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p State ommo . Fix Yg Pr fir' - provides laver interest (5-6%) <br />second mortgages for home improvements up to $35,000 and $25,000 <br />depending upon income. <br />4.3 Develop affordable workforce housing policies and programs. <br />• Explore the merits of establishing an inclusianar by ausrng policy <br />whereby developers are provided with increased density (smaller lot <br />sizes, narrower roads) to achieve affordable workforce housing goals. <br />• Support affordable workforce housin4 through the use of tax <br />increment financing, Ramsey County Home Funds, HUD - CDBG, <br />Minnesota Housing Finance programs, Federal Home Loan Bank dollars <br />and Local Development Corporation funds. <br />Work with developers to utilize flax credit programs and revenue <br />bonds to reduce the cost of financing for affordable workforce <br />housing. <br />4.4 Encourage young families to move into the community through the <br />support and partnership with f first time buyer programs. <br />Provide a program that targets mulfi-fam& renters to realize the <br />American dream of owning their own horse. particularly targit those <br />renters where there is a concentration of young prof essionals, <br />children and rental rates which indicate enough income to shift to a <br />mortgage payment without major f i nanc is l d i f f i c u It ies . Identi f ied as <br />a high priority for the HRA . <br />I)evetop and collaborate on a first time homebuyermpgramto target <br />housing for local fire fighters, police officers and teachers who wish <br />Housing Plan — 2004 Page 12 Roseville 1"iRA <br />