2040 Comprehensive Plan: Envision Shakopee

FIGURE 3.12 PROJECTEDHOUSINGNEEDS TOOLMATRIX

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PRESERVATIONOF NATURALLYOCCURINGAFFORDABLE HOUSING AVAILABLE TOOLS » » Partner with Scott County to explore a possible local Community Land Trust to support existing affordable homeownership options in Shakopee. » » Look for opportunities to partner with nonprofits in preservation of NOAH in Shakopee. The Greater MN Housing Fund is spearheading a second round of thier NOAH Impact Fund which looks to raise money to preserve up to 1,000 NOAH units state wide. » » Consider a 4d program for potential tax incentives for owners of NOAH units to keep properties affordable to residents in the future. » » The city would consider supporting a Housing Improvement Area (HIA) if the residents of a condo or townhome association sufficiently demonstrate the need and support for such action from the City.

HOMEMAINTENANCE FOR LOW INCOME HOME OWNERS

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» » Referrals: The city will review and refine city procedures for referencing residents to applicable housing maintenance programs offered by other agencies listed on page 88. » » Apply for home improvement and weatherization funding through available sources like the Low Income Housing Energy Assistance Program and Assets for Independence (if program receives federal appropriation in the future). » » Partner with state agencies and local non-profits for additional funding opportunities . » » The city would consider supporting a Housing Improvement Area (HIA) if the residents of a condo or townhome association sufficiently demonstrate the need and support for such action from the City.

91 ENVISION SHAKOPEE | SECTION III: COMMUNITY ENVIRONMENT