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<br />HRA Meeting
<br />Minutes — Tuesday, June 16, 2009
<br />Page 2
<br />8. Recognitions
<br />None.
<br />9. Presentations
<br />a. Kathy Larsen, St. Louis Park Housing Coordinator
<br />Executive Director Patrick Trudgeon welcomed Ms. Kathy Larson, Housing Coordinator for
<br />the City of St. Louis Park, MN; noring that Ms. Larson had provided guidance and assistance
<br />to the City of Roseville's HRA with some difficult issues. Mr. Trudgeon opined x}��xthe City
<br />of St. Louis Park served as a model to other metropolitan communications�;;�firough their
<br />innovative programs; and thanked Member Masche for recommending them t e City's staff,
<br />and looked fonvard to tonight's presentation to provide some great ideas fc��`, ` 'ty's HRA.
<br />Ms. Larson thanked Members for inviring her to present some '"''�s; and t'� � out the
<br />presentation, provided several brochures and other St. Louis Park-s ific progra , ' s
<br />for additional information to the HRA. ,
<br />Ms. Larson reviewed some of the acrivities, specific �'" St. Lo ' Park, as well as those
<br />common among other communiries; and noted that tl��'�ity of � L;�uis Park l�ad separated
<br />their original HRA from the City Council, and as� "z;, ,p „, development issues became
<br />evident, had created an Economic Development Authori ��) and Housing Authority. Ms.
<br />Larson noted that the EDA consisted of the same members � e C' � Council, but that the
<br />Housing Authority served as an advisory board appointed by ,, CounciL Ms. Larson
<br />advised that the Housing Authority itself was responsible for tTie City's HUD programs,
<br />acquiring, owning, operating and ad ` those housing programs, with the goal of
<br />assuring safe, affordable housing in �.�� �" l�I� Larson reviewed some of those
<br />multi-family complexes, types of hous ; fun g; � governance of those units. Some of
<br />those consisted of mulri-family units,�` o family ublic housing (single family homes
<br />scattered throughout the City with rent oximately at 30% of annual income, and residents
<br />responsible for maintaining the homes); '�i�d Section 8 Housing Vouchers with rent subsidies
<br />for low-income indiv��l;�nd families wi#�„te�iants living in privately-owned units.
<br />Discussion a�ing Me ' rs, staff anc�` Ms. Larson included how those subsidized rents
<br />compared ``���" rket rat. ���tipulations for public housing; differentiarion between an
<br />EDA e ore resources for funding specific challenges within a
<br />community; h City of St. Louis Park collected and tracked housing data (i.e., trends,
<br />demographics, fu eds �d diversity, including life-cycle housing); comprehensive nature
<br />. ���
<br />of ��.`,�;; xograms � ��g�ed to overcome obstacles to preserve and enhance properry
<br />�iito'� � ����wtechnica� `aspects, and financial assistance); home improvement seivices;
<br />architectu ����� esign�services; annual home remodeling tours; and the successes of those
<br />individual ��,;,��,rgrams; and cooperative ventures (i.e., annual home remodeling fair) with the
<br />Cities of M��netonka, Golden Valley, Hopkins, and St. Louis Park.
<br />Ms. Lar�,6n discussed various loan programs used by the City of St. Louis Park, including the
<br />'ota Housing Fix-Up Loan Program, with the City buying down the interest rate
<br />nding on a resident's income; and Housing Rehabilitarion Fund, with City funds
<br />signated since the 1980's (1/8�' of 1% of principal on bonds issued) as a primary source for
<br />funding this ongoing program; Energy Loans in cooperation with the State of MN and other
<br />agencies; "Move Up In the Park Loans," with loans specifically for home expansion based on
<br />larger income criteria, with deferred loans (if remaining in the home for thirty years, the loan is
<br />forgiven, if sold, the funds go back to the City) and interest rates at 0%
<br />Ms. Larson addressed Home Improvement Loans for low-income homeowners, basically
<br />through emergency grants and deferred loans, both funded through Community Development
<br />
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