Housing and Redevelopment Authority Packet - September 2, 2025
Housing and Redevelopment
Authority
Special Meeting
Agenda
Tuesday, September 2, 2025
6:00 PM
Elk River City Hall
▪ Special meeting in Council Chambers
1. CALL MEETING TO ORDER
2. PLEDGE OF ALLEGIANCE
3. CONSIDER AGENDA
4. CONSENT AGENDA
Considered to be routine and noncontroversial and will be approved by one motion. There will be no separate discussion of
these items unless there is a request to remove the item from the consent agenda to the regular agenda.
4.1 DRAFT Minutes - August 4, 2025
4.2 Check Register
4.3 Balance Sheet
4.4 Revenue/Expenditure Reports
5. OPEN FORUM
An opportunity to provide comments and feedback regarding items not on the agenda. Information provided in Open Forum
will not be discussed at this meeting; rather, the information will be referred to staff and/or scheduled for discussion at a
future meeting.
6. GENERAL BUSINESS
Items in which the information is presented by city staff or consultants, then deliberation and action occur. General Business
items are not opportunities to receive or provide public input. However, the presiding officer may, at its sole discretion,
solicit public feedback.
6.1 Presentation - Garden Gem Awards
6.2 Housing Rehabilitation Loan Program Update
6.3 SAHA Allocation Discussion - Main Street Family Services
6.4 2026 Budget Approval and Levy Recommendation
7. MOTION TO ADJOURN
Page 1 of 65
Meeting of the Housing and
Redevelopment Authority
Held at the Elk River City Hall
Monday, August 4, 2025
Members Present: Commissioner Dennis Chuba, Commissioner Nate Ovall, Commissioner Lynn
Caswell, Commissioner Mel Beaudry, Mayor John Dietz
Members Absent: None.
Staff Present: Economic Development Director Brent O'Neil, Economic Development Specialist
Joshua Mollan, and Recording Secretary Katie Porath
1. CALL MEETING TO ORDER
Pursuant to due call and notice thereof, the meeting was called to order at 5:30 p.m.
2. PLEDGE OF ALLEGIANCE
The Pledge of Allegiance was recited.
3. CONSIDER AGENDA
Mr. O'Neil asked to make announcements prior to Item 6.1.
Moved by Commissioner Dietz and seconded by Commissioner Caswell to approve the
agenda, as amended. Motion carried 5-0.
4. CONSENT AGENDA
Moved by Commissioner Beaudry and seconded by Commissioner Caswell to approve the
following consent items as outlined in their respective staff reports. Motion carried 5-0.
4.1 Draft HRA Minutes - July 7, 2025
4.2 Check Register
4.3 Balance Sheet
4.4 Revenue/Expenditure Reports
5. OPEN FORUM
Page 2 of 65
Housing and Redevelopment Authority Minutes
August 4, 2025
---------
Page 2 of 4
No one appeared for open forum.
6. GENERAL BUSINESS
Mr. Mollan stated that there were 12 nominations for the Garden Gem Awards. Judging will take place
in August and the award will be presented in September.
Mr. O'Neil thanked outgoing HRA Recording Secretary Jennifer Green for her work with the HRA and
staff.
6.1 Satisfaction of Mortgage - Stimpson
Mr. Mollan presented the staff report.
Commissioner Ovall asked if staff could satisfy mortgages and the Commission could ratify them on the
consent agenda in the future to save time. He asked staff to look at the HRA policy if this was allowed.
The Commissioners felt this was a reasonable suggestion.
Moved by Commissioner Ovall and seconded by Commissioner Caswell to approve the
Satisfaction of Mortgage for Marlin and Victoria Stimpson. Motion carried 5-0.
6.2 Housing Rehabilitation Loan Program Update
Mr. Mollan reviewed that the Center for Energy and Environment closed on a new loan for an air
conditioner project. There are four new applications in process.
6.3 Presentation from Main Street Family Services and Sherburne County Health and Human Services
Jodi Heurung-Dick, Sherburne County Health and Human Services, and Julie Schultz, Main
Street Family Services Executive Director, gave a presentation.
Main Street Family Services is located at 400 Jackson Ave and employs 17-18 staff. Further
consideration by the Commission will be on the September HRA agenda.
7. MOTION TO ADJOURN REGULAR MEETING
Moved by Commissioner Caswell and seconded by Commissioner Ovall to adjourn the
meeting. Motion carried 5-0.
