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<br />Item #: 5A <br />Meeting Date: April 20, 2018 <br />Type of Business: EDC <br />City of Mounds View Staff Report <br />To: Economic Development Commission <br />From: Brian Beeman, Business Development Coordinator <br />Item Title/Subject: Review Ramsey County Housing Financing Programs <br /> <br />Background <br /> <br />As part of the 2018 EDC Priorities the EDC has identified the following goal: “Monitor and assist with citywide <br />housing issues & priorities and projects and older properties as well as cooperating with multifamily property <br />owners to assist with upgrading facilities”. The second step in this process is to identify available financing <br />programs that could assist landlords and homeowners in updating their facilities. MaryLou Egan, who works in <br />Community & Economic Development at Ramsey County has agreed to inform the EDC of its available programs. <br /> <br />Discussion <br />Ramsey County has a variety of housing financing programs available. Understanding these programs may <br />provide some assistance to landlords and homeowners to address the local housing issues identified by the EDC. <br />Mary Lou Egan, from the Community and Economic Development of Ramsey County will be providing information <br />on each of the programs. <br /> <br />Recommendation <br /> <br />Staff recommends that the EDC hear Ramsey County’s presentation and ask questions about each financing <br />program trying to correlate the existing programs to the identified housing issues locally in Mounds View. <br /> <br />Respectfully submitted, <br /> ____________________________ <br />Brian Beeman <br />Business Development Coordinator <br /> <br />Attachments: <br />1) Community and Economic Development Funding <br />2) Neighborhood Revitalization <br />3) Property Assessed Clean Energy Program <br />4) Ramsey County Multifamily Housing Program <br />5) Rental Rehabilitation