Clay County, IA Establishing a Local Housing Trust Fund
Status: Adopted on 2/12/08
RESOLUTION NO. #2008-09
ESTABLISHMENT OF THE CLAY COUNTY LOCAL HOUSING TRUST FUND
BE IT RESOLVED by the Clay County Board of Supervisors as follows:
WHEREAS, various unmet housing needs have low and moderate income residents of Clay County.
WHEREAS, there is a need to more effectively manage the housing concerns and needs on a county wide basis.
WHEREAS, the county desires to work in partnership with the municipalities and coordinate and secure various public and private resources to address the affordable housing needs in Clay County.
WHEREAS, opportunities exist to secure resources to address the various housing needs within the county by the establishment of a county wide local housing trust fund.
BE IT THEREFORE RESOLVED that the Clay County Board of Supervisors does hereby establish and create the Clay County Local Housing Trust Fund. The Clay County Housing Trust Fund shall promote and coordinate long term planning and to pursue funding opportunities to address affordable housing needs of the county.
BE IT FURTHER RESOLVED that the Clay County Local Housing Trust Fund shall include have a broad based Board of Directors whose representation shall include those local municipalities which chose to participate. The Board shall be charged with identifying, securing and the allocation of resources of the Clay County Local Housing Trust Fund.