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Attachment 2 <br />--VERSION 3/14/2024-- <br />Statutory Change Expanding Use of Ramsey County <br />Housing & Redevelopment Authority (HRA) <br />HF 3784 (Lee) / SF XXXX (Hawj) <br />Small businesses are the backbone of Ramsey County. It’s critical to our region that we continue to <br />invest in our business community in the wake of the pandemic. Ramsey County seeks to amend the <br />HRA statutory language to expand authority to better support diversifying industries, communities, <br />and emerging entrepreneurs as best as possible. <br />FREQUENTLY ASKED QUESTIONS <br />Will this legislative change result in a new property tax to Ramsey County property owners? <br />A: No. This legislative change has no change on property taxes. This legislative change simply expands the list <br />of eligible activities in which Ramsey County’s Housing and Redevelopment Authority levy is used. The text <br />change would additionally add programming for entrepreneurs and small businesses as an eligible use for the <br />Ramsey County Housing and Redevelopment Authority levy. <br />What is the county seeking from Ramsey County cities? If the legislation is successful, what is required from <br />Ramsey County cities? <br />A: The County does not require approval from Ramsey County cities for this proposed legislation. The County <br />does however seek support from our cities for this legislation. <br />If the legislation is successful, cities within the existing Ramsey County Housing and Redevelopment Authority <br />area of operation will have the choice whether to: <br />Opt-in: A city that chooses to opt-in will receive the greatest flexibility of eligible programming. In <br />addition to the current portfolio of affordable housing and redevelopment programing, business <br />programing will be provided. <br />Opt-out: A city that chooses to opt-out will continue to receive the current portfolio of affordable <br />housing and redevelopment programing. <br />The City of North Saint Paul is not to be a part of the Ramsey County Housing and Redevelopment <br />Authority Area of Operation. There is no change to North Saint Paul as a result of this legislation. <br />Ramsey County Housing & Redevelopment Authority <br />What is the current levy of the Ramsey County Housing & Redevelopment Authority (HRA)? <br />A: The 2024 HRA Levy is $12,595,222. <br />How is the Ramsey County Housing and Redevelopment Authority levy currently used? <br />A: The Ramsey County HRA levy is in its third year of operation. Over the last two years, the general breakdown <br />of HRA levy usage was (Avg. of 2022 & 2023): <br />Housing Programing Redevelopment Programs Administration <br />73% 17% 10% <br />Qbhf!52!pg!65 <br /> <br />