5. HRSR 08-05-2013 - Laserfiche WebLink

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A. Database Staff are currently creating a centralized master database of foreclosed and vacant properties that departments will utilize. The database provides information a off°ut li'e status, condition, and activity at individual properties. City departments have already been using the database to work together in the field to properly secure and winterize properties that have been abandoned.As part of the database effort,every week staff are opening up new property cases on homes that are recorded as having gone through the Hennepin County Sherriff's sale. B. Vacant Homes Owners of a vacant home should alert the City by contacting the Utility Billing Department and should also ensure their home is properly winterized according to city guidelines. In addition,neighbors who suspect a home is vacant should contact the City. In the event an owner does not inform the city of a vacant home, staff proactively identify and follow up on suspected vacant homes. Staff are working together across departments to actively identify, secure, and track vacant homes, many of which are going through foreclosure.Homes are properly secured and, if necessary,water turned off and meters pulled. III. Foreclosure Recovery Not all foreclosures will be prevented despite the City's best efforts. To preserve the integrity of these homes and neighborhoods, some properties will require rehabilitation before being occupied again by stable home owners.The EDA has dedicated resources and established partnerships with outside organizations to leverage EDA dollars with private investment dollars to assist with the rapid rehabilitation of homes. The goal is to transition them back into owner-occupancy as quickly as possible. A. Housing Acquisition and Rehabilitation In partnership with for-profit and non-profit housing developers the EDA will facilitate the rehabilitation of homes. The EDA seek funding for the acquisition, rehabilitation and sale of houses scattered throughout Brooklyn Park and in neighborhoods identified by the EDA. The anticipated focus of this housing initiative will be in Neighborhood Action Program neighborhoods. After homes are rehabilitated, units can be resold to buyers up to 120%of area median income(AMI). B. Other Housing Partnerships Brooklyn Park is also considering working with other partners to rehabilitate foreclosed homes across the city. Potential partners may include Habitat for Humanity, land trust groups,nonprofit affordable housing developers, or other housing organizations. C. Loans to Purchase & Renovate City staff are informing people who may be interested in buying a fix-up property about ne t rport ages in amounts based on increased,post-renovation property values. Through these programs, an escrow accouni fnr- repairs, home improvements and renovations is set up and can be utilized immediately after closing.These loan programs are part of the Department of Housing and Urban Development's (HUD) 203(0) 5 February 2008