2015-08-18_HRA_Agenda_Packet - Laserfiche WebLink

Home

9c. Attachment A 2016 Roseville Housing and Redevelopment Authority (RHRA) Budget Details To prepare the 2016 RHRA budget, staff reviewed the RHRA Strategic Plan: September 2015 — August 2019 and discussed the Board's priorities with the RHRA Finance Subcommittee. The levy that the RHRA is proposing for 2016 is $650,000, which is a 7.6% decrease from the 2015 Levy of $703,579. In addition to the levy dollars, the RHRA offsets expenses whenever possible with grant dollars. Home and Garden Fair 2016 Prc The Board has decided to discontinue the annual "Living Smarter" Roseville Home & Garden Fair. Housing Replacement/Single Family Construction Fund 2016 Proposed Levy: $0 These programs strive to bring new investment and improvements to the City's neighborhoods by acquiring and razing older homes then selling the land to a qualified builder, developer, or home owner for the construction of a new home. A home owner is approached only if the home has not had substantial reinvestment. Newly constructed homes must meet specific design and site criteria. This fund also is used to provide gap financing on new home construction such as the 5 homes built in 2005 at Applewood Point. This program will continue with the funds on hand in 720 account; no additional funds for 2016 are being budgeted. Multi-Family Loan and Acquisition Funds 2016 Proposed Levy: $100,000 These programs offer rehabilitation loans to existing rental property owners (whose properties have 4 or more units) and makes dollars available for energy improvements. These funds are also used for site assemblage for redevelopment of higher density housing. This is a decline from $250,000 in 2015. Ownership Rehabilitation Program 2016 Proposed Levy: $24,850 The Ownership Rehabilitation Programs provide residents with free, comprehensive consultation services about the construction/renovation process to maintain, improve, and/or enhance their existing home, with a specific focus on energy efficiency. The program also recognizes homeowners that have done green construction or improvements to their homes and yards. Housing Resources Prof. Construction Services $12,000.00 Green Award Program $850.00 Energy Efficiency Program $12,000.00 First Time Buyer Program 2016 Proposed Levy: $0 The HRA has been requested to provide educational resources and workshops for First Time Home Buyer Programs. These funds can be used to offset costs associated with nonprofit organizations that sometimes charge for such workshops. This funding has been moved to the Marketing Studies Marketing Materials/Education Stipend in order to provide more flexibility for other topics. Neighborhood Enhancement Program 2016 Proposed Levy: $53,975 The Neighborhood Enhancement Program is a proactive program that initiates neighborhood inspections (from the street) for public nuisance type violations in an attempt to identify and resolve public nuisances before they become large enough to negatively impact neighborhoods and property values. Professional Services for seasonal program $47,500.00 I Marketing, Printing and Mailing of Material � $6,475.00 Marketing and Studies 2016 Proposed Levy: $ 28,000 Marketing, outreach, and studies are conducted for the RHRA on an as-needed basis to assist the mission of the RHRA. When specialized expertise is needed in the areas of research, studies, reports, presenters and design projects, the RHRA may contract with third-party providers. Welcome packets related to housing services, programs and loans are sent to new residents. Implementation of Hotel/Motel Study $10,000.00 Implementation of SE Roseville Study $10,000.00 Printing Materials/Education Stipend $6,500.00