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ilk <br />River <br />Request for Action <br />To <br />Item Number <br />Housing and Redevelopment Authority <br />17.1 <br />Agenda Section <br />Meeting Date <br />Prepared by <br />Workshop <br />Aril 6, 2015 <br />Jeremy Barnhart, Deputy Director, CODD <br />Item Description <br />Reviewed by <br />Review changes to the Housing Tax Increment <br />Reviewed by <br />Financing Policy <br />In 2014, the HRA and the City Council established a Housing TIF policy, formalizing a tool to assist in <br />the development of housing projects that satisfy City goals and require assistance. The Housing TIF <br />policy is very similar to TIF policy employed for economic development, where factures such as job <br />growth and wages are a vital consideration. <br />Wanting to be more responsive to the market, the HRA directed staff to review the Housing TIF <br />program, and suggest amendments. <br />In March, the HRA reviewed the score sheet, changes identified there are reflected in the draft policy <br />attached. <br />Staff will provide verbal comments at the meeting. <br />Attachments <br />■ Housing TIF Policy and Scoresheet <br />P 0 N E R E 0 8 C <br />NATUR <br />