7. HRSR 01-05-2009ITEM # 7.
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MEMORANDUM
TO: Housing & Redevelopment Authority
FROM: Catherine Mehelich, Director of Economic Development
DATE: January 5, 2009
SUBJECT: Discuss HRA Goals and Projects for 2009
Attachments
• 2004-2007 Economic Development Strategic Plan
Background
Overview of 2008 HRA Goals and Projects
• Coordinate completion of an Elk River Housing Market Study to be used to identify
issues and gaps in current and future housing inventory (Status: delayed upon
completion of 2010 census data).
• Explore need and partnership opportunities for housing rehabilitation programs.
• Explore need and partnership opportunities for a selective housing redevelopment
program (voluntary acquisition/removal and replacement of blighted homes).
• Resume planning process for the comprehensive Downtown Redevelopment Plan
(following completion of Highway 10 Geometrics Study)
2008 HRA Projects
• Assembled research and marketing of housing rehabilitation and energy efficiency
financing programs offered by regional agencies for the benefit of Elk River
residents.
Participated in City Council's review of the Highway 10 Geometrics Study designs as
it impacts the draft comprehensive Downtown Redevelopment Plan.
Assembled research on Elk River's foreclosure situation, foreclosure prevention
services, and initiated grant application for federal Neighborhood Stabilization
Program (Foreclosure Recovery) grant funds.
Discuss 2009 HRA Goals & Projects
HRA Meeting January 5, 2009
Page 2 of 2
Issues for Discussion
Staff requests the HRA's feedback and direction on the preliminary list of 2009 goals and
projects:
2009 Proposed HRA Goals and Projects
• Coordinate completion of NSP Grant Application and implement program strategies
in target neighborhoods.
• Continue to market resources for housing rehabilitation and energy efficiency
financing assistance.
• Resume planning process for the comprehensive Downtown Redevelopment Plan.
• Participate in joint meetings to update the City's Economic Development Strategic
Plan which identifies priority areas for EDA, HRA, City Council, and staff resources.
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