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<br /> <br />Ayes: 4 <br />Nays: 0 <br />Motion carried. <br /> <br />Motion : Member Kelsey moved, seconded by Me mber Elkins, to provide administrative <br />approval for any Senior Hous ing Regeneration Program (SHRP) property purchase with a <br />permanent loss below $15,000 and projects above $15,000 to come back to the HRA for <br />approval. The Executive Director shall provide quarterly reports on all SHRP properties. <br /> <br />Ayes: 4 <br />Nays: 0 <br />Motion carried. <br /> <br />Member Kelsey thanked the homeowner who made th e effort to go through this program and that <br />it will help to provide a first time buyer with a home in Roseville. <br /> <br />Member Kelsey requested that addition media be provided for the project with the seller and <br />buyer. <br /> <br />c. Request for Funding Application Submittal under the Minnesota Consolidated <br />Request for Proposal for Har Mar Apar tments by Central Community Housing <br />Trust (HF0039) <br /> <br />Executive Director Bennett provided a summary of the request by non-profit housing developer <br />Central Community Housing Trust (CCHT) for support in their application for funding from <br />Minnesota Housing Agency for the renovation and redevelopment of the Har Mar Apartments in <br />Roseville. In addition, Ms. Bennett noted that CCHT would also like the RHRA’s support to <br />explore the use of existing HRA funds for the project and the evaluation of tax increment <br />financing to fill the gap in funding the project renovation. Mr. Bennett suggested that the HRA <br />direct staff to consult with HRA Attorney Krass Monroe on the review of tax increment financing <br />for the project along with the use of existi ng HRA funds and come back with a specific <br />recommendation to the HRA at a future meeting. <br /> <br />Chair Majerus wondered why CCHT does not just tear down the project and start over. CCHT <br />noted that their total unit cost is below new construction so it does make sense to keep the <br />structure. However, renovation of this scope is very expensive. <br /> <br />Motion: Member Elkins moved, seconded by Member Scheunemann, to adopt the resolution of <br />support for the Central Community Housing Trust application to Minnesota Housing Agency for <br />the renovation and redevelopment of the Har Ma r Apartments at Snelling and Hwy 36 in <br />Roseville. <br /> <br />Ayes: 3 <br />Nays: 0 <br />Abstain: 1 <br />Motion carried. <br /> <br />