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Regular City Council Meeting Monday,July 7,2014 Page 14 business model of motels such as Motel 6 in meeting needs of the market place; while also addressing broader problems as well. Councilmember Laliberte suggested part of the HRA study include identifying whether or not people were using those hotels as temporary housing beyond 1-2 nights. Mayor Roe concurred also noting that they may be used as temporary housing un- til the residents could find shelter elsewhere. Single-Family Home Conversion to Rentals Chair Maschka noted that this was a personal concern in his neighborhood; and referenced the Attachment(s) E comparing those conversions to rental, from 210 in 2010 and currently 295. Chair Maschka suggested the proposed study of this increase could include discussions with the University of Northwestern to deter- mine what portion was specific to student housing and what was due the function of home pricing and interest rates. Chair Maschka noted that it is of concern to neighbors of those properties indicating a problem; and further noted the obvious trend shown in Attachment E; and noted that this data may not be all-inclusive of the actual situation. Mayor Roe noted that when interest rates were low, it was attractive to turn sin- gle-family homes into rentals, whether for college students or as invest- ment/income opportunities; and was obvious throughout the City. Mayor Roe noted that the flip side of that situation was that every dot on the map didn't rep- resent a problem, much the same as the SE Roseville discussion, all rental homes were not automatically bad. Mayor Roe clarified that part of the HRA study needed to determine what the problems were and where they were; as well as how those rental homes registered with the City compared to owned homes for code enforcement, and how to verify and compare that information. HRA Member Quam noted that, those rental opportunities provided an important component to the City's housing units, and without them, many young families would be shut out of the community. Chair Maschka agreed that this was a valid point. In his specific neighborhood, Councilmember Etten noted that changes occurred, and of eight new rental housingunits shown in theast four were no longer p g used as rentals; and from his perspective, he could see that changeover happening con- sistently now and in the future as well. Councilmember Laliberte noted that some of the rentals may be due to situations where elderly owners had to move out of their homes and their families were left with dealing with the immediate situation and economic issues in when to sell the