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City of Roseville — 2004 Budget ❑ Work with rental property owners to encourage continuous improvements that contribute to the quality living environment of its tenants and the sustainability of mixed -use neighborhoods. Strengthen tenant/landlord relationships and upkeep of rental properties through education, inspections, permits, and rehabilitation loan programs. ❑ Support housing programs that fund housing renovations and improvements for single family homes with grants and low or deferred interest rate loans. ❑ Create an education environment that promotes quality housing renovation and housing assistance through the Home &Garden show and technical assistance. ❑ Adopt a housing preservation code in coordination with other communities along the I -35W Corridor. ❑ Work with the Police Department Neighborhood Watch Program to provide information about Roseville's residential inspection and code enforcement program and provide rehabilitation information at neighborhood meetings. ❑ Support affordable senior housing through the use of tax increment financing, Ramsey County Home Funds, HUD, Minnesota Housing Finance programs, and Federal Home Loan Bank dollars. ❑ Work with developers to utilize tax credit programs and revenue bonds to reduce the cost of financing for affordable housing. ❑ Annually review and revise Roseville's Livable Communities Action Plan. ❑ When appropriate, submit applications for Livable Communities Demonstration Account grants where the proposed projects provide a mix of housing choices. Tax Increment Policy Purpose The City of Roseville Tax Increment Financing Policies are established to primarily enhance private sector employment growth and job retention, plus tax base expansion. Added priorities include: upgrading of obsolescent public and private facilities, remediation of pollution, provision for natural resource retention or remediation, expansion of life cycle and affordable housing renovation and new construction. It seeks to involve the community, the region, and other taxing jurisdictions in a fair and open process. The policy shall meet the requirements of Minnesota Statutes 469. It will be honest to its citizens, fair to all affected taxing districts, comprehensive in calculating its impact, open to public and governmental scrutiny and comment, and treat all applicants in a fair manner- -yet, recognize that fair treatment may not necessarily be interpreted as equal treatment to all, due to the limited resources available. Scope SECTION 1. General Policy Statement. It is the City's policy to encourage and enhance individual choice in jobs and in housing to fit our citizens needs; to encourage and enhance economically strong, stable job producing commercial and industrial projects within the city which will create employment opportunities; to provide housing affordable to our residents; to provide life cycle housing opportunities; to provide for pollution abatement and soil correction; to protect and enhance natural resources; and to protect individual and community property values by redeveloping blighted buildings, land, and public infrastructure. The City will use tax increment financing investments only in very specific cases where a needed public objective is identified and approved and private capital could not be attracted. to accomplish this objective. The City will be proactive in forming government collaborations and leverage private investments in areas or sites where a project would not otherwise be financially feasible. To implement these general policies, it is also necessary to establish a policy regarding the orderly process of planning and budgeting to fulfill legal and operating requirements. Such a policy will provide fiscal guidance for elected officials, staff, and the community to set priorities and meet the needs of the citizens in a methodical and financially prudent manner. 120