99-0863R REPLACEMENT 2

RESOLUTION ACCEPTING THE DULUTH HOUSING STUDY GOAL, OBJECTIVES, AND POLICY STATEMENT FOR RESIDENTIAL DEVELOPMENT AND ADOPTING ITS PRIORITIES.
BY PRESIDENT GILBERT:

RESOLVED, that the city council of the city of Duluth hereby accepts the Duluth Housing Study goal, objectives, and policy statement for residential development dated November 1999 as a working document. This document will be the framework for the city of Duluth's Consolidated Plan for Housing and Community Development; these strategies will guide the investment of public funds for FY 2000.



STATEMENT OF PURPOSE: The purpose of this resolution is to accept this as a working document outlining the housing development Objectives and Policy Statement for residential development; to use the strategies as the framework for the residential development component of Duluth's Comprehensive Plan and the City of Duluth Consolidated Plan for Housing and Community Development; and to guide the investment of public resources, including Low-Income Housing Tax Credit Program funds, Duluth Economic Development Authority (DEDA) funds, CDBG funds, HOME funds, ESG funds, and MHFA funds. The goal, objectives and policies are based upon the Duluth Housing Study Project requested by the City Council, CCAC, DEDA, and the Duluth Housing Trust Fund/Duluth Housing Commission. The charge of the Housing Study Committee was to examine the existing housing stock, the housing market considerations, the cost of housing, and the current trends within the housing industry to establish policies and strategies for the community. A major goal of the City is to promote quality housing that meets the needs of its residents.