3. HRSR SPEC JNT 11-04-2013 - Laserfiche WebLink

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Elk ............ Request for Action River To Item Number City Council/Housing and Redevelopment Authority 3.0 Agenda Section Meeting Date Prepared by General Business November 4, 2013 Brian Beeman,Director of Economic Development Item Description Reviewed by Discuss housing survey and develop housing TIF Jeremy Barnhart, Deputy Director, CODD scoring worksheet. Reviewed by Cal Portner, City Administrator Action Requested 1. Review the results from the housing policy survey. 2. onsider draft housing objectives scoring framework_ Background/Discussion On October 21, 2013 the City Council discussed the proposed Blackhawk housing TIF project. Prior to establishing a public hearing, the Council determined that a separate housing TIF scoring sheet should be de4eloped in order to adequately and fairly evaluate housing TIF applications. The Council directed staff to work with Springsted to prepare a draft policy on housing TIF districts, and the associated evaluation materials for this and future projects. Necessary for the preparation of a policy is a greater understanding of the Council and HRA's desires related to housing assistance,which staff hopes to achieve with the survey distributed October 31, 2013 and the following discussion. Springsted will be available to present the findings of the Council/HRA policy survey to the group and will also present examples from other cities. It is not expected that the Council and the HRA will complete the formation of a Housing TIF policy, additional steps including confirmation of objectives, criteria, and scoring process will be discussed at a future workshop. Financial Impact None Attachments • Springsted Policy Discussion&Facilitation Memo • Elk River Policy Pre-Session Questions • Housing TIF Review Worksheet • 2006 TIF Policy&Application INATUREI E H E I 1 1