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ITEM # 6. <br />fiver <br />MEMORANDUM <br />TO: Housing & Redevelopment Authority <br />FROM: Catherine Mehelich, Director of Economic Development <br />DATE: January 3, 201 I <br />SUBJECT: Discuss HRA Goals and Projects for 201 I <br />Attachments <br />• 2009-2012 Economic Development Strategic Plan <br />• City Vision & Goals, Adopted 2010 <br />Background <br />Overview of 2010 HRA Goals and Projects <br />• Continue foreclosure recovery initiatives including: <br />o Administer NSP program in target neighborhoods <br />o Monitor and coordinate foreclosure conditions with various departments <br />o Distribute resource information for foreclosure prevention services <br />• Continue to market resources available for housing rehabilitation and energy <br />efficiency financing assistance. <br />• Resume planning process for the comprehensive Downtown Redevelopment Plan. <br />• Explore need and partnership opportunities for a selective housing redevelopment <br />program (voluntary acquisition/removal and replacement of blighted homes). <br />• Monitor inventory of housing stock to identify gaps. Explore need and identify <br />HRA's role in life-cycle housing options e.g. homeless <br />• Provide input on comprehensive plan or zoning changes in situations where <br />properties are being proposed to convert from a current commercial residential use <br />(e.g. motels) to a private residential use. <br />2010 HRA Projects & Highlights <br />• Distributed information about various housing rehabilitation and energy efficiency <br />financing programs offered by regional agencies for the benefit of Elk River <br />residents (provided by "Homeowner's Toolkit" brochure, website updates, etc.) <br />