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LIFOit MON <br /> • <br /> Elk <br /> River <br /> MEMORANDUM <br /> TO: Housing & Redevelopment Authority <br /> Mayor & City Council <br /> Planning Commission <br /> FROM: Catherine Mehelich, Director of Economic Developmen <br /> DATE: February 25, 2002 <br /> SUBJECT: Related Articles on Housing Issues <br /> Attachments <br /> • "Housing agency seeks breaks for affordability", Star Tribune article <br /> • • "Affordable housing report faulted",Pioneer Press article <br /> • "Cities ready for debate over inclusionary housing",League of MN Cities, 2-13-02 <br /> • "Housing Rehab set for North Lake St.",West Sherburne Tribune article, 8-4-01 <br /> • Small Cities Development Program, Fact Sheet <br /> As the HRA, City Council and Planning Commission continue to consider the City's role in <br /> addressing the housing needs identified in the recent Elk River Housing Study completed by <br /> the Central MN Housing Partnership, staff will continue to provide information on related <br /> housing issues. <br /> The first three attached articles are regarding the MN Housing Finance Agency's (MHFA) <br /> recent legislative report on affordable housing. MHFA's recommendations to be considered <br /> for legislation largely include changes in city ordinances and development regulations. Staff <br /> will continue to monitor this affordable housing legislation and keep the HRA, Planning <br /> Commission and City Council informed. <br /> Another attached article features a project that the Big Lake Economic Development <br /> Authority completed this last summer. The City identified a redevelopment area, acquired <br /> and demolished several substandard single-family homes, and eventually sold the property to <br /> a developer for the construction of"upscale" townhomes. While this project does not <br /> necessarily address an"affordable" housing issue,it does provide an example of target <br /> • redevelopment for housing. An affordable housing alternative could be completed by <br />