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J <br /> • Page 4 <br /> Department of Energy Fuel Assistance and Weatherization programs. <br /> Metropolitan Council Tax Base Revitalization Account. <br /> Minnesota Housing Finance Agency (MHFA). <br /> Residential Lot Redevelopment through the City's HRA funds. The City of St. <br /> Anthony will continue to promote and encourage rehabilitation of its housing stock. <br /> When a qualifying request is made, the City has provided financial assistance through <br /> its HRA to demolish aging residential buildings and construct new homes. By <br /> upgrading the residential buildings, the City is able to enhance the stability of the <br /> neighborhood and community through pride of ownership. <br /> Since 1994, the City through its HRA acquired and demolished two substandard <br /> residential buildings along Silver Lake Road, replacing them with single family <br /> residences. Both were eventually purchased by families with young children. The <br /> City has targeted several residential parcels throughout the City for redevelopment to <br /> either multi-family or single family dwellings. <br /> This spring, two multi-family developments, with assistance provided by the City's <br /> HRA, started construction. The Village Commons is a twinhome project being <br /> constructed in the northern portion of the City. This project will provide 24 two - <br /> three bedroom units. Previously, this property was vacant and secluded, which <br /> allowed for the dumping of various kinds of debris. The developer purchased the <br /> property and applied to the City's HRA for assistance to clean up the soils and add <br /> fill. These twinhomes will provide life-cycle housing opportunities, mostly for the <br /> senior citizen residents of St Anthony. <br /> The second project is located in the southern portion of St. Anthony. The Arbors is a <br /> townhouse project being constructed on property that had become run down and <br /> somewhat blighted. The project also required extensive grading due to poor soils and <br /> difficult topography. This developer too, applied for and received the use of HRA <br /> funds for soil corrections. The development will provide approximately 26 two - <br /> three bedroom units. <br /> The construction of these two projects has, in addition to supporting higher densities, <br /> also provided alternate life-cycle housing options to both the City's "empty nesters" <br /> and first time home buyers. The City in its redevelopment efforts will continue to <br /> encourage this type of housing redevelopment. <br /> • <br />