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ITEM ~ 8.2. <br />City <br />E <br />x~ver <br />MEMORANDUM <br />TO: Housing and Redevelopment Authority <br />FROM: Heidi Steinmetz, Assistant Director of Economic Development <br />DATE: January 3, 2005 <br />SUBJECT: HOME Rental Rehabilitation Program <br />Attachments <br />• Central MN Housing Partnership (CMHP) Newsletter, Winter 2005 <br />• HOME Rental Rehabilitation Program <br />o Flyer <br />o Selection Criteria <br />0 2005 Allocation Plan <br />Home Rental Rehabilitation Program <br />The attached HOME Rental Rehabilitation Program flyer includes details on the funding <br />that is available through CMHP as a loan with a 0% deferred interest rate for the <br />rehabilitation of existing rental properties located in several Central MN counties, including <br />Sherburne County. The deadline for this funding is February 11, 2005. As in the past, staff <br />will forward the attached Flyer, Selection Criteria, and 2005 Allocation Plan to Elk River <br />apartment property owners/managers. <br />CMHP Newsletter <br />The attached Winter 2005 CMHP newsletter includes articles on the following: <br />• Summary of October 13, 2004 Landlord Seminar <br />• Greater MN Housing Fund Growth Corridor Initiative <br />• Housing Funding Partnerships in Central MN <br />