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7.0. HRSR 12-06-2004 ITEM # 7. • �, City of Elk -�-� River MEMORANDUM TO: Housing & Redevelopment Authority (- FROM: Heidi Steinmetz, Assistant Director of Economic Development . DATE: December 6, 2004 SUBJECT: Update on City Council Feedback Regarding Greater MN Housing Fund Growth Corridor Initiative Background At the November HRA meeting, the HRA discussed whether or not to submit a pre-application for the Greater MN Housing Fund Growth Corridor Initiative pilot program. The program will initially provide technical assistance to two, high-growth • communities located at the edge of the seven-county metro area. It was of HRA consensus that the City Council consider the issue. Issue The City Council considered the issue at its November 8, 2004 meeting. It was of City Council consensus that a pre-application not be submitted since staff is capable of performing the technical activities that the program assistance would entail.