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Elk Elk River comprehensive Plan <br /> R1VeY <br /> d <br /> Promote Housing Maintenance and Revitalization <br /> The residential neighborhoods in the Mississippi Connections Area contain some of the oldest <br /> homes in Elk River. Housing in this area helps to provide more affordable housing options. <br /> Creating tools for maintaining and revitalizing the housing stock is an important part of the <br /> Mississippi Connections initiative. <br /> Distinct edges between single-family residential neighborhoods and commercial districts should <br /> be defined and maintained because residential and commercial uses typically have different <br /> objectives for the use of property. Commercial properties need signs to attract customers, <br /> and successful businesses create traffic and require parking. None of these conditions fit <br /> the objectives for a single-family neighborhood. Edges and buffers can allow residential and <br /> commercial uses to coexist. Without this approach, commercial uses may erode the edges of <br /> neighborhoods, and may discourage maintenance of the existing housing stock. <br /> The success of the City in preserving the Mississippi Connections Area identity will play a <br /> role in maintaining the housing stock because establishing a desirable place to live will attract <br /> homeowners and encourage investment. Property owners will then be able to capture monies <br /> used for home improvements at the time of resale. Some potential public actions related to <br /> housing in the Mississippi Connections Area could include: <br /> Incentives to encourage home ownership. <br /> Financial assistance for home improvements. <br /> Regulations to prohibit undesirable activities and land uses. <br /> Chapter 3: Using the Plan / 13 <br />