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HRSR INFORMATION 04-05-2004
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HRSR INFORMATION 04-05-2004
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City Government
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HRSR
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4/5/2004
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• <br /> City of <br /> Elk <br /> River <br /> MEMORANDUM <br /> TO: Housing & Redevelopment Authority <br /> FROM: Heidi Steinmetz, Assistant Director of Economic Development <br /> DATE: April 5, 2004 <br /> SUBJECT: Greater MN Housing Fund Employer Assisted Housing <br /> Program <br /> Attachment <br /> • Greater MN Housing Fund Employer Assisted Housing Resource Guide <br /> Background <br /> • Staff attended the Economic Development Association of MN Winter Conference in <br /> January and heard a presentation from the Greater MN Housing Fund highlighting the <br /> successes of the Fund's Employer Assisted.Housing Program (see enclosed Resource Guide <br /> for success stories). <br /> Issue <br /> Employer assisted housing is any housing program, rental or homeownership, that an <br /> employer finances or assists in some way. The Greater MN Housing Fund provides <br /> technical and financial assistance to employers wishing to participate in the program. <br /> Employers in the following communities have participated in the program: <br /> • Rochester • Austin <br /> • Duluth • Winnebago <br /> • Aitkin • Marshall <br /> • Grand Portage • Hoffman <br /> • Pelican Rapids • Tofte <br /> The program is an option that Elk River employers might use to address the housing needs <br /> of their employees. <br />
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