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7. HRSR 10-06-2008REQUEST FOR ACTION To Item Number Housin Redevelo ment Authori 7. Agenda Section Meeting Date Prepared by 6 October 2008 Annie Deckert, Economic Develo ment Assistant Item Description Reviewed by Consider Participation with MN Center for Energy & Catherine Mehelich, Director of Environment to Market Elk River Housing Rehabilitation Economic Develo ment Loan Programs Reviewed by Action Requested Approve partnering with the MN Center for Energy & Environment to Market Elk River Housing Rehabilitation Loan Programs. Background/Discussion At the Apri17, 2008 joint meeting of the HRA and City Council, the HRA and Council indicated interest in exploring several existing and potential housing partnership opportunities. At the July 7, 2008 staff presented housing programs available to residents for rehabilitation. The HRA suggested staff market existing programs in various forms (pamphlet creation, EDA newsletter, cable channel, etc.) and proceed from there. The MN Center for Energy and Environment (CEE) is a nonprofit organization that promotes the responsible use of natural and economic resources. They offer several programs through the MN Housing Finance Agency (MHFA), who gives them permission to market the programs by using the city's name. By partnering with the CEE, Elk River can promote available housing rehab programs to residents through a marketing flyer (similar to the attached draft flyer). The CEE would be the primary contact, and would send monthly reports to staff regarding how often and who had utilized the programs. Staff would send afollow-up letter, including the City's marketing pamphlet to provide additional information and programs we're currently marketing. Financial Impact The table below depicts the cost of the flyers based on the number of households (to be determined by the mailhouse). The CEE picks up half the cost. The remaining half would be covered by the HRA's advertising/marketing budget. est. # of households 5,000 7,500 10,000 rintin $933 $1,158 $1,380 osta a $685 $1,028 $1,370 mailhouse $350 $425 $500 HRA Cost 50% $984 $1,305.50 $1,625 CEE Cost 50% $984 $1,305.50 $1,625 TOTAL $1,968 $2,611 $3,250 S:\EDA\HRA\HOUSING\Affordable Housing\Rehabilitation\10-G-08 CEE Parmership.DOC Be Ready for Winter... Energy Prices are on the Rise Start saving now by following these top 10 ways to reduce your energy use... 1. Replace incandescents with compact flourescent lightbulbs. 2. Unplug appliances and electronics when not in use. 3. Take 5 minute showers. 4. Wash all clothing in cold water. 5. Turn your thermostat down 2 degrees. 6. Install low-flow showerheads. 7. Weatherstrip doors and windows to seal air leaks. 8. Seal wall outlets and switches on outer walls. 9. Insulate hot water heater and pipes. 10. Seal attic bypasses. Expected yearly savings of $400. In addition, the City of Elk River offers several programs to help you make your home more comfortable and energy efficient. .... - .... ELKRIVER Minnesota EN-RGYCITY H ~ Center for Energy o u s ~ n and Environemenf The City of Elk River HRA c/o Center for Energy and Environment Elk 212 Third Ave N. T~ _Ver Minneapolis, MN 55401 7N ~O urri ~''~ o,~r L%,Wer ~ b1ttis erierg~ PRSRT STD US POSTAGE PAID Minneapolis, MN PERMIT 18304 Home Improvement Resources Available The City of Elk River Housing Redevelopment Authority has partnered with the Center for Energy and Environment (CEE) to deliver the Elk River Home Improvement Program. CEE is an independent, non-profit organization that has been administering home improvement loans and services in the state of Minnesota for more than 25 years. Elk River Home Energy Program low interest fixed rate* $10,000 maximum Flexible Terms up to 5 years No maximum income limit Energy-related improvements are eligible including windows, doors, insulation, furnace, a/c, water heaters and more! Elk River Fix-Up Fund Program low interest fixed rate* $35,000 maximum Flexible Terms Income Limits apply Eligible improvements include roof, siding, win- dows, kitchen, remodels and more! *Call for current rate City of Elk -~..--1 River For more information call 612-335-5884 or visit www.mncee.org to download forms. ---____ Ek.16RIVER EI~~RG'YCIT~`° ~ Center for Energy _ and Environment eouu Houswc ~~ ~ ~ OPPORTUNITY