The regular meeting adjourned at 6:09 p.m. Chair Chuba called the work session to order at 6:10 p.m.
8. WORK SESSION
8.1 2026 Budget Workshop
Mr. O'Neil presented the staff report. He outlined adding $50,000 for contract work and demolition to
support land development, with the rest of the budget remaining mostly flat. The increase would be
covered by interest from invested funds. The levy would remain relatively flat compared to 2025.
Page 3 of 65
Housing and Redevelopment Authority Minutes
August 4, 2025
---------
Page 3 of 4
Mr. O'Neil stated the budget will return at the next HRA meeting for formal approval.
Commissioner Ovall asked what was included in the 'contractual services' category. Mr. O'Neil
responded that line item included the downtown planters.
Mr. O'Neil also stated that the budgeted item for land has been moved from 'miscellaneous' to the
'land' column.
Commissioner Beaudry asked about budgeting for HRA commissioner pay. Mr. O'Neil stated the pay
was included in the proposed budget as part-time wages.
Commissioner Ovall asked what amount of money should be kept in cash reserve. Mr. O'Neil stated
that the HRA had $2 million in their funds when they acquired the Main St and Gates Ave properties,
his soft goal is to return to that amount. The EDA is also analyzing their amount of cash reserve.
Commissioner Ovall stated the Commission had the ability to borrow or levy if funds were low.
Commissioner Caswell felt the HRA should budget the additional $50,000 proposed to allow for
potential acquisition.
9. MOTION TO ADJOURN
Moved by Commissioner Caswell and seconded by Commissioner Dietz to adjourn the
meeting. Motion carried 5-0.
10. CLOSED MEETING - PID 75-00131-1460
10.1 Statement to be read by the Chair:
"The Housing and Redevelopment Authority will be holding a closed meeting per MN Statute
13D.05, subd. 3(c)(5) to develop or consider offers relating to the possible purchase of real
property at:
13690 186th Ave NW - PID 75-00131-1460
Commissioners Present: Chair Denny Chuba, Commissioners Nate Ovall, Mel Beaudry,
Lynn Caswell, and John Dietz
Staff Present: Economic Development Director Brent O'Neil, Economic Development
Specialist Josh Mollan, Community Development Director Zack Carlton, and Recording
Secretary Katie Porath
Chair Chuba read the following statement:
10.2 Motion Calling Closed Meeting
10.3 Hold Closed Meeting
Page 4 of 65
Housing and Redevelopment Authority Minutes
August 4, 2025
---------
Page 4 of 4
10.4 Motion to Adjourn Closed Meeting
Moved by Commissioner Ovall and seconded by Commissioner Caswell to adjourn the
closed meeting. Motion carried 5-0.
The meeting adjourned at 6:44 p.m.
Minutes prepared by Katie Porath.
_________________
Denny Chuba, Chair
___________________
Tina Allard, City Clerk
Page 5 of 65
Page 6 of 65
Page 7 of 65
CITY OF ELK RIVER
Balance Sheet
August 30, 2025
Fund 910 - HRA
Assets
910-1000 Cash - HRA 1,569,504.40
910-1190 Loans Receivable 185,184.88
910-1193 Forgivable Loan 75,000.00
910-1194 Allow for Forgivable Loan (75,000.00)
910-1195 Note Receivable 400,000.00
910-1310 Due From Other Funds 148,310.75
Total Assets 2,303,000.03
Fund Equity
910-2400 Fund Balance 2,176,896.63
Revenues over Expenditures - YTD 126,103.40
Total Fund Equity 2,303,000.03
Total Liabilities & Equity 2,303,000.03
Page 8 of 65
CITY OF ELK RIVER
Revenues with Comparison to Budget
For the Month Ending August 30, 2025
Fund 910 - HRA
Period Actual YTD Actual Budget Unearned PCNT
910-3-0000-3111 Property Taxes - 227,484.65 439,950.00 (212,465.35) 52%
910-3-0000-3621 Interest Income - 26,585.05 5,000.00 21,585.05 532%
Total Fund Revenue - 254,069.70 444,950.00 (190,880.30) 57%
Page 9 of 65
CITY OF ELK RIVER
Expenditures with Comparison to Budget
For the Month Ending August 30, 2025
Fund 910 - HRA
Period Actual YTD Actual Budget Unearned PCNT
910-4-6100-4101 Regular Pay - 39,251.16 87,200.00 (47,948.84) 45%
