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Performance Measures & Goals for 2023 <br />   <br />Division:Housing and Redevelopment   <br />Completed by:Brent O'Neil <br />Date:September 1, 2022  <br />   <br />   <br />Performance Measure2020 Actual2021 Actual2022 Estimated2022 YTD2023 Projected <br />Number of HRA Rehab Loan <br />applications approved20605 <br />Rehab Loan Funds Outstanding <br />(year-end)$220,000 200,000$200,000 $70,000 $210,000 <br />Permits Issued for Residential <br />Reinvestment Projects (by value)$7,750,000 $8,000,000 $8,000,000 $4,750,000 $8,000,000 <br />Number of Multi-family Units <br />Added (completed)8701600150 <br />Downtown Funding (new baskets <br />program)$25,000 $20,000 $25,000 <br />     <br />Division GoalGoal Objective/Task <br />Promote investment in residential properites within Elk River and target individuals interested <br />Promote Preservation of Housing Stockin the blighted properties program and the HRA Rehab Loan Program. Work with Sherburne <br />County to identify tax forfeited properties. Protect and strengthen rental properties. <br />Solicit interest from developers and/or business owners to develop the Main and Gates site. <br />Redevelopment of Main and Gates SiteWork to identify a project that meets community goals and expectations for the property, <br />while obtaining the best value in selling the property. <br />Work with the Downtown Elk River Business Association to develop programs and targeting <br />investment and overall advancement of the downtown area. Continue to promote the <br />Promote a Vital Downtownpermanent fixture policy on behalf of the HRA to install and maintain permanent public <br />fixtures downtown. Promote the Downtown Facade Improvement microloan program. <br />Pursue strategic acquisition and sale of downtown redevelopment property. <br />Target business owners interested in redevelopment blighted C/I properties. Work with the <br />building department to identify properties eligible for the blighted properties C/I program. <br />Enhance redevelopment opportunities for C/I properties <br />Hold quarterly worksessions with various departments (police, building, and planning) to <br />discuss potential redevelopment opportunities. <br />With the adoption of the new comprehensive plan in Fall 2021, work to achieve the goals <br />Implement housing and development goals in the new <br />and benchmarks set out in the plan, specifically those in the housing and economic <br />comprehensive plan and recent housing study. <br />development sections. Continue to puruse goals in the City's 2019 housing study. <br />