Loading...
HomeMy WebLinkAbout[07b] Housing IncentiveCITY OF ST. JOSEPH W*V. cityof stjoseph.com Date: January 15, 2014 Memo To: Members of the EDA City Administrator Weyrens Memo From: Cynthia Smith - Strack, MDG, Inc. Administrator Judy Weyrens RE: Housing Incentives Mayor Rick Schultz Background: At the previous meeting Mayor Schultz inquired as to what follow up the EDA planned as a Councilors result of the real estate roundtable discussion at the close of October. He noted interest in Steve Frank offering incentives for new home construction remained on the part of local real estate Bob Loso agents. Schultz specifically mentioned fee reduction and /or development partnering. Renee Symanietz Osberg requested a break out of fees charged for new residential units in 2013 be provided Dale Wick for the January EDA meeting as a means of discussing potential fee reduction. EDA Attached please find a summary of fees applicable to each of the six new home permits Doug Danielson issued in 2013. As evident they range from $9,200 to about $9,800 per home. Steve Frank Gary Osberg In addition I have attached an article from the St. Cloud Times indicating a "Build it in St. Larry Hosch Cloud" program was allowed to expire in 2013 with the efficacy of the program Dale Wick undetermined. It's noted Sartell and Sauk Rapids did not offer such a program. Also attached is information from several smaller communities in greater Minnesota that have offered fee reductions and tax abatement for home owners. The final attachment is a program in the City of Perham offered in conjunction with local employers as a means of inciting 'workforce housing'. Request: In order to focus in on potential incentives and promote productive discussion the following discussion outline is offered for consideration. Please note this doesn't mean an incentive program is being recommended. Also, please note if such a program would be offered it would be not be funded by the EDA. If such a program is suggested presumably the cost could be $50,000 to $100,000. Those funds would not be available for other uses (i.e. extension of water and sewer to 94) in the future. Public use of funds. Public expenditures can't be used to benefit private entities. Typical public purposes include: removal of slum /blight, benefit to low /moderate income persons, removal of urgent public threat, provide for the public's health, safety, and welfare. The use of public funds for a public purpose must be kept in mind when discussing incentive programs. Benefittinci entity. An important component of any discussion about fee reduction is what entity will be the beneficiary. For example will home buyers receive the direct benefit for fee reduction? Could home builders constructing a spec home benefit, if so should there be a mechanism to require savings be passed on to the end user? Should real estate agents receive a benefit? Lot owners /developers? Apartment owners? Is a clawback provision warranted? III. Limits of the program. Should the incentive be targeted to only new construction? What about demolition /reconstruction or major remodeling /additions? IV. Program structure. Define the actual incentive. Will it be waiving of WAC /SAC? Deferring WAC /SAC? Waiving of building permit fee (still have to pay inspector)? Waiving of utility fees for a specified period of months? Tax rebates /abatement? V. What are we trying to encourage? What is the program goal — new housing construction anywhere, new houses being built on tax forfeit lots, construction of move up housing, construction of starter houses, and /or construction of work force housing? VI. How will the program be rolled out? If to builders, how are they notified. How do you make the program fair and free (first come first served, lottery). How do you target the benefit to achieve policy goal? On a related note, I verified with the City of Sartell the action taken in November of last year to `simplify' the development process was to provide for administrative review of multiple family, commercial, and industrial building site plans. This is an action the City of St. Joseph took a few years ago. Action: This item is for discussion purposes only. 3� C w N O N O O to 0� O Z d H t0 A fb vi N M N N N N N N N N N ,� N O n O O O O O O O ' O O O O O rl O O O N C p w 3 p w w w or w w w w w w w w w o w w w Z 0 0 0 0 o o 0 0 0 0 0 0 0 0- 207C 0 0 0 C O � O O O M 0 0 0 , O O p aq W W w 0 00 00 al In w w 00 m W 00 to w O O A S 0J cz 3 0° N O a r N N N N t+ N C O a~i O O Vii Q �D » 4 O N O O O 7 p A O 000 O O O N N W A D In tD tp In l0 W lD tD tD V tD lD W ID w 00 N to to tD