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• <br /> I PART IV <br /> REGULATORY AND DEVELOPMENT FUNCTIONS OF CITIES <br /> CHAPTER 16: COMMUNITY DEVELOPMENT AND REDEVELOPMENT <br /> I. Criteria for awarding business subsidies required............................................................... <br /> II. Structures......................................................................................................................................................4 <br /> A. Housing and redevelopment authorities...................................................................................................4 <br /> 1. Elements of an HRA.................................................................................................................................5 <br /> 2. Area of operation......................................................................................................................................5 <br /> 3. Membership..............................................................................................................................................5 <br /> 4. Powers......................................................................................................................................................6 <br /> 5. Contracting...............................................................................................................................................7 <br /> 6. Financing..................................................................................................................................................7 <br /> • 7. Certifications to state................................................................................................................................7 <br /> 8. Federal certification..................................................................................................................................8 <br /> 9. Pros and cons of the HRA........................................................................................................................8 <br /> a. Pros.......................................................................................................................................................8 <br /> b. Cons......................................................................................................................................................9 <br /> B. General city development powers............................................................................................................9 <br /> C. Economic development authorities/port authorities...............................................................................10 <br /> D. Municipal or area redevelopment agencies............................................................................................11 <br /> E. City development districts................................................................................................................. 11 <br /> F. Municipal industrial development.................................................................................................. <br /> G. Minnesota Housing Finance Agency......................................................................................................12 <br /> H. Department of Trade and Economic Development................................................................................13 <br /> I. Minnesota Technology, Inc....................................................................................................................14 <br /> III. Programs.....................................................................................................................................................14 <br /> A. Housing bonds........................................................................................................................................14 <br /> • <br /> I HANDBOOK FOR MINNESOTA C F-s 16-1 <br /> This chapter last revised 12/15/2004 <br />