2006-10-17_Agenda - Laserfiche WebLink

Home

Housing Resource Center Report Summary – 3 rd Quarter 2006 Report Housing Resource Center Quarterl y Summary ...........................................................1 Total Residents Served by HRC by Quarte r 2001-2 006 .............................................2 Total Technical Visits by HRC by Quarte r 2001–200 6 .............................................2 Roseville Revolving Loan Program Activity by Quar ter 2001–2006.........................3 Roseville Family Loan Progr am Activity by Quarter 2006.........................................3 Summary of the Housing Reso urce Center (HRC) Services: A fundamental goal of the Roseville Housing Program is to encourage homeowners and managers to maintain a nd upgrade their housing. Also, the HRA provides additional programs to encourag e families to stay and grow in the community. The services of the HRC si nce 2000 have assisted 2,623 residential property owners which have resulted in over $4.05 million in additional private investment in Roseville homes througho ut the community. Many of these loan dollars were leveraged with ot her bank or owner funding. As of the 3 rd quarter of 2006, participation in the HRC continues to increase with 395 residents served with 663 different serv ices. The technical visits remains a positive assistance to residents with 190 home visits as of the 3 rd quarter of 2006 compared to 176 as of the 3 rd quarter of 2005. The HRA launched a new loan program geared toward families which provides up to $35,000 for families with incomes of 120% of median income or less. Three loans were issued in the 2 nd qtr. of 2006 for a total of $54,895 in loan funds. 2660 Civic Center Drive Roseville, MN 55113 Phone: 651-792-7015 • Fax: 651-792-7070 http://www.cityofroseville click on Housing & Redevelopment Authority Email: HRA@ci.roseville.mn.us