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Special Session of the City Council: <br />Saturday, 02/19/05, Cedarholm Golf Course Clubhouse, <br />2323 Hamline Avenue North, Roseville, MN <br />Page 9 of 21 <br />2. Twin Lakes Redevelopment: <br />a. Supports Senior Housing Regeneration Pro- <br />gram <br />• Whv: Guaranteed Linkage <br />1. Homes purchased, renovated , resold to <br />first time buyer young families <br />2. Increases community and neighborhood <br />balance <br />• How: <br />1. Require participation and marketing <br />through senior housing PUD agreements <br />2. HRA provides gap funding to GMHC for <br />implementation <br />b. Build New Young Professional Housing <br />• Whv: Proven Success (Applewood Court <br />Townhomes - Open House, March lOtn) <br />1. First time homebuyer families and young <br />professionals <br />2. Target young professional employees <br />• Importance: <br />1. Stability of School District by transitions <br />to other homes in community <br />2. Balance demographics of neighborhoods <br />c. Build New Office and Retail Space <br />• Whv: Broaden variety of jobs and tax base in <br />community <br />1. Net new jobs of 1,000 expected. <br />2. More opportunity for Roseville residents to <br />work closer to home. <br />• Importance: <br />1. Stability of School District by new young <br />families in community over time. <br />2. Balance demographics of workforce; pro- <br />vide option to resident commuting <br />d. Improve water quality, soils, environment, and <br />roads\utilities; removes brownfields. <br />3. Housin� - Rental Licensin� and Housin� Preser- <br />vation Ordinance and Pro�rams: <br />0 <br />