2006-03-21_Agenda - Laserfiche WebLink

Home

Housing development Goal: Create quality affordable hous ing in communities throughout the Twin Cities metropolitan area. Strategies: • Strengthen partnerships and build new collaborati ve relationships with neighborhoods, public and non-profit agencies, and for-prof it corporations and organizations. • Expand CCHT’s development activities into additional neighborhoods of Minneapolis, the City of St. Paul, and to the greater metropolitan area. Achieve a five-year production goal of at least 750 units. • Develop an acquisition and preservation strategy to purchase, finance, and manage existing affordable rental housing, with a five-year goal of at least 500 units. • Ensure a significant part of CCHT’s production co ntinues to serve individuals and families with the greatest need. • Apply CCHT’s behavioral design expertise to the development of a wide variety of community affordable housing needs includin g affordable rental, affordable homeownership, senior, mixed- income/mixed-use, and supportive housing. Asset management and resident services Goal: Ensure the long-term success of all properties as affordable community assets that provide improved quality of life for residents. Asset Management Strategies: • Maximize affordability and ensure the financial stability and excellent physical condition of all properties. • Re-design property management ov ersight to focus on the most im portant stewardship principles for greater efficiency and effectiveness. • Strengthen partnerships and relationships with ne ighborhoods, funders, so cial service providers, property management agents an d other related organizations. • Preserve the long-term viability and affordability of low-income tax credit properties approaching the end of their initial compliance period. Resident Services Strategies: • Effectively use community resources to enhanc e resident stability and successful tenancy. • Collaborate and partner with existing social service providers for supportive housing.