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ITEhII # 7. <br />ver <br />MEMORANDUM <br />TO: Housing & Redevelopment Authority <br />FROM: Catherine Mehelich, Director of Economic Development <br />DATE: June 1, 2009 <br />SUBJECT: Shepherd's Ridge Development Concept - <br />Presentation by Brenda Hoffman, Rum River Health Services <br />Attachment <br />• History of Rum River Health Services, Inc. <br />Background <br />Rum River Health Services, Inc. is working on a development concept to construct and <br />operate 22-units of townhomes for permanent supportive housing. The proposed location <br />for the development is the southwest corner of School Street & Jackson Avenue in Elk <br />River. <br />Rum River Health Services has partnered with Greater MN Housing Fund along with <br />financing assistance from MN Housing Finance Agency to develop the project. <br />Rum River Health Services Chief Executive Officer, Brenda Hoffman has been invited to <br />the HRA meeting to make a presentation of the development concept. <br />