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Evaluate the potential for a Housing Replacement Program to purchase code deficient homes which the homeowner is enable to sell or renovate due to the condition of the home. The purchase will result in the demolition of the dilapidated home and the construction of a new home or group of homes. Upon completion the Program will provide for the resale of the new home, targeting first time home baying families. The HRA's goal will be to obtain a second mortgage on any initial equity generated by the home to provide a return on the investment under the Program. identified as a high priority for HRA. 4.9 Review opportunities to submit applications for funding from federal, state, county and regional sources where proposed projects meet the goals of the HRA. is Submit annual approval of participation in the Livable Communities Act which was created in 1995 and represents the Legislative preference for a voluntary, incentive -based approach to help communities grow, succeed and address the metropolitan region's affordable and lif ecycle housing. 00' Submit applications under the Super RFP Process f o r Livable Communities Demonstration Account grants, Local Housing Incentive Account, MHFA and the Minnesota Housing Fund grants and loans where the proposed projects provide a mix of housing choices and for V nnovative programs that address affordable housing issues. • Submit applications to the agMseyCoun?!Xi-,IoLgLnadRedeveloRment Auth for single and multi-family housing developments, public infrastructure and business assistance when low - moderate income requirements can be achieved. • Review annual funding options through non profit foundations and finrrnciQl institutions 4.10 Increase awareness of the HRA's mission and promote the City as a community with an excellent, safe quality of life. Housing Plan — 2004 Page 16 Roseville HRA