910-4-6100-4103 Part-time Pay - 750.00 - 750.00 0%
910-4-6100-4104 PERA - 2,947.29 6,550.00 (3,602.71) 45%
910-4-6100-4105 FICA - 2,452.30 5,400.00 (2,947.70) 45%
910-4-6100-4107 Medicare - 575.68 1,250.00 (674.32) 46%
910-4-6100-4108 Insurance - 6,501.60 17,000.00 (10,498.40) 38%
910-4-6100-4109 Workers Comp - 174.00 450.00 (276.00) 39%
910-4-6100-4201 Office Supplies - - 50.00 (50.00) 0%
910-4-6100-4219 Operating Supplies - - 500.00 (500.00) 0%
910-4-6100-4304 Legal Fees - 907.50 6,500.00 (5,592.50) 14%
910-4-6100-4319 Professional Services - - 27,000.00 (27,000.00) 0%
910-4-6100-4322 Postage - - 50.00 (50.00) 0%
910-4-6100-4331 Travel, Conferences & Schools - 30.35 200.00 (169.65) 15%
910-4-6100-4349 Advertising/Marketing - 6,412.00 9,500.00 (3,088.00) 67%
910-4-6100-4359 Publishing - 86.00 300.00 (214.00) 29%
910-4-6100-4401 Bldg Repair/Maint Services - - 4,000.00 (4,000.00) 0%
910-4-6100-4404 Software Services - 5,211.00 6,500.00 (1,289.00) 80%
910-4-6100-4409 Contractual Services - 19,667.42 27,000.00 (7,332.58) 73%
910-4-6100-4433 Dues & Subscriptions - - 2,500.00 (2,500.00) 0%
910-4-6100-4440 Miscellaneous - - 200,000.00 (200,000.00) 0%
910-4-6100-4721 Transfer-General Fund - 39,000.00 39,000.00 - 100%
910-4-6100-4735 Transfer-EDA - 4,000.00 4,000.00 - 100%
Total Fund Expenditures - 127,966.30 444,950.00 (316,983.70) 29%
Net Revenue Over Expenditures - 126,103.40 - 126,103.40 0%
Page 10 of 65
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.1
Meeting Date
September 2, 2025
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
Presentation - Garden Gem Awards
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
Recognize the 2025 Garden Gem Award winners, Tracey Sando, Sarah Quesenberry, and Handke Center,
with a photo and presentation of the award by Chair Chuba.
Background/Discussion
During the inaugural Garden Gem Awards, the Beautification and Public Art Committee received 12
nominations for 10 properties.
In August, the volunteer judging panel visited and scored participating properties and recommended the
following highest scorers to win their respective categories: Tracey Sando (single family/before 2000), Sarah
Quesenberry (single family/2000 or later), and Handke Center (neighborhood).
In the following weeks, the winners will be presented with a personalized garden stone and a winner's sign to
be temporarily displayed at the property.
Financial Impact
Program expenses are under $500.
Mission/Policy/Goal
The Garden Gem Awards aim to recognize exceptional gardens and landscaping in Elk River thereby
supporting the beauty of the neighborhood and the community as a whole.
Attachments
1. Garden Gem Award Winners Presentation
Page 11 of 65
Start the Garden Tour
Page 12 of 65
Page 13 of 65
Page 14 of 65
Page 15 of 65
Page 16 of 65
Page 17 of 65
Page 18 of 65
Page 19 of 65
Page 20 of 65
Page 21 of 65
Page 22 of 65
Page 23 of 65
Page 24 of 65
Page 25 of 65
Page 26 of 65
Page 27 of 65
Page 28 of 65
Page 29 of 65
Page 30 of 65
Page 31 of 65
Page 32 of 65
Page 33 of 65
Page 34 of 65
Page 35 of 65
Page 36 of 65
Page 37 of 65
Page 38 of 65
Page 39 of 65
Page 40 of 65
Page 41 of 65
Page 42 of 65
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.2
Meeting Date
September 2, 2025
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
Housing Rehabilitation Loan Program Update
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
Receive updates on the Housing Rehabilitation Loan Program.
Background/Discussion
CEE reports that all accounts are current, and the HRA's portfolio is performing as expected with no
delinquencies or late payments.
There have been no new loans issued this period. $141,849 remains available for new loan disbursements in
2025.
Financial Impact
N/A
Mission/Policy/Goal
Improve housing stock by offering incentives or programs to repair or maintain residential properties.
