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homebuyer need. The pilot program did not require City and/or HRA funds. However, <br />to continue to purchase additional homes in Roseville, the HRA may want to provide <br />some funding to GMHC for the continuation of this program. <br />Neighborhood Enhancement <br /> – This program has not been fully implemented due to <br />limited funded. The premise of the program is to promote resident participation, unity <br />and pride in all neighborhood blocks by taking an active role in improving the quality of <br />life within the City. The program would provide the framework to engage residents in <br />being good neighbors, contract for joint services and improvements and provide more <br />formal communication with the City to reduce neighborhood decay. Two programs that <br />are tentatively funded out of this program is the “Border & Buffers” and “Home & <br />Garden Award” program. The Border & Buffer program provides funds to resolve land <br />use inconsistencies and code deficiencies. Each project is evaluated on a case by case <br />basis. Many times issues are more easily and cost effectively resolved by the City <br />instead of the homeowner and/or business. The Home & Garden Award program <br />concept was introduced in 2003 to provide civic pride and recognition to outstanding <br />landscaping and home improvement projects. The program was suggested by the City <br />Council. Currently, a list of interested volunteer is being collected and some <br />appropriation of funds may be requested by this volunteer group. <br />How to Fund Housing Programs - Why an HRA Levy? <br />3.0 <br />3.1An HRA Levy is important to provide a dedicated and continuous source of funding to <br />achieve the vision and goals of the HRA Housing Plan. The vision and goals of the HRA <br />strive to provide the residents of Roseville with a high quality of life, sense of community <br />and safe quality neighborhoods. In addition, the programs are structured to housing that <br />is balanced in price and product for people of all ages. <br />The HRA housing fund is fairly stagnant, meaning that limited new dollars are dedicated <br />to the fund each year except interest income and loan repayments. The HRA has three <br />Loan Funds <br />categories of funds – 1.) – amount of dollars tied up in the revolving loans <br />Restricted Funds <br />funds and program income (estimated at $600,000) 2.) – Federally <br />Unrestricted Funds <br />mandated funds ($370,000) and 3.) - Annual Levy and cash – <br />estimated at ($200,000 - $300,000 depending upon cash available). It is estimated, based <br />upon the last 3 years that between $250,000 - $300,000 has been used to fund existing <br />City housing programs – mostly single family renovation. <br />This is not enough funds to support any new programs related to Multi Family <br />Renovation, Rental Licensing and expansion of First Time Home Buyer programs. The <br />restricted funds could support programs where the renovation and/or purchase is <br />restricted to those with incomes at or below 80% of median incomes. These funds can <br />not be used for any administration costs. <br />If the HRA wishes to continue to provide housing programs on an ongoing basis and <br />implement new initiatives - a dedicated funding source must be provided. The 2004 levy <br />of $200,000 will barely cover participation in the Housing Resource Center (which has <br /> HRA Budget Discussion - Page 3 of 4 <br /> <br />