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th Roseville Housing Replacement Program (HRP) Amended April 16, 2013 This document has been developed to guide program administration. It should not be interpreted as constituting any contractual agreement or liability by the Rosev Authority (RHRA). The RHRA may modify or divert from the guide Program Objectives 1.To remove substandard, functionally obsolete housing on scattere replace with new, higher-valued, sustainable housing. 2.To eliminate the influence of blight of substandard housing, thus improving residential neighborhoods. 3.To facilitate the construction of larger owner-occupied homes that have three+ bedrooms, 2+ bathrooms, and a two-car garage that will complement the neighborhood and are designed to expand family opportunities or to serve elderly residents. These objectives will be achieved by the RHRA purchasing and razing substandard homes and selling the lot to a licensed builder or individual for the construction of a single-family, owner-occupied home. Program Basics 1.RHRA publishes a list of available vacant lots for purchase including sale price and development criteria. 2.A builder with an identified buyer, a buyer with an identified builder, or identified buyer proposes a plan for a lot consistent with development criteria aram requirements and makes an offer to purchase. 3.RHRA approves lot sale. 4.Lot is sold to Potential Homeowner or Builder/Developer. 5.Project is completed within one year after closing. Builder Requirements 1. Must be a licensed contractor. 2. Must demonstrate financial capabilities by providing: a.A statement from a financial institution of sufficient construct to complete the project. b.Proof of Builders Comprehensive General Liability with Property Damage Protection and proof of sufficient workers compensation insurance coverage by the Builder. c.Written warranty to be provided to the Buyer, which guarantees at minimum, warranted repairs as required by Minnesota State Statute. 3. Must provide references from: a.Five satisfied customers b.Building inspectors from two cities where the Builder has constructed new past three years 4. Provide an inventory of all homes currently under construction. Housing Design and Site Criteria 1.Home design must comply with all federal, state, and local building codes. 2.Construction on the home must commence within six months after closing. The project must be 100% complete one year after closing. Page 1 Roseville Housing Replacement Program April 10, 2013