Laserfiche WebLink
<br />Commissioner Dehen asked if Commissioner Elvig was suggesting that the HRA provide monies <br />for first time homebuyers. <br /> <br />Commissioner Elvig stated that he wasn't sure, but that would be a possibility and gave the <br />example of low interest loans the City of Anoka gave with some of their "fixer upper" type <br />homes. He suggested that perhaps Ramsey could have a 2% loan option for help with down <br />payments. <br /> <br />HRA Executive Director Frolik stated that both Minneapolis and Coon Rapids have these types <br />of programs and noted that certain neighborhoods can be targeted. She noted that she had also <br />included a map of home foreclosures in Ramsey. <br /> <br />Chairperson Olson suggested that some space be devoted in the newsletter to educate people <br />about these types of programs. <br /> <br />Commissioner Elvig suggested that staff put together some possible programs for future <br />discussion. <br /> <br />Chairperson Olson suggested that the City could also sponsor a forum and people can corne in <br />and talk to whoever may be interested, even beyond first time buyers. <br /> <br />COMMITTEE REPORTS <br /> <br />None. <br /> <br />EXECUTIVE DIRECTOR'S REPORT <br /> <br />None. <br /> <br />COMMISSIONER INPUT <br /> <br />None. <br /> <br />ADJOURNMENT <br /> <br />Motion by Commissioner Elvig, seconded by Commissioner Jeffrey, to close the regular meeting <br />of the Housing and Redevelopment Authority. <br /> <br />I <br /> <br />Motion carried. <br /> <br />i <br />i <br />i <br />The regular meeting of the Housi~g and Redevelopment Authority adjourned at 7:00 p.m. <br />I <br /> <br />Respectfully submitted, I <br />I <br />i <br /> <br />Housing and Redevelopment Authority / May 13, 2008 <br />Page 5 of6 <br />