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Housing Plan – 2005 Page 9 Roseville HRA 4.2 Support housing programs that fund housing renovations and improvements for single family homes with grants and low or deferred interest rate loans. Those progra ms include but are not limited to: • HRA Owner Occupied Loan Program - low or deferred inte rest loan up to $10,000 or not more than 50 % of home improvemen ts. The Program is intended for use where gaps exist within other loan programs and can be used for demolition if certain criteria are met. The loans are serviced by the Housing Resource Center which is contracted by the HRA to provide more flexibility and ease to residents. Identified as a high priority of the HRA • Encourage the implementation of a Housing Maintenance Code to help sustain housing value and provide the needed tools to existing code enforcement staff to address issues of housing decay and decline in appeal and value. Identified as a high priority of the HRA • HRA Family Ownership Loan Program – low interest loan up to $25,000 for home improvements. The Program targets families with a household of two or more and at least one member under the age of 16. In addition, the household must have income at or below 120% of the current median household income. The Program was created in 2005 to support and encourage new families to remain and move to Roseville and make the necessary housing improvements needed for a family thus strengthening neighborhood balance and area schools. Identified as a high priority of the HRA • HRA Housing Redesign Program – provide a grant for 50% of the design fees up to $6,000 for homeowners renovating their 1950’s – 1970’s style homes to provide a more adaptable style for today’s families. The program targets families with incomes at or below 120% of the current me dian household income. In addition, the current assessed market value of the home must be under a certain limit (2005 - $218,000) which is adjusted annually to account for general housing appreciation. The grant encourages the use of good design techniques. • Ramsey County Deferred Rehab Program – provide income qualifying deferred loans up to $15,000 for necessa ry home improvements. • Ramsey County Energy Conservation Program – provide income qualifying deferred loan up to $5,000 for home energy improvements. • State Energy Improvement Loan – provide loans up to $8,000 at 8% interest for energy improvements. • State Community Fix Up Program – provides low interest (5-6%) second mortgages for home improvements up to $35,000 and $25,000 depending upon income.