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05-19-25 HRA Work Session MinutesHOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Work Session Meeting May 19, 2025 CALL TO ORDER Chair Vrieze Daniels called the meeting to order at 6:00 PM in the Bartholomew Room. HRA Present., Erin Vrieze Daniels, Chair; Sean Hayford Oleary; Gordon Hanson; John Young. HRA Absent. Mary Supple Staff Present: Melissa Poehlman, Executive Director; Julie Urban, Assistant Community Development Director; Hilary Lovelace, Housing Specialist; and Michelle Friedrich, City Clerk. ITEM #1 PRESENTATION ON THE RESULTS OF THE EVALUATION OF THE HOUSING AND REDEVELOMENT AUTHORITY'S HOUSING PROGRAMS Chair Vrieze Daniels introduced Assistant Community Development Director Urban, to present the Housing and Redevelopment Authority (HRA) housing programs. Assistant Community Development Director Urban noted Housing Specialist Hilary Lovelace was also presenting. Staff provided an overview of the HRA housing programs which included evaluation of programs, goals and policy review, and expenditures within programs. Staff reviewed summary findings and noted adaptability of programs to market changes and conditions, increasing impact within programs, sustained and tentative revenue sources, and fund balances. The HRA and staff discussed housing program priorities, noted the importance of the first-time homebuyer program and post purchase resource assistance, discussed administrative program updates within the fix - up program regarding interest rates and median area income, and noted the remodeling and conservation program as an attractive resource for potential buyers. The HRA and staff discussed future tracking of projects to ensure housing program projects are completed, and reviewed escrow collection in cases where projects are not initiated or completed. Staff noted revisions to programs as discussed would be presented as a final version in June. ITEM #2 ADJOURNMENT This meeting was adjourned by unanimous consent at 6:51 p.m. Date Approved: June 16, 2025 Michelle Friedrich City Clerk -q h/\nYL-� Erin rieze Da k Is HRA Chair M issa f7behiman Executive Director