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tti Request for Action <br /> River <br /> To Item Number <br /> Housing and Redevelopment Authority 8.1 <br /> Agenda Section Meeting Date Prepared by <br /> Work Session October 3,2016 Colleen Eddy,Economic Development Specialist <br /> Item Description Reviewed by <br /> HRA Housing Rehabilitation Loan Program Amanda Othoudt,EDD <br /> Discussion Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Receive information on the HRA Housing Rehabilitation Loan Program and discuss future options. <br /> Background/Discussion <br /> At their August 1S`work session,the HRA discussed the possibility of expanding the existing <br /> Rehabilitation Loan Program targeted area. <br /> Options that were discussed: <br /> • Expanding the targeted area to include additional older neighborhoods <br /> • Simply defining a minimum age of the home <br /> • Homes within the city limits there are at least 35 years old <br /> • Case by case basis by justifying the need <br /> Also at the last work session,the HRA showed a particular interest in the City of Coon Rapids'housing <br /> programs. In order to answer several questions from the HRA on the Coon Rapids programs, staff felt it <br /> beneficial to bring in the coordinator for the Coon Rapids housing programs. Kristin DeGrande from <br /> Coon Rapids will be in attendance to explain their program(s) and will answer any questions from the <br /> HRA. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> • HRA Rehabilitation Loan Program Policy and Application <br /> frrEIEI it <br /> R� <br />