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RESIDENTIAL STRATEGIES <br />Maintain listing of vacant/foreclosed properties <br /> <br /> <br />Address housing gaps with Comprehensive Housing Market Study recommendations <br /> <br /> <br />Proactively review neighborhoods annually to ensure all home are properly maintained <br /> <br /> <br />through the code enforcement process <br />Seek and promote available programs to improve existing housing stock and incentivize <br /> <br /> <br />homeownership <br />Provide educational opportunities regarding foreclosure prevention and housing <br /> <br /> <br />assistance programs <br />ACTION STEPS <br /> <br />Continue to work with applicable departments and entities to maintain internal foreclosure <br /> <br />tracking spreadsheet <br /> <br />Distribute MN Home Ownership Center foreclosure prevention, Energy City conservation <br /> <br />brochure, and Elk River Housing Toolkit information to local lenders, realtors, churches, non- <br />profits, builders, etc. (minimum 4x/yr.) <br /> <br />Partner with staff to devise a neighborhood inspection plan to ensure all homes are properly <br /> <br />maintained through the code enforcement process <br /> <br />Utilize housing intern to research programs available to Elk River residents to improve existing <br /> <br />housing stock and incentivize homeownership <br /> <br />Partner with North Metro Realtors Association to explore the creation of in house housing <br /> <br />programs (down payment assistance, housing rehab, etc.) <br /> <br />Partner with applicable non-profits (MNHOC, Tri-CAP, etc.) to hold educational events to <br /> <br />promote foreclosure prevention and housing programs (minimum 2x/yr.) <br /> <br />Identify a partner housing organization to fund and support a selective housing removal and <br /> <br />rebuilding program <br /> <br />Host an annual Realtors’ Day to educate realtors about the programs, processes and amenities <br /> <br />offered by the city <br /> <br />4 <br />Approved EDA January 14, 2013, HRA January 7, 2013 <br />