Attachments
1. CEE Monthly Loan Servicing Report
2. CEE Monthly Loan Activity Summary
Page 43 of 65
Page 44 of 65
Page 45 of 65
Page 46 of 65
Page 47 of 65
Page 48 of 65
Page 49 of 65
Page 50 of 65
Page 51 of 65
Page 52 of 65
Page 53 of 65
Page 54 of 65
Page 55 of 65
Page 56 of 65
CEE Monthly Loan Activity Summary
9/2/25
Page 57 of 65
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.3
Meeting Date
September 2, 2025
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
SAHA Allocation Discussion - Main Street Family
Services
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
Discuss and make a recommendation to the City Council for disbursing Statewide Affordable Housing Aid
(SAHA) funds to Main Street Family Services (MSFS).
Background/Discussion
Representatives from Sherburne County Health and Human Services and MSFS presented to the HRA in
August on a recommended partnership to distribute a portion of Elk River's SAHA funds. Recommended
distribution guidelines have been provided by MSFS which would will be worked into the final agreement. Staff
will also be able to share their desired agreement considerations.
Key considerations:
• Follow the eligibility criteria set by the Minnesota Department of Revenue and Department of
Housing.
• $50,000 from the agreement date to December 31, 2026.
• Limited to Elk River residents.
• No payments will be directly given to recipients.
• Payments not to exceed $3,000 annually per recipient.
• MSFS to report to the city quarterly.
Financial Impact
N/A
Mission/Policy/Goal
Provide and support suitable housing for the community.
Attachments
1. MSFS SAHA Guidelines Draft
Page 58 of 65
This is a DRAFT and is subject to change
Main Street Family Services Family Resource Center Guide to SAHA Funds
The Main Street Family Resource Center, managing Statewide Affordable Housing Aid (SAHA)
funds for the City of Elk River, aligns its recipient guidelines with both the grant expectations and
its mission to support family stability and well-being.
General Guidelines for SAHA Fund Recipients
Eligibility Criteria
Must be a resident of Elk River.
Must demonstrate financial need or housing instability.
Priority may be given to families with children, seniors, or individuals with disabilities.
Funds are not available for crises resulting from fraud or misrepresentation on the part of
the individual/family.
The emergency must not have been caused by money mismanagement.
Money mismanagement is defined as:
Repeated inability to plan the use of income to meet necessary expenditures.
Repeated failure to meet obligations for rent, utilities, food, and other
essentials.
Repeated eviction notices and/or utility disconnects.
Repeated use of Emergency Assistance funds.
Utilizing money on unnecessary purchases that may have led to or caused an
emergency.
Funds will be approved for the most cost-effective solution.
Payment in combination with other resources must be able to resolve the emergency, not
just postpone it.
Eligible households must first apply through the Sherburne County Emergency Assistance
(EA/EGA) programs when applying for emergency assistance for housing or utilities.
Within the time necessary to resolve the crisis, the household must be unable to resolve its
emergency by combining the following sources of all household members:
Liquid assets & any other assets can quickly liquidate (not including vehicles); and
Income they anticipate receiving.
Tax refunds; and
Other funds for which they are eligible.
Any of the guidelines listed above may be waived only with supervisory approval.
Page 59 of 65
This is a DRAFT and is subject to change
Use of Funds
SAHA for the City of Elk River can be utilized for emergency rental assistance that will
prevent an eviction and secure housing for anyone who is homeless in the following
categories for adults with and without children and have a household earning of less than
80% of the area median income as defined by HUD Sherburne County Median Income.
Funds must be used for housing-related expenses, such as:
Lease, rent or mortgage assistance
Utility payments and disconnects, including telephone and internet services.
Emergency shelter support to help with transitions and housing
Security deposits or application fees
Documentation Requirements
Proof of income or financial hardship
Proof of residency
Proof of need i.e. lease agreements or utility bills
Identification
Compliance and Reporting
Payments cannot exceed $3,000 per year without the manager’s approval.
Misuse of funds may result in disqualification from future assistance.
No payment will be directly given to recipients.
W-9 is required for recipients of SAHA dollars.
Request for Taxpayer Identification Number and Certification Form W-9
W9 Form & W9 Letter is required for IRS purposes on any new
individuals/vendors who will be receiving payment from MSFS. Staff requesting
Direct Assistance Funding where a landlord or property management company will
receive direct payment need to determine if this form is needed. You can check with
accounting staff to see if this form is on file for an individual/vendor by emailing.