to to 00 to In p to V1 tD to /.il p oo O O ID O O w O O tD O O tD O O tD V O ID O O w O O w O O ID O O ID 0 a1 t w to to li 0088 88 8 88 888 0 N N W W W W N 00 to A lAn O V N O a1 O O n N O W O O O A ? A A A * { 8 Vf iR Vf O O O O O 8 O to Lf lA N to lA to In O O O N N N N N * W W W W w O O O O O 8 - - N In -- W W N O O N O O 8 O 8 O O 8 N 0a 3 3 Al 3� W w W W w A 8 0 0 0 8 Vf iR Vf �A to L1 Vf to Vf Lf Vf N iA to Vf N to Lf lA N to lA to In A �+ -�O lD tD tD �O tD t0 tD l0 tD � C 00 Ln V N to N F - O - - N In -- W W N � N 0n 0 w O O to O O O O FA O O r A O O A w w d d N IN V A O O A a1 O O a1 A O O A O O A A 0 Pb to O O lo w O O to `° w 00 w a1 O 01 tD O O tD V 00 V tD 80 t'D 'o 8 8" a T a o_ a ? v 0 m It- m C + + + + + or w a ° n Gl w z o 0 n 0 n 0. z O m s s 5 v a w m F ao o w �' D a m m D m n m on v a ao H m N r s H 3� http: / /www.sctimes.com /article /20131216/NEWSO1 /312160072/St- Cloud- ends - home - construction - incentive - program 5t. Cloyl ends home construction incentive program *Watt n by Kari Petrie Jan. 07 b e C SCtlrYteS.COm Taking a wait and see approach, the St. Cloud City Council decided Monday to allow a housing incentive program to sunset. The Build It in St. Cloud program was created to encourage home construction by reducing single - family housing permits by $1,500. The program is set to expire at the end of the year, and the council has been discussing whether to continue it. Council member George Hontos, who came up with the program, said he was comfortable letting it end. He said they should let developers come to the city if they see a need to spur more building and brainstorm ideas. The program started in July 2012 by reducing single- housing permits by $1,500 for the first 35 permits. By the end of that year, 35 permits were issued. In January, the council voted to extend the program from March until September with a new focus on half of the 30 permits being used for foreclosed lots. Of the 22 issued during that time frame, seven were for foreclosed lots. In a report to the council, city staff say they have no reasonable method to see if the program was effective. Council members have said that they want to focus more on encouraging people to buy foreclosed lots. Foreclosed lots become a burden to the city because special assessments remain unpaid for those lots. From 2007 to 2012, the city had more than $6.8 million in uncollected special assessments. When foreclosed lots are sold, the city reassesses unpaid special assessments. In 2011, 301 lots were put on sale at auction and 87 were sold. Another 115 lots will be put up for sale in 2014. Follow Kari Petrie on Twitter @karipetrie. Page 1 of 1 Jan 08, 2014 03:15:13PM MST I na I NEW Con _� IVA X11 City of Eyotc Now xtion -Dome usiness Incentives Total Permit Savings $29250 Residential & Commercial New Construction fees waived. townj°VInmall 0 small school l S sizes for your chlldrenl It 0 Development, Land and Lot Opportunities Available Contact our EDA Director for site selection & additional info City Hall - Eyota 507 - 545 -2135 eyota,govoffice,com 37 • R2: Multi Family Site • 13 Acres for Partially Developed Residential Lots • 28 Acres Zoned Industrial w /Rail Access • Ask about the NEW Keefe addition • 3 Single Family Lots, priced mid 20's • Townhome Lots $7,500 Favorable Financing Terms EASTW00 BANK Chris Wooner Eastwood Bank 507 - 252 -2805 � Premier !slow Banks Gene Miller Q Premier Bank _ 507 - 285 -3853 Fin— County Seat Page 1 of 5 2011 Preston Housing Incentive Preston, MN Economic Development Contact: Cathy Enerson, EDA Director www.prestommn.org 507- 765 -2153 #1 New Construction - Resid Waive Building Permit Fees: per structure Waive Utility Hook -Up Fees: per unit City Utility Credit ($75.00 per month for 5 Months): per unit Preston Public Utility Energy Rebates $1,000 Preston $'s When construction is complete: per unit Free 1 year family golf membership at Preston GC Two Free City Trees (Tree city Program) (Trees per unit unless multi- housing, then one per unit.) ential, City of Preston Value: Up to $60.00* Value: Up to $675.00* Value: $375.00 ** Value: Up to $500.00 Value: $1,000.00 ** Value: Up to $475.00 ** Value: Up to $200.00* total Value: Up to $3,285.00 Limited to 3 applications. *Program is available to Spec home builders ** Program is available to Spec builders. However these funds are only reserved for the property buyer for 1 year from EDA approval.. The golf membership, Preston bucks and city Utility Credits are not intended for the spec builders use but rather the buyer of the property. #2 Purchase Existina Residential, New Residents to