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EDC Minutes <br /> July 21, 2020 <br /> Page4of6 <br /> ----------------------------- <br /> • Use the Housing Trust Fund to incent new construction <br /> • Host Developers onsite to build interest <br /> Policy& Regulation Recommendations <br /> • Encourage municipalities to expedite development approval process <br /> • Consider flexible, less restrictive zoning to allow for more (and more <br /> affordable) housing types <br /> • Explore a premier resort tax to fund housing for seasonal workers <br /> • Grant density bonuses for small-footprint developments <br /> Recommendations for Programs and Incentives <br /> • Work with employers to create a Down Paymen��tance Program to <br /> boost home ownership <br /> • Supplement a program to support housing r ` '#ation <br /> • Encoura e lar e seasonal em lo ers to �'vide in for em lo ees. <br /> 9 9 P Y !� � ���, 9 P Y <br /> Encourage them to create a program �or rc�tammate��! host-family <br /> pairing ��y- <br /> • Assist small businesses with pooiing resources to increa�t,�ptions for <br /> seasonal workers <br /> • Incent developers who provide a miX�Df hot�sirtg price-pointswithin their <br /> developments <br /> Support Development of Creative Housing TypeS <br /> • Accessory dwelling units <br /> • Pocket neighborhoods <br /> • Co-op housing <br /> • Campgrounds with cabins for seasonal workers <br /> � Dormitory�tyle.t�ousing <br /> • Container home�.or tiny-home Villages <br /> Commissioner tubice ir�uired about the Small Cities Grants presentation Mr. <br /> Schommer gave to the Ctirnixiission k'�st year. Mr. Schommer stated the Small <br /> Cities Grant needs to d�monstrate a need and interest for improvements, <br /> unfortunately in Pequot Lakes there was not enough residential interest for the <br /> grant. The primary focus h��to be low income housing but can help with <br /> commercial rehab also if re�idential interest is high enough. <br /> Commissioner Lelwica inquired if the City of Pequot Lakes will apply again in <br /> 2021 for the Small Cities Grant. Ms. Duus stated that the City will try again next <br /> year for the Grant. Mr. Schommer stated that the HRA would like to help the City <br /> with the process again for 2021. <br /> 5. 2021 Economic Development Preliminarv Budqet—Anpie Duus <br /> Ms. Duus gave the overview of the 2021 preliminary budget along with the 2020 <br /> actual, used and variance. <br /> Commissioner Lubke inquired what the remaining $5,000 will be used for and if <br /> not used will it just go away. Ms. Duus stated it will go back to the General Fund <br />