04-07-1997 WS - Laserfiche WebLink

Home Browse Search

Ramsey County Deferred Loan Program: Ramsey County, also, offers a deferred loan program • for single-family, owner occupied dwellings. This program is also funded with CDBG. Again, we have been very successful in promoting this program. In 1995, there were more Mounds View residents on the waiting list than any other suburban Ramsey County city. Each year we promote this program through our local newspaper and our City newsletter. Home Energy Loans: Ramsey County also distributes funding to the Energy and Environmental Resource Center for Home Energy Loans. We have promoted this program as others. Tax Increment Financing: The City of Mounds View has created a Housing Replacement program using 'Elk. The purpose of this program is to purchase houses that are dilapidated and not able to be repaired. Then, demolish the homes and resell the land to a buyer/developer team. The house built on the lots will not necessarily be affordable; however, the proceeds the City receives from the lots will be placed into a development fund to be used as a revolving loan for residents to rehabilitate their homes. Housing Maintenance Code: The City of Mounds View has had a Housing Maintenance Code since 1974. We have recently upgraded our Code to strengthen our enforcement procedure. In addition, we increased the number of inspections conducted annually. Our Code requires that all rental units be inspected within a four year period. Each year we inspect 25% of all units to ensure that rental property is being maintained. • We, also, have three manufactured home parks which provide a great deal of our affordable housing. Again, we are dealing with an aging housing stock. Local Initiatives Economic Development Authority: The EDA was created in March, 1994. One of the objectives of the EDA is to provide housing opportunities for residents. Because we are so new at providing housing opportunities to our residents, we have not yet accessed funding. Nonprofit Capacity Building Grant Program: This year, we are applying for a Capacity Building Grant to send.staff to the National Development Council's training on Housing Development Finance. It is our intention to increase the knowledge of staff to be able to use new approaches to providing affordable housing. Local Official Controls and Approvals The City of Mounds View is in the process of reviewing our Zoning Code. We will examine and evaluate the impact of a number of local controls on the cost of residential development and redevelopment. 12