The Local Housing Trust Fund shall be initially funded by the Carver County CDA levy. The Board may also pledge other sources of funding, which may include, but are not limited to:
(A) Private cash donations from individuals and corporations designated for the Local Housing Trust Fund.
(B) Payments in lieu of participation in current or future affordable housing programs.
(C) Grants or loans from a state, federal or local government or private sources.
(D) The sale of real and personal property.
(E) Local government appropriations, development fees, and other funds as designated from time to time by the Board.
(F) Investment earnings from the Local Housing Trust Fund.
(G) Tax Increment Finance (TIF) pooled funds.
(H) Housing and Redevelopment levy funds.
(I) Other sources of funding approved by the Board.
(Ord. 104-2023, passed 12-19-23)