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Housing Redesign Program amendment (03-21-06) - Page 1 of 3 <br />REQUEST FOR HRA ACTION <br /> <br />Date: 03-21-06 <br />Item No: <br />Staff Approval: Agenda Section: <br /> CB Action Item Description: Consider Modifications to the Roseville Housing Redesign Program <br />(HF6) <br /> <br />1.0 HRA ACTION REQUESTED <br /> <br />1.1 By motion, adopt a modification, outlined below, to the Roseville Redesign Program <br />regarding the relationship between building va lue and total value as an exception to the <br />minimum valuation criteria. <br /> <br />2.0 PROGRAM PURPOSE: <br /> <br />2.1 The Roseville Housing Redesign Pr ogram includes the following goals: (no changes <br />proposed) <br /> <br /> Encourage homeowners to put professional design, value, and utility back into the <br />City’s older housing stock (pre 1980) and to discourage additions that do not blend <br />and add aesthetic appeal to the existing structure. <br /> <br /> Assist families (defined as household of three or more with one minor child <br />under the age of 16) who would like to remain in Roseville and create an adaptable <br />home for their family and a more marketable home for the next owner. <br /> <br /> Adding new front entries to create more str eet appeal and encourage more neighbor to <br />neighbor interaction. <br /> <br />3.0 ROSEVILLE REDESIGN PROGRAM CRITERIA BACKGROUND: <br /> <br />3.1 In November 2003, the HRA modified the prev iously named Rambler Redesign Program to <br />include additional eligibility criteria which helps to ensure that the goals of the program are <br />achieved. The intent of these changes was to more accurately provide a method to attract <br />and retain middle income families who want to m ove to or stay in the community but desire <br />a more modern home. <br /> <br />3.2 In May 2005, the HRA again modified the pr ogram criteria to allow for an annual <br />appreciation of 8% per year to the minimum assessed valuation requirement. <br /> <br /> <br /> <br />