Preston City Utility Credit ($50 per month for 5 Months) Value: $250.00 $300.00 Preston Bucks Value: $300.00 City Utilities Energy Audit Rebate Value Up to $75.00 Free Family Pool Pass Value: $90.00 Free Family Golf Membership (Preston GC) Value: $475.00 Two Free City Trees for the property Value: Up to $200.00 Preston Public Utility Energy Rebates Value: Up to $500.00 Total Value: Up to $1,890.00 Limited to 3 applications #3 Housing Improvements (not including Decks or shingling: Minimum Investment $5,000) Waive Building Permit Fees up to: Value: $30.00 City Utilities Energy Audit Rebate Value: $75.00 Preston Public Utilities Energy Credit Value: Up to $500.00 City Utility Rebate ($45.00 per month for 5 months) Value: $225.00 $300.00 Preston Bucks Value: $300.00 Two Free City Trees for the property Value: Up to$200.00 Total Value: Up to $1,330.00 Limited to 3 applications Applications found on page 5 of this PDF document 3� Crookston Development Authority:: The City of Crookston Housing Incentive Program Page 1 of 1 Maps . Two year property tax abatement. The abatement can be Job Opportunities taken up front for down payment assistance, or over a two year period of time. Free Water Hookup. • Free Sewer Hookup. • Free Two Months Water, Sewer and Garbage. • Free swimming pool pass. • One $50 Park & Recreation Certificate Per Child. . 50 Free Garbage Bags. . 4 Free Recycling Bins. Boulevard Trees. Ends December 31, 2013 For more information contact: Angelica Hoeffner at (218) 281 -4503 - City Hall 510 County Road 71, Crookston, MN 56716 : 218 - 470 -2000 : 218 - 470 -2005 FAX (c) 2005 - 2006 Crookston Housing & Ecnomic Development Authority. All Rights Reserved. I Disclaimer ) ,1 http: / /www.crookstoneda .com/housing/index.htm 1/8/2014 ltOlt5lNd 3 ECONOMIC DEVELOPMEN yt''`= °` Starch our aks Search OOI� About CHEDA Links I Video I Contact Us Home Housing his Year's Incentives 9 Evergreen Estates Our Community ter_ Eickhof 3rd Resubdivison News & Current Projects THE CITY OF Other Developments Available Property Business Assistance • -- Housing •• 2013 Housing Incentives New Construction DIRECTORY OakCourt - Assisted Incentives gtolonvillIng Living Section 8 Voucher The City of Crookston is offering a Housing Incentive Program. Useful Housing Links Purchase any privately owned lot withing city limits and receive these exciting incentives. Training Opportunities j al Maps . Two year property tax abatement. The abatement can be Job Opportunities taken up front for down payment assistance, or over a two year period of time. Free Water Hookup. • Free Sewer Hookup. • Free Two Months Water, Sewer and Garbage. • Free swimming pool pass. • One $50 Park & Recreation Certificate Per Child. . 50 Free Garbage Bags. . 4 Free Recycling Bins. Boulevard Trees. Ends December 31, 2013 For more information contact: Angelica Hoeffner at (218) 281 -4503 - City Hall 510 County Road 71, Crookston, MN 56716 : 218 - 470 -2000 : 218 - 470 -2005 FAX (c) 2005 - 2006 Crookston Housing & Ecnomic Development Authority. All Rights Reserved. I Disclaimer ) ,1 http: / /www.crookstoneda .com/housing/index.htm 1/8/2014 New Housing Developments - Dilworth, MN Page 1 of 1 Home City Officials City Departments City Information Parks and Recreation Community Information CodeR Council Meeting Minutes City Jobs City News Helpful Links Calendar Flood Insurance Rate Map In Community Information: Businesses DGF Public Schools Directory of Universities and Colleges Local Churches Loco Daze Celebration New Housing Developments Summerwood Addition Local Organizations Additional Service Information Wheels for Wishes Check out the Woodbridge / East View Addition Looking to build a new home in an established neighborhood? Eastview Land Development has many single family or twin home lots available. This growing development is located in the northeast corner of Dilworth. For more information call Rick Halvorson at 701 - 238 -1709 or visit the website at www.woodbridgeaddition.com. The City of Dilworth is also offering the following incentives for any new home built in the city in 2013: - TWO (2) YEAR TAX ABATEMENT ON CONSTRUCTION STARTING 2013 - NO CAP ON VALUE (contact City Hall @ 218- 287 -2313 for details) - FREE City Utilities ($2,000 or for two years, whichever comes first) (Building permit must be issued on any vacant lot in the city in 2013) - FREE Family Pool Pass (for two years) (Building permit must be issued on any vacant lot in the city in 2013 *City Incentives are not transferable from one homeowner to another. When sold, all remaining incentives that exist at the date of closing, will terminate