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Policy Statement <br />3.: All types of Multi-Family Housing are important to the <br />community and need to be preserved with a full spectrum of multifamily <br />maintenance programs to increase the value, quality and livability of the <br />multifamily housing stock. <br />Study Support: <br />a. The study indicates that the multi-family housing stock <br />(the actual bricks and mortar) in both rental and ownership projects is <br />aging and reinvestment is critical. Through 2003, fewer than 350 new <br />units of rental apartment have been built since 1990 and the majority of <br />the rental units are 40 years or more years old. Critical improvements will <br />become necessary such as windows, roof, heating and air handling <br />systems, energy conservation and electrical services and accessibility. <br />Why is this good public policy <br />b.? There are approximately 9,000 <br />Roseville residents who live in some type of multifamily housing and over <br />70% of them pay rent. These residents are an important strand of the <br />community fabric. Helping to ensure that they live in quality, stable <br />housing reduces social problems that impact neighbors and increase the <br />demands on life-safety, school and social services. In addition, it is <br />critical to maintain this aging (and yet affordable) housing stock to ensure <br />that property values keep current with the surrounding communities and <br />inflationary indexes. Once the value of housing begins to decline the <br />impact on the community will increase services, complaints and crime. <br />Action Steps: <br />c. <br />i.Explore how other communities and HRAs have implemented a <br />Rental Licensing Program, to be <br />Housing Maintenance Code and <br />considered as part of the 2006 Budget cycle. <br />1.Budget Impact: TBD <br />2.Number of annual occurrences: <br />ii.Identify more thoroughly the multi family complexes with <br />deferred maintenance issues <br /> and where renovation permits have <br />not been issues in over 10 years. Target these complexes by <br />hosting HRA meetings with the owners and managers. Discuss the <br />issues and offer improvement incentive funds available by the <br />HRA, County and State programs. <br />1.Budget Impact: TBD <br />2.Number of annual occurrences: <br />iii.Explore the establishment of a more formalized multi-family <br /> improvement area program <br />owner occupied housing for <br />townhome and condominium complexes. These ownership <br />multifamily housing complexes and their associations may not <br />have sufficient fund balances to address large maintenance issues. <br />Multi Family Housing Study Report (9-21-04) - Page 4 of 7 <br /> <br />