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02-510Council File # 01- S Lo � 1 Resolution Endorsing Saint Paul Housing Production Plan 2002-2005, Establishing the Mixed Income 2 Housing Fund and Authorizing the Use of STAR Funds for Housing 3 WI�REAS, the City of Saint Paul is committed to the production of 5000 housing units over the next four 4 yeazs, at least 1000 of which will be affordable to households with incomes below 50 percent of the re ig onal 5 median and half of those affordable to households with incomes below 30 percent of the regional median. (the 6"Project") which is fiu described in E�ibit A; and 7 WHEREAS, it is necessary to establish the Project, cailed the Saint Paul Housing Producrion Pdan 2002-2005 8 within the City's Capital Improvement Budget; and 9 WIIEREAS, the Mayor and City Council support masimizing the use of City funds to complete the Project by 10 leveraging funds from other government agencies, non-profit organizations, foundafions, private lenders and 11 developers; and 12 WHEREAS, the Mayor and City Council support the use of STAR funds for the Project; and 13 WHEREAS, the Mayor and City Council wish to establish the Mixed Income Housing Fund, as fiirther described 14 in E�iibit B; and 15 WFIEREAS, the Mayor and City Council are committed to meering the guidelines for the construction of lower- 16 income affordable housing included in the Housing Plan, a chapter of the Saint Paul Comprehensive Plan, in 17 completing the Project; and • � ..� � � ..- • �.. - � . . . -- -- - ' - �- `- - - ' -- - � - - - • ` - - - - --- - .. 1 - -- .: - - - - - - - .: - - - 21 NOW, THEREFORE, BE IT RESOLVED that the Saint Paul City Council hereby endorses the Saint Paul 22 Housing Production Plan 2002-2005 for the production of 5000 units, at least 1000 of which will be affordable 23 to households with incomes below 50 percent of the re�ional median and half of those affordable to households 24 with incomes below 30 percent of the regional median. attached as E�ibit A; and 25 BE IT FI3RTHER RESOLVED that the City Council approves the creation of the Mixed Income Housing Fund 26 and ' the definition of elieible uses for STAR funds within the Mixed 27 Income Housin�Fund attached as E�ibit C; and . . . � � • . - - • -- -- - • - - - - . . • - - - - - -- • ' - - -- - - - .. .. --- - -- ' - - 1 - -- ' ` -- - - - ' - - •• - - ---- ' • - - . �— od.•5�o - - � 1 � � •1 �- � .� • �� ��� .. . �a. � � - : 11 11 �- � �-� . � � � � - ' � - . � '. �i � �� • �� ��� 1 " � � • � _ _ "" ' _ _ : J iui�d�niiin�Gi�i�i��irvnwiaiiaaaoa�:�.w�� � ��].ri�.i:ii :i.� � _ _ � _ _ " _ ' " " _ _ _ _ _ i G wi:n �. � s _ _ _ _ " " _ _ " _ _ • _ r _ ' _ _ _ �i'i'�" . "_ • : � i ___ _ _ _ _ __ _ "_ .�.i� s�e-+ �ii - __ •_ _ " "" �_ ' _ � _ _ _ _ _ _ _ _ _ _ " _ _ _ _ _ _ _ .a:�:.i�i��tiao�i� " - ' - - _ _ " _ " _ - : �asw�ii�wa.aha%R:��i�;� " "' ' ' _' _ _ ' " _ ' _.i:r�iia.w�- "' ' ' _ _ ' 1 � 8 BE IT FURTF�R RESOLVED. that the Citv Council requests that PED submit an application for the uses 9 indicated in lines 1-3 above in July 2002 for Neighborhood STAR Cycles 8-11; and 10 BE IT FURT'HER RESOLVED, that the City Council authorizes any waivers from the Neighborhood STAR 11 Guidelines �rovided that those waivers are identified and discussed at the time the proiect is presented to the 12 Neiahborhood STAR Boazd and the Citv Council 13 ' ; and 14 BE IT FURTHER RESOLVBD. that amon� the criteria for seleetion of projects to be financed throu�h the 15 Mixed Income Housing Fund should be consistency with the Saint Paul Comarehensive Plan's policv related to 16 the dispersal of affordable housing throughout the citv: 17 BE IT FINALLY RESOLVED that the Citv Council requests the Saint Paul Department of Plannin�and 18 Economic Development (PED to prepare a report by 3eptember 30 2002 on the�ossible use of land trusts and 19 essentSal function bonds to finance the �roduction of affordable housine. Requested by Depaztrnent o£ � Form Approved by City Attorney � Adopted by Council: Date � e^ Adoption Certified by Council S etary Approved by Mayor for Submission to Council By � l- -a C� � �w � _ _BY: � Approved Mayor: Date sy: � ��.1�, ��--�- �--�.�.,..5 �,+�C,-. � f oa-s�o . DEPARTMEM'/OFFICFJCOUNCIL owrE INRwTEo CITY COUNCIL .r�e s, Zooz GREEN SHEET No 200684 COMACT PQ2$ON & PFIONE InX1aIIDW InX1aIlDats Councilmember Coleman 266-8620 �,,,,,,,�,,,,�,,. a ,,.� Musr eE oN caunia� nc�a. sr (onr� wsswN June 5 2002 Sus ension Item � x ��� �'�**� rnr«m¢ xounxc �� wuuceuamuiccscet w�wcw.mmKCra ❑wvortlw�wsmsowrl ❑ TOTAL # OF SIGNATURE PAGES (CUP ALL LOCATIONS FOR SIGNATURE) CTION REQl1ESTm Endoring Saint Paul Housing Production Plan 2002-2005, etc. (Second Version). RECOMMENDATION APPfOV2 (A) Of REJ2C� (R) PERSONALSERVICE CONTRACIS MUST ANSWERTXE FOLLOWING QUESTiONS: 7. Has ihis persoNfrtn everworked under a wntrad for this departmeM7 PLANNING CAMMISSION ' VES No CIB COMMITTEE 2. Has Mis persoNfiim ever heen a ciry empbyee7 CIVILSERVICECOMMISSION rES No 3. Does this persoNfiim possess a sidll nol rwrtnallypoesessetl by arry curtent city emp�oyee? VES NO 4. IS Mis persoNfirm a farpeted vendoYt YES NO � E�lain all Y� a�wers on separa[e sheet aM attach to Oreen sheet INITIATING PROBLEM ISSUE, OPPORTUNIN (Who, Whffi, When, Where, Why) ADVANTAGESIFAPPROVED DISADVANTAGES IF APPROVED DISADVqNTAGES IF NOTAPPROVED ��TOTALAMOUNTOFTRANSACTIONS COST/REVENUEBUDGEfED(GRCLEONk� YES NO FUNDING SOURCE ACTIVRY NUMBER FINANCIPL INFORMATION (IXPWN) 'r� `:h£