Public Hearing on proposed Ordinance Establishing the Lake County Housing Trust Fund

Notice of Public Hearing

Lake County, Minnesota

Notice is hereby given that the Lake County Board of Commissioners will hold a Public Hearing on Tuesday, January 18, 2022, at 2:15 P.M. at the Lake County Service Center, Split Rock River Room, 616 Third Avenue, Two Harbors, Minnesota, 55616.

The purpose of the public hearing is to receive comments on a proposed Ordinance Establishing the Lake County Housing Trust Fund.

In order to provide Lake County (the “County”) with additional tools to support the rehabilitation and preservation of existing affordable housing within the County, promote the development of additional affordable housing within the County, and assist individuals with rental and down payment assistance, the County has determined to create a Housing Trust Fund.

The proposed ordinance, if adopted, would allow for establishing a Lake County Trust Fund Account, to be maintained by the Lake County Housing and Redevelopment Authority (the “HRA”). All funds received by the HRA on behalf of the Trust Fund shall be deposited in the Trust Fund Account.

A draft of the proposed ordinance is available at the Lake County Service Center, Office of the County Administrator, 616 Third Avenue, Two Harbors, Minnesota, 55616. All persons interested are invited to attend the Public Hearing. Written comments may be submitted to clerk.board@co.lake.mn.us or by U.S. Postal Service mail to Lake County Service Center, Office of the County Administrator, 616 Third Avenue, Two Harbors, Minnesota, 55616