Agenda Packets - 1999/07/06 - Laserfiche WebLink

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Item No. Meeting Date: 7-6-99 Staff Report No. Type of Business: WK WK. Work Session; PH. • Public Hearing; CA: Consent Agenda; EDBA: EDA Business Mounds View City Council Staff Report To: Honorable Mayor and City Council Members From: Steve Dorgan, Housing Inspector Item Title/Subject: Discussion of Housing Programs and Policy Date of Report: July 1, 1999 SUMMARY This report is an update to existing housing programs and a review of programs the city may wish to consider. Stasi is requesting direction for specific and general housing issues. EXISTING PROGRAMS Housing Replacement Program Since 1996, the EDA has facilitated the redevelopment of 2 single-family properties. Currently, 4 additional single-family lots and a four-plex are in the process of being acquired and/or redeveloped. Properties participate in the program on a voluntary basis, so the demand for the program fluctuates. The City has traditionally funded the program exclusively with TIF funds. However, the EDA recently received a $75,000 Community Development Block Grant from Ramsey County for the program. The County funds may be used for the acquisition and redevelopment of lesser -valued property to create low - moderate valued housing. The redevelopment time frame for properties averages one year from the time a property is approved for acquisition. 8283 Long Lake Road - The property located at 8283 Long Lake Road has remained vacant for 2 years. At the time the lot was acquired, the EDA chose not to preclude a more comprehensive redevelopment by selling the property as a single lot. The EDA directed staff to market the property to builders and developers for the redevelopment in conjunction with surrounding properties. This mainly due to the size of the lot. (3/a acres) and its proximity to other larger and vacant lots. In addition, the homes directly adjacent to the EDA's lot may also qualify for the Housing Replacement Program. Since the EDA obtained the lot, staff has received great interest in the site from developers, builders and individuals interested in building a home on the lot. However, the city has not obtained additional lots or received formal redevelopment proposals for the larger area. Staff is currently working with the University of Minnesota Design Center to provide conceptual redevelopment scenarios for the area. One option may allow the immediate redevelopment of the EDA's lot without the need for additional properties. Attached are possible designs for the redevelopment of the area. Staff is seeking direction for the redevelopment of the city lot. 1) What conceptual redevelopment designs should staff be promoting to developers? (see attached redevelopment scenarios).