If possible, this form should be completed prior to payment being issued and
attached to the Claim for Payment form when submitted to accounting for
processing.
Page 60 of 65
This is a DRAFT and is subject to change
Support Services Offered
Navigation assistance for housing and social services
Parenting support and education
Referrals to mental health, employment, and childcare resources
Advocacy and crisis intervention
Connections to community resources
Values and Expectations
Recipients are expected to engage respectfully with staff and services.
Participation in programs that promote self-sufficiency and family resilience is encouraged.
These guidelines reflect the Main Street Family Services Family Resource Center’s broader mission
to create a stronger, healthier, and connected community where every family can flourish.
Page 61 of 65
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.4
Meeting Date
September 2, 2025
Prepared By
Brent O'Neil, Economic Development Director
Item Description
2026 Budget Approval and Levy Recommendation
Reviewed by
Lori Stich
Action Requested
Approve, by motion, Resolution 25-03 adopting the 2026 HRA budget and recommending $469,450 be
included in the Preliminary Levy.
Background/Discussion
Following feedback from the board at its August workshop, no changes have been made to the general
expense side of the budget since that meeting with two exceptions: Paid Family Medical Leave and the annual
transfer to the EDA have been added to the budget at a total of $5,000. This brings the total expense budget
to $509,450. Compared to the 2025 budget of $444,950, the majority of the increase is through the addition
of $50,000 in the Capital Outlay (land/project) tier.
Based on strong interest income year-to-date, the interest income projection for 2026 has been increased to
$40,000. This compares to $25,000 proposed at the budget workshop and to the 2025 budgeted income of
$5,000. This increase helps minimize the impacts to the levy, with $469,450 being the proposed 2026 levy
amount, an increase of $29,500 over last year.
Upon approval, the budget will be adopted and the levy request will be sent to the city council for inclusion in
the Preliminary Levy in September.
Financial Impact
The 2026 budget is $509,450, with a proposed levy of $469,450
Mission/Policy/Goal
The HRA adopts its annual budget in September each year.
Attachments
1. Resolution 2026 Budget Levy
2. 2026 Revenues and Expenditures
3. Measures and Goals Worksheet
Page 62 of 65
Resolution 25-__
A Resolution of the City of Elk River Housing and Redevelopment Authority
Establishing the Budget and Tax Levy for the Elk River Housing and
Redevelopment Authority for the City of Elk River, Minnesota
WHEREAS, Minnesota Statutes, Section 469.033, Subdivision 6, authorizes the Housing
and Redevelopment Authority to levy an amount not to exceed .0185 percent of the
estimated market value within the city to be used for housing and redevelopment purposes;
and,
WHEREAS, the Elk River Housing and Redevelopment Authority anticipates
expenditures in 2026 for various housing and redevelopment activities.
NOW, THEREFORE, BE IT RESOLVED: That the Elk River Housing and
Redevelopment Authority adopts an expense budget of $509,450 for 2026, and requests the
City Council for the City of Elk River to levy a tax in the amount of $469,450 for the benefit
of the Authority to be used as provided by Minnesota Statutes.
Passed and adopted this 2nd day of September, 2025.
Denny Chuba, Chair
ATTEST:
Brent O’Neil, HRA Executive Director
Page 63 of 65
HRA 2022 2023 2024 6/30/2025 2025 2026 Increase/%
ACTUAL ACTUAL ACTUAL YTD BUDGET PRELIMINARY (Decrease)Change
Property Taxes 328,889 398,899 438,820 0 439,950 469,450 29,500 6.7%
MV Credit 192 236 215 0 0 0 0 0.0%
Interest Income 4,178 7,651 13,581 22,028 5,000 40,000 35,000 700.0%
Miscellaneous Revenue 0 0 5,945 0 0 0 0 0.0%
TOTAL HRA REVENUES 333,258 406,786 458,561 22,028 444,950 509,450 64,500 14.5%
EXPENDITURES:
Personal Services
Regular Pay 62,199 77,319 83,235 32,598 87,200 92,000 4,800 5.5%
