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Housing and Redevelopment Minutes Page 2 <br /> September 6,2016 <br /> No one appeared for Open Forum. <br /> 6.I Public Hearings - None <br /> 7.I HRA Rehabilitation Program Update <br /> Ms. Eddy presented the staff report. She noted that they have received four new <br /> applications and eight projects have been completed. Ms. Eddy stated that an article on the <br /> program is in the works for the Star News. <br /> Discussion followed regarding the lead assessment process. Some discussion was also given <br /> to available funds. The Commission was in agreement that they may need to look at <br /> allocating additional funds to meet interest in the program. Ms. Eddy noted that the <br /> informational video and the article coming in the Star News may generate even more <br /> interest. <br /> Commissioner Eder asked if the new applicants are looking at interior or exterior <br /> improvements. Ms. Eddy stated that it is a mix of both. Commissioner Eder stated that <br /> improvements to kitchens and bathrooms substantially increases the value of a home. She <br /> felt there may be an increase in refinancing,with payoff of the HRA rehab loan. <br /> Ms. Eddy stated there may be a workshop after next month's (October 3) regular meeting, <br /> looking at the targeted area and possible expansion of the area. Ms. Othoudt noted that they <br /> will also look at the Coon Rapids program, and the possibility of including the age of the <br /> home. She noted they will tally the amount of payments received and the total amount lent. <br /> 8. Announcements <br /> There were no announcements. <br /> 9. Adjournment <br /> Chair Toth adjourned the meeting at this time. <br /> The meeting adjourned at 5:55 p.m. <br /> Minutes prepared by Debbie Huebner. <br /> / F <br /> Tina Allard,City Clerk <br /> .. <br /> Larry To <br /> Housing&Redevelopment Authority <br />