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hi Request for Action <br /> River <br /> To Item Number <br /> Housing and Redevelopment Authority 7.1 <br /> Agenda Section Meeting Date Prepared by <br /> General Business April 4,2016 Colleen Eddy,Economic Development Specialist <br /> Item Description Reviewed by <br /> HRA Housing Rehabilitation Loan Program Update Amanda Othoudt, EDD <br /> Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Receive information on the Housing Rehabilitation Program. <br /> Background/Discussion <br /> Seven projects have been completed to date and one more is currently being recorded. Over$167,044 <br /> has been disbursed over the three-year rehabilitation program period. Monthly installment payments are <br /> being received on a consistent basis. <br /> Upcoming marketing initiatives include an informational meeting on April 21' from 6 -7 p.m. and a video <br /> production is in the works. Staff distributed promotional materials at the annual Chamber Expo on <br /> Sunday April 3. <br /> Current available funds should be enough to complete 3-5 new projects. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> • March 2016 HRA Rehab Report <br /> 11 / EREI 11 <br /> NATURE <br />