HRSR INFORMATION #1 01-05-2009 - Laserfiche WebLink

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ver MEMORANDUM TO: Housing & Redevelopment Authority FROM: Catherine Mehelich, Director of Economic DATE: January 5, 2009 Developme SUBJECT: INFORMATION - HRA Executive Director's Report Attachments EDA Executive Director's Report, December 8, 2008. Retail Trade Analysis Presentation Flyer In an effort to keep the HRA informed of various Economic Development Division activities that do not require action by the HRA, I will be providing an Executive Director's report periodically throughout the year. A copy of the recent report provided to the EDA is attached for your information on EDA-related activities that staff is undertaking in addition to the HRA-related activities listed below. HRA Commissioners should feel free to bring up any questions or issues for discussion under the "Other Business" section of the Agenda. Housing Rehabilitation & Energy Efficiency Resources Following a review of existing housing rehabilitation resources available to Elk River residents through various regional agencies, in 2008 the HRA directed staff to partner with the agencies to better market the programs to Elk River residents. Economic Development Assistant Annie Deckert developed a Housing Rehabilitation Programs brochure that was distributed throughout the community, on the city website, and city newsletter, in addition to coverage in the Star News. The agencies provide updates to staff on the interest and usage of the programs based on inquiries from Elk River residents. The Center fox Energy & Environment recently reported since the October mailing of fliers to 9,156 single-family homeowners in Elk River, the Centex has processed 4 applications. Two were rejected (for reasons of bad credit/high debt) and two remain in process. Foreclosure Prevention In October 2008 the HRA heard a presentation from the MN Homeownership Center regarding their mortgage counseling services available to Elk River residents. Information