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HomeMy WebLinkAbout1996-172 CCR1 1 RESOLUTION NO. 96 -172 Member Kristen Mann introduced the following resolution and moved its adoption: RESOLUTION APPROVING HENNEPIN COUNTY APPLICATION TO THE MINNESOTA HOUSING FINANCE AGENCY FOR COMMUNITY FIX -UP FUND WHEREAS, the Community Fix -Up Fund is a loan program offered by the Minnesota Housing Finance Agency (MHFA) to provide home rehabilitation and remodeling loans to qualified single family through four -unit residential properties; and WHEREAS, Hennepin County will be applying to the MHFA to participate in the Community Fix -Up Fund and has offered to provide the program in the city of Brooklyn Center; and WHEREAS, the County's participation in the Community Fix -Up Fund would provide needed home rehabilitation funds to residents of the city of Brooklyn Center; and WHEREAS, in order for Hennepin County to offer Brooklyn Center residents rehabilitation loans under the Community Fix -Up Fund, the City must approve the County's application and designate a specific neighborhood to target with the loan funds; and WHEREAS, based on the current waiting list for Community Development deferred home rehabilitation loans, it appears the city's southeast neighborhood has a significant need for home rehabilitation funds; and WHEREAS, the City of Brooklyn Center supports Hennepin County's efforts in providing additional home rehabilitation opportunities to Brooklyn Center residents in the city's southeast neighborhood. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center as follows: 1. The City Council approves Hennepin County's application to the Minnesota Housing Finance Agency for the Community Fix -Up Fund program. 2. Hennepin County is hereby directed to target the city's southeast neighborhood with Community Fix -Up Fund loan funds. 3. The boundaries of the southeast neighborhood are: 53rd Avenue North on the south, Shingle Creek on the west, I -94/1 -694 on the north and the Mississippi River on the east. 1 RESOLUTION NO. 96472 ATTEST: September 9, 1996 Date Nsl1 ktukc-14,,,,, City Clerk 0 Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Kathleen Carmody and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Debra Hilstrom, Kristen Mann, and Charles Nichols; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.