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HRA Meeting Minutes – Monday, October 20, 2009 Page 4 Section housing in the community, with an existing 2-3 year waiting list and no vacancies; and current non-income-restricted housing serving as the community’s affordable housing based on the lack of amenities and upgrades to bring it up to market rate housing (i.e., smaller units versus family-sized units). Ms. Kelsey reviewed various challenges and opportunities in the near future based on a lack of land available for development requiring higher density redevelopment to meet needs; and addressing 60% median income/ Mr. Trudgeon noted the value of this tool for the HRA, the City Council and the Planning Commission as each body and the community itself considered promotion of future projects and as development proposals were received to determine which proposals will be marketable and which are already market-saturated. Mr. Trudgeon opined that the Study came at a good time with the market slow and allowing for an opportunity to be prepared for the economic upturn and more aggressive developments coming forward, allowing for proactive rather than reactive consideration and review. Discussion among members and staff included defining needs for mid-income families, top line multi-family apartments, and Section 8 housing; potential for future conversion to market rates to allow them to be self-sustaining; condition of and lack of renovation at some existing multi-family buildings in the community and how the HRA can assist owners and/or developers with rehabilitation to meet community housing needs; recognizing that those formerly considered middle class as far as income levels in the 1950’s were now those on fixed incomes and needing affordable housing; and identifying pocket areas within the community that may allow for infill affordable housing opportunities. Further discussion included specific parcels available, including the vacant parcel on Hamline Avenue owned by School District No. 621 and status of contaminated soil mitigation; the Reiling property across the street on Woodhill and the value of its proximity to Central Park for upper-end multi-unit rental housing; Twin Lakes Redevelopment area; and the North Suburban Cable Commission building soon to be vacated. Ms. Kelsey noted staff’s intent to alert the School District(s) to the study for their consideration and further discussions; and potential apartment buildings that could be demolished and rehabilitated for senior housing; or where proper full-time management on-site would be a viable option. Ms. Kelsey noted the example in the Har Mar redevelopment and management changes and the positive value being experienced. Ms. Kelsey advised that staff continued to research various opportunities and would keep the HRA advised of options that may work for the City, including participating in discussions for future transit corridor improvements, marketing the value in reducing commute time and expense to reduce cost burdens for other living expanses, marketing through living in Roseville; and coordinating with existing and future multi-family apartment building owners. Motion: Member Maschka moved, seconded by Member Majerus, to accept the Comprehensive Multifamily Housing Needs Analysis that was completed by Maxfield Research as presented and requested staff to forward the Analysis to the City Council for City use. Ayes: 6 Nays: 0 Motion carried. b.HIA Policy