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2006_0320_Packet_Study
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2006_0320_Packet_Study
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Housing development <br />Goal: C:re�tte q�.<<�lity t�fforciable housii7� i��. coa�a�a�ut�.ities tl���ougt�out t�le Twin Cities �uetropolitan <br />area. <br />Strategies: <br />• 5treugtl�en parnierships and �,�uild ne�r c;oll�t.Uor��tive rclt�tionships with izcigh�orhoods, public <br />anc� non-profit agencies, .i,,.l lor-profit corporations and organizations. <br />• Expand CGZ��'3 development activities u�to additional neigh6orhoods of Mii2nea�olis, i�_:• City <br />of Sr. Paul, �nc� to ��,.- g��eater nietrapolita�� aa,ca. Achieve a f�ive•year production goal of at least <br />750 units. <br />• Dt�vf:lo�� an acquisition o-�nd pres��va[ioz� strategy Ca �urchase, finance, and ���a��age existit�g <br />�tii�otdal�le rei�tal housing, with a five-year goal of at least 500 units. <br />• �.nsure a significant part of CCI1T's production continues to �Cn�� individuals and fatuilies'•�, ,�.: <br />the greates[ neec�. <br />• Apply �~;~': ;T: behavioral design expertise to the development of a wide variety of comi�i�tnity <br />��f�oz�c�ttU�c housing �1eec15 including affordable rental, affordable I�omeowt�ership„ senior, mixed <br />:r�•-���'."r-ri=':••.�„�lit' S11�7�701'YLVC�16115111ry. <br />Asset management and resident services <br />Goal: Ensure the lnt�� terri� nt�tccess of all properties as affordable commtii�iity assets that �rovide <br />improved quality of life for residents. <br />Asset Management Strategies: <br />• Maxisnize affordability and etZSt�re rlie financial stability and excellent physical cottdiCion of all <br />properties. <br />• Redesign property tnat�abe�nent ovet�sig��t to focus �i C��e �uost important stewardship principles <br />for gret�.ter efficiency and effectivcncss. <br />• 5trengtl�en partnerships and re�ationsl�i�s with ��eigll�ot-�iooc�s, ttiz�ders, social sctva.ce pG�ovic�ers, <br />property t1�at�.agea��ez�t aget�ts ,ii.; ot��e�- related organizations. <br />• Preseive t17e long-tern viability ,ri,: affotdabili�y of low-income tax credit properties approaching <br />ehe e�lc� of their initial con��liance period. <br />Resident 5eavices Strategies: <br />• Effectively t4se community resources to ���.a�at�t�ce resic�ent st���ility and st�cccssf�.tl tet��ncy. <br />• Collaborate ttllc� pAiTiltT'�t �,• existing social selvice ptq��idets for stt��parr.ive housing. <br />
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