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��i <br /> Eof <br /> lk — - 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 BusinessJune 4, 2018 Colleen Eddy, Economic Development Specialist <br /> Item Description Reviewed by <br /> HRA Rehabilitation Program Update Amanda Othoudt,EDD <br /> Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Receive information on the HRA Housing Rehabilitation Loan Program. <br /> Background/Discussion <br /> Fifteen projects have been completed to date. Over$311,579 was disbursed over the four-year <br /> rehabilitation program period. Installment payments are received per the agreements. <br /> A new application was received via the April Informational Meeting. The scope of work potentially <br /> includes window replacements, electrical repairs, a deck and a privacy fence. <br /> CMHP has reached out to all of the homeowners who attended the April Informational Meeting and is <br /> expecting to receive a couple more applications. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> ■ HRA Loan Program Report <br /> ■ June HRA Financial and Project Update <br /> The Elk River Vision <br /> A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r <br /> service, and community engagement that encourages and inspires prosperity ,g /` UR <br />