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HRA Meeting Minutes Saturday, April 21, 2012 Page 4 1 advised that their management team had been tasked to find options. Ms. Kelsey noted that in the 2 meantime, there had been a change of management at MN Housing Agency; and that HRA staff had 3 met with them several times. Ms. Kelsey noted that the state was ignoring a large, aging population on 4 5 government cuts as well. Ms. Kelsey advised that Good Samaritan had decided that if the State of MN 6 decided to get into affordable, senior housing options, they wanted to be included in that market place. 7 However, without tax credits available, and 4% financing rates without bonds, Ms. Kelsey noted the 8 huge financial gap existing for such projects. Ms. Kelsey opined that this could serve as an opportunity 9 for the HRA to fill a financial gap to make that development happen. 10 11 ake things work, 12 or make them work better, perhaps through a combination of market rate, affordable, and other housing 13 options in one development, creating a better development and better economies overall. 14 15 Member Lee s as an example of the need and options available. 16 However, Member Lee noted the need to be cognizant of the cycling of housing in 20-30 years, when 17 e obsolete 18 housing. Member Lee suggested mixed use and integrated components as a key for sustainability; 19 while meeting needs and still understanding the constraints of tax credit issues. 20 21 At the suggestion of Ms. Kelsey, Member Lee supported intergenerational housing and flexible design, 22 but not social engineering. Member Lee advised that she totally supported the idea for flexible design 23 and letting nature take its course; however, she reiterated her concern that the housing not become 24 obsolete in 20-30 years and/or creating a huge problem for Roseville. 25 26 Chair Maschka suggested that the Target/County Road B site provided sufficient walkabiltiy and other 27 amenities (e.g. restaurants, shopping, and service options) that would serve as the best site available for 28 a walkable area. 29 30 Member Lee concurred, noting that the availability of public transit was also a great amenity. 31 32 Member Quam noted that the Sienna Green multi-family rental housing also provided work force 33 housing in the area as well to support such economic ventures. 34 35 Chair Maschka noted the need to build concentration. 36 37 Member Masche questioned how many units that site would accommodate; with Mr. Trudgeon advising 38 that it was currently zoned for forty-eight (48) units. However, Mr. Trudgeon suggested care with that 39 site, since it was adjacent to a single-family neighborhood. 40 41 Member Quam noted the need for moderation to facilitate that neighborhood. 42 43 Ms. Kelsey noted that the High Density Residential (HDR) zoning district was meant for high density 44 housing on twould be well received 45 on that site. 46 47 Chair Maschka push the envelope 48 possibilities for a development in the County Road B/Target area, citing St. Louis Park innovations as a 49 creative example. Chair Maschka opined that there would probably be fewer concerns expressed by 50 residents in that area with HDR since it already had such extensive commercial interests. Chair 51 Maschka noted the unknowns with the future of the Har Mar Mall as well, and whether by stimulating 52 development in the area, given the multiple transportation options, the HRA could stimulate 53 redevelopment across the street as well. 54 55 Member Quam noted the considerable traffic congestion in that area already.