Rebecca Erickson at(651)281-1222. ACS (Affiliated Computer DPRA Incorporated MFRA Services) Ehlers&Associates, Inc. Paulsen Architects Advanced Drainage Systems Evensen Dodge Inc. Ratwik, Roszak& Maloney, P.A. Barna Guzy&Steffen Ltd. Galliard Capital Management, RLK Kuusisto, Ltd. Black Mountain Software, Inc. Inc. Short Elliott Hendrickson, Inc. Bolton & Menk, Inc. Hallberg Engineering, Inc. Springsted Incorporated Bonestroo, Rosene,Anderlik HDR TSP Architects & Engineers &Associates, Inc. Howard R. Green Company URS Corporation Briggs and Morgan Kennedy &Graven, Chartered Voyageur Asset Management CenterPoint Energy Minnegasco Krass Monroe, P.A. Widseth Smith Nolting Cincinnatus, Inc. Liesch Associates, Inc. Xcel Energy David Drown Associates LOGIS Yaggy Colby Associates S January 15, 2003 Page 9