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City of Pequot Lakes 1 . Efforts to provide new housing affordable to displaced persons will be encouraged by the City ; 2 . Funding from FmHA and MHFA will be sought in providing affordable financing options for displaced persons. D . Definitions for the purposes of this plan are as follows : "Low to moderate income dwelling unit " is a unit with a market rent , including utility costs , that does not exceed the applicable fair market rent for existing housing and moderate rehabilitation , as established under the Section 8 existing housing program. "Vacant livable dwelling unit " is a vacant until that is in standard condition ; or in substandard condition , suitable for rehabilitation ; or in dilapidated condition and occupied less than a year from the date of the grantee agreement . "Livable dwelling unit " is a unit that is in standard condition or has been raised to a standard condition from a substandard condition , suitable for rehabilitation . "Standard livable dwelling unit " is a well built unit with adequate space for persons living there . There are no major defects in the structure and only minor maintenance is required . Such dwelling will have the following characteristics ; reliable roofs , sound wells , and foundations ; adequate and stable floors , walls and ceilings ; surfaces and woodwork that are not seriously damaged nor have paint deterioration ; sound windows and doors ; adequate heating , plumbing , and electrical systems which do not present safety hazards ; adequate insulation for local climatic conditions ; and is in compliance with local building and housing codes . "Substandard condition dwelling unit , suitable for rehabilitation" will show a lot of deferred maintenance with a permanent damage to structural items . Conditions contributing to substandard dwelling , include but are not limited to sagging , cracked , rotting or leaking roofs , walls , foundations , ceilings , floors , doors , and windows ; deteriorated surfaces and woodwork ; unreliable heating , plumbing , or electrical systems which present safety hazards or inadequate insulation . The cost of rehabilitation of the units should be determined as economically feasible . Resolution of Adoption of Residential Anti -displacement and Relocation Assistance Plan . BE IT RESOLVED, that the City of Pequot Lakes hereby adopts the Residential Anti -Displacement , Relocation Assistance and Displacement Minimization Plan for the City of Pequot Lakes . I certify that the above resolution was adopted by the City Council of Pequot Lakes , Minnesota on