HomeMy WebLinkAbout26-001 Resolution Approving the Dakota County Community Development Agency to Administer City Local Affordable Housing Aid Funds CITY OF LAI�VILLE
DAKOTA COUNTY,MINNESOTA
RESOLUTION NO.26-001
RESOLUTION APPROVING THE DAKOTA COUNTY COMMUNITY DEVELOPMENT
AGENGY TO ADMINISTER CITY LOCAL AFFORDABLE HOUSING AID FUNDS
WHEREAS, The City of Lakeville is a recipient of newly created sales tax-funded Local
Affordable Housing Aid (LAHA) dollars from the State of Minnesota;and
WHEREAS, the purpose of LAHA is to develop and preserve affordable housing and help
persons experiencing homelessness find housing; and
WHEREAS,the City's allocation of LAHA funds received in 2025 was $635,458; and
WHEREAS, the City has three years to commit the 2025 funding (no later than ',
December 31, 2027) and must spend the funds by December 31,2029: and �'
WHEREAS, if the City's LAHA funds are not committed or spent in the required
timeframe, funds will be returned to the Minnesota Housing Finance Agency for statewide
housing needs, and
WHERAS, the Dakota County Community Development Agency (CDA) is the housing
and economic development authority for the County that has well established>successful housing
programs that are LAHA eligible; and
WHEREAS, the CDA has formally requested to partner with the City (and other Dakota
County communities) on the administration of the LAHA funds for two CDA programs: 1) the
Home Improvement Loan Program, and 2) the Radon Mitigation Grant Program (together "the
programs"); and
WHEREAS, the CDA has requested a formal response from the City by February 28,
2026, on whether the City agrees to partner with the CDA on the administration of the City's
LAHA funds and the allocation of those funds on the Programs.
NOW, THEREFORE,BE IT RESOLVED that the City of Lakeville hereby approves the
following:
1. The Dakota County CDA is designated as the entity to carry out certain
administrative duties related to the Local Affordable Housing Aid (LAHA) program
on behalf of the City of Lakeville, subject to the March 25, 2025, joint power
agreements executed between the two parties.
2. The City wishes to allocate a portion of its 2025 LAHA funds to the following
programs in the amount listed below:
a. Home Improvement Loan Program and Radon Mitigation Grant Program in
the amount of$250,000.
ADOPTED by the Lakeville City Council this 5`''day of January, 2026
CITY OF LAKEVILLE
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BY: �
Luke M. Hellier, Mayor
ATTEST:
BY:
Ann Or ofsky, City Clerk