Laserfiche WebLink
hof'');(1 ., <br /> 1 . 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 August 1,2016 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 /> An article about the rehabilitation loan program was included in the summer edition of The Current,the <br /> city's newsletter.The article increased interest in the program as two new applications are in process. Staff <br /> continues to work with CMHP who will be facilitating an informational meeting on August 17. <br /> Eight projects have been completed to date. Over$167,044 has been disbursed over the three-year <br /> rehabilitation program period. Monthly installment payments are being received on a consistent basis. <br /> Staff has contacted Joni from the Star News,who will be writing an article for the newspaper. She will <br /> interview homeowners who have participated in the program along with staff from Central Minnesota <br /> Housing Partnership (CMHP). <br /> The video production has been put on hold due to some issues with the video equipment. However staff <br /> is shooting to have the video completed in time to view at the August informational meeting. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> • August 2016 HRA Rehab Report <br /> rrii [ REI 1 <br /> � <br />