at that time. (This does not include a contractor selling real estate to a homeowner unless the contractor homesteade the property prior to the sale.) Property incentives, as ilsted above, are available only upon the issuance of a certificate of occupancy (CO). For your convenience the Lot Prices & Specials along with plat maps are attached below. The available lots are listed on the spreadsheet. Woodbridoe 3rd addition Covenants.pdf Woodbridge 4th addition Covenants.odf Woodbridge 5th addition Covenants.odf P.O. Box 187, 2 1st Avenue SE, Dilworth, MN 56529 Home I City Officials I City Departments I City Information Parks and Recreation I Community Information I CodeRED I Council Meeting Minutes I Citv Jobs I City News Helpful Links I Calendar I Flood Insurance Rate Map Powered by GovOffice.com http : / /www.dilworthcitymn.com/index. asp ?Type= B_BvASIC& SEC= %7B42EC2106 -E502- 4161 -83... 1/8/2014 Welcome to LeRoy Minnesota! Page 1 of 1 Home Government Community Businesses Tourism Recreation Contact Housing Incentives for new home construction include No hook -up fee for water and sewer Waive the building /zoning fee • Two trees donated by the LeRoy Tree Board $1500 LeRoy Dollars Guidelines Eligible applicants are first -time residential homeowners to the City of LeRoy and builds a new home within the LeRoy city limits. Also in this section: City Officials Services Economic Development Housing Incentives O� I J V The City of LeRoy 122 IN Main Street, Box 359 1 LeRoy, Minnesota 55951 (507) 324 -5707 Icityclerkovisitleroy.com 7 http:// www. visitieroy .com/houseincentives.html 1/8/2014 Growth Incentive Program CIT OF J, MIA , V st ritage, Bright Future Starting January 1st, 2014 the First 3 New Single Family Homes constructed in the City will receive $10,000 towards: * Free WAC & SAC (value of $9,700) * Free 2nd Water Meter (value of $300) Details: WAC & SAC fees to be paid by the City, if the following conditions are met $160,000 minimum home value Building permit must be issued by 12/31/14 Free 2nd water meter For more information contact City Hall (320) 558 -2428 or email svergin @clearwatercity.com f� Z Employer Assisted Housing Program - City of Perham Home The City City Council Resident Services City Departments Business Development Ordinances City Calendar Helpful Links For City Employees In City Departments: City Staff Directory Administration Building and Zoning Economic Development Finance Airport Fire & Rescue Police Housing Tax Increment Financing Employer Assisted Housing Program Library Liquor Store Public Works Search Go (!!!Full Site C1 This Section Search Tios Pagel of 3 EM Assists Housing Nvm Employer Assisted Housing Program The Employer Assisted Housing Program is *� designed to provide gap financing to those who want to build a new home, purchase a newly constructed home, or purchase a previously owned home within the City of Perham. Based on the requirements, you may be eligible for up to a $15,500 - financing package! Gap financing is then utilized for closing costs and to lower the purchase price of the home. Financing packages are a combination of loans and grants. The loans that are provided are in the form of a 30 year, 0% interest deferred second mortgage that are due when the home is sold, the buyers fails to occupy it as a primary residence, or the first mortgage is satisfied. The HRA of Perham would like to thank KLN Family Brands and Arvig for their support in providing this program! How Does it Work? Employers in the Perham community have donated funds to the HRA of Perham. The HRA utilizes those funds and various other housing funds to create financing packages based on eligibility (all programs are subject to funding availability): HRA of Perham Employer Assisted Housing Program • Perham HRA provides a loan of up to $3,000 per homebuyer. You must be employed in, or within 1/2 mile of the City of Perham and obtain a letter of support from your employer. KLN / HRA of Perham Employer Assisted Housing Program • If employed at KLN Family Brands (Barrel 0' Fun, Tuffy's, Kenny's Candy, or Nutheads) and obtain a letter of support from them, the Perham HRA provides a loan of up to $3,000 per homebuyer. Greater Minnesota Housing Fund (GMHF) • Greater Minnesota Housing Fund (GMHF) provides a grant of up to $2500 per homebuyer. GMHF guidelines will need to be met. In addition to one of the loans packages listed above, the incentive plan totals $5,500. KLN Family Brands (This program is not administered by the HRA of Perham) i� http: / /www.ci.perham.nm.uslindex.asp ?Type= B_BASIC &SEC= { 3613ECEC- B52D- 4FF6- ABC9 -9... 1/8/2014