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Rnseville School District <br />• Schools – don't want to "kick out" people <br />. Want to understand what the changes will be, "when" will change happen and <br />be prepared in terms of facilities and program. <br />. Demographics -- s�r�all famili s; �n�re diverse (celebrate) –districts server <br />residents from the "womb to tomb". <br />. Pre –"Jump" to kindergarten; i�1 depth � studies over past years :$ most keep <br />schools ii1 good shape and maintain programs -- se��se seinins. <br />A community center needs collaboration – can't be only schools. <br />• District has assets (property) that could add value to community. <br />. Diversity is selling point – Latinol��tnong and first time buyers. <br />�O1771772Y11.4 <br />• Boomers are "redefining" downsize. <br />. Huge �narkEt for single @- if under 300,000 with children. <br />What ideas or suggestions do you have to address the issues that were raised? <br />� City council needs to have longer term view as development decisions are being <br />inade. <br />■ Must use our available land for the 10-year out market; that is nof �7ow <br />happening. <br />■ City can do something; but it will take $ to subsidize desirable development. <br />■ Special programs can work – first time hornebuyers are one target group, but <br />may need to he promote more. <br />• Why not subsidy for 65 +t o address "tired" housing – 3 bed to 4– fa�nily roa�� <br />– froi�t porch – garage expansion. <br />• Programs needs to be sii�nple (shrink lot size). <br />■ Look to other moc�els (St. Paul) – not repay $ until l�o�ne is sold would help <br />seniors improve home. <br />= No 1-level town-hoa�es under $250,000. <br />� So MI'T�S is expensive but – environment aud "neighborhood" attractive—big <br />"attraction" is "main-street" feel lifestyle. <br />■ Incentive for first time to do development 30 years deferred upgrade. <br />* What is the response to reverse mortgages? So far, poor. Bad products; adult <br />children are opposed because it taps into senior parent's equity; people did not <br />understand them. <br />f Educate seniors about increased value for sale. <br />* Can city put "moratorium" on certain types of housing would that help or hinder <br />development of other housing types? <br />* No interest mortgages would be a good incentive for young families. <br />■ Seniors won't do or pay for what they don't need. <br />+ Kitchen and bath are i.tn}�ortaz�t, but those moving into the house ar�igllt prefer to <br />do remodeling to suit their lifestyle and needs. <br />— � <br />Rea3tozs/School Dis'�ricts/HRA bialo�ue F�• � <br />May 11,2005 <br />