Part-time Pay 0 0 0 375 0 4,500 4,500 0.0%
PERA 4,665 5,799 6,243 2,448 6,550 6,950 400 6.1%
FICA 3,856 4,785 5,153 2,040 5,400 6,000 600 11.1%
Medicare 902 1,119 1,205 478 1,250 1,400 150 12.0%
Insurance 11,802 16,070 19,138 5,538 17,000 20,750 3,750 22.1%
Workers Comp 344 314 427 174 450 450 0 0.0%
PFML 0 0 0 0 0 500 500 0.0%
Total Personal Services 83,767 105,406 115,399 43,652 117,850 132,550 14,700 12.5%
Supplies
Office Supplies 75 27 0 0 50 100 50 100.0%
Operating Supplies 864 1,092 46 0 500 0 (500)-100.0%
Total Supplies 939 1,119 46 0 550 100 (450)-81.8%
Services & Charges
Legal Fees 4,266 975 4,251 0 6,500 3,000 (3,500)-53.8%
Professional Services 850 0 800 0 27,000 30,000 3,000 11.1%
Postage 2 1 11 0 50 0 (50)-100.0%
Travel, Conferences & Schools 35 52 0 30 200 1,000 800 400.0%
Advertising/Marketing 8,049 9,110 7,526 6,412 9,500 9,750 250 2.6%
Publishing 80 189 77 86 300 500 200 66.7%
Utilities 63 177 0 0 0 0 0 0.0%
Bldg Repair/Maint Services 2,370 5,535 2,000 0 4,000 500 (3,500)-87.5%
Software Services 0 7,482 4,713 0 6,500 7,500 1,000 15.4%
Contractual Services 25,661 91,686 30,035 16,600 27,000 27,000 0 0.0%
Dues & Subscriptions 7,125 2,464 0 0 2,500 2,500 0 0.0%
Miscellaneous 0 0 0 0 200,000 0 (200,000)-100.0%
Total Services & Charges 48,500 117,670 49,413 23,129 283,550 81,750 (201,800)-71.2%
Capital Outlay
Land 185,426 0 0 0 0 200,000 200,000 0.0%
Improvement Project Contract 0 0 0 0 0 50,000 50,000 0.0%
Total Capital Outlay 185,426 0 0 0 0 250,000 250,000 0.0%
Transfers Out
Transfer-General Fund 35,000 36,500 37,500 0 39,000 40,550 1,550 4.0%
Transfer-EDA 3,500 4,000 4,000 0 4,000 4,500 500 12.5%
Total Transfers Out 38,500 40,500 41,500 0 43,000 45,050 2,050 4.8%
TOTAL HRA EXPENDITURES 357,132 264,695 206,358 66,780 444,950 509,450 64,500 14.5%
TOTAL REVENUES OVER/(UNDER) EXPENDITURES (23,874)142,091 252,203 (44,753)0 0
Page 64 of 65
Performance Measures & Goals for 2026
Division:Housing and Redevelopment
Completed by:Brent O'Neil, Josh Mollan
Date:July 1, 2025
Performance Measure 2022 Actual 2023 Actual 2024 Actual 2025 Estimated 2025 YTD 2026 Projected
Number of HRA Rehab Loan
applications approved 0 4 2 2 0 5
Rehab Loan Funds Outstanding
(year-end)$52,500 $162,000 $195,000 $225,000 $187,000 $250,000
Residential Property Re-
investment (by permit value)$17,800,000 $19,700,000 $8,500,000 $9,000,000 $5,200,000 $10,000,000
Number of Multi-family Units
Added (completions)0 90 142 0 0 55
Division Goal Goal Objective/Task
Promote preservation of housing stock
Promote investment in residential properties within Elk River and target individuals interested in the blighted
properties program and the HRA Rehab Loan Program. Identify dilapidated properties and work with city code
enforcement. Protect and strengthen rental properties.
Promote a vital downtown
Participate in the Downtown Elk River Business Association (DERBA) meetings. Work with DERBA to develop a
beautification plan for the Main Street Corridor and/or engagement of redesign for Main Street. Promote and/or
modify the Downtown Facade Improvement microloan program. Pursue strategic acquisition and sale of downtown
redevelopment property. Facilitate future use options for public property/King Ave. lot.
Enhance redevelopment opportunities for C/I properties
Identify business owners interested in redevelopment of blighted C/I properties. Work with the building department to
identify properties eligible for the blighted properties C/I program. Hold periodic discussions with various departments
(police, fire, building, and planning) to discuss potential redevelopment opportunities.
Acquire properties or short- and long-term redevelopment Monitor the market and identify properties for potential acquisition which align with the strategic objectives of the
HRA, including substandard structures.
Optimize use of studies, data, and research tools As needed, conduct studies and conduct research to best guide the HRA in its activities. Utilize tools such as
analytical software to better understand conditions and opportunities.
Page 65 of 65