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8/20/2025 <br />10 <br />19 <br />Increasing the flexibility of HRA funding <br />• County remains steadfast in its prioritization of affordable housing. <br />– Arrival of Local Affordable Housing Aid (i.e. housing sales tax) is providing added <br />flexibility <br />• Partial disbursement in 2024. Full disbursement in 2025 (estimated at $14M). <br />• Increases flexibility in funding business programming. <br />– Currently County’s General Levy supports $345,000 in business programming. <br />– Initial plan is ~$2M of HRA Levy (15%) towards business programming. <br />• Geographic parity of HRA levy spending remains. <br />20 <br />Looking Forward <br />2025 – Legislative Request Approved <br />• Reimagination Resource Center <br />– Received responses to RFI on April 29 <br />th. RFP Responses due Aug 26th. <br />• Continued support for existing business programming portfolio <br />– Open to Business; CEO Now, CEO Next, RamseyCountyMeansBusiness <br />• EDA: Opt-in Process (End of Legislative Session – July 2026) <br />• Jan. 2027- Start of HRA Levy funded Business Programming <br />14