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7.1. HRSR 09-06-2016
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7.1. HRSR 09-06-2016
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9/2/2016 7:53:56 AM
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City Government
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HRSR
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9/6/2016
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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 September 6,2016 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 Fortner, City Administrator <br /> Action Requested <br /> Receive information on the HRA Housing Rehabilitation Program. <br /> Background/Discussion <br /> Four new applications have been received due to the article in the Current newsletter and an informational <br /> meeting facilitated by CMHP on August 17. Of the four applications, one is currently going through the <br /> bidding process, two are being inspected for lead based paint and one is on a waiting list. <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. Staff <br /> continues to work with our city video production team who is envisioning completion later this fall. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> • September 2016 HRA Rehab Report <br /> 11 / EIE � er <br /> NATURE <br />
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