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City of Rochester Home Ownership Creation Program

It is the policy of the City of Rochester to promote and provide diverse and affordable housing options for residents. The City of Rochester Home Ownership Creation Program specifically addresses these goals by supporting the development of affordable housing.

Project Impact(s): Diversity and Inclusion, Governance/Public Policy, Housing

This project is in Available Phase

  • Explore this page to view Beam's assessment of the basic description of the project, its impacts and collaboration atrributes. Also shown are status reports related to the project.
  • Please click this Link to get to Beam's view of the project's strategy, expected results, and monitored metrics.

 

Program Guidelines

 

 


Pinned Reports on: City of Rochester Home Ownership Creation Program


Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.

 PB Reporting regarding TIF $14M Requests (Sherman and Prairie Ridge) 2024-12-14 

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Allocate $272,959.00 to Mayowood Phase II for fee waivers (frees funding for Home Ownership creation program)

2. Allocate $ 272,967 to revolving Abatement program for homeowners

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City Council's Committee at Large discussed Affordable Housing and Councilman Michael Wojcik's counter proposal. 

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Housing Related Event(s) => LINK


Reports on: City of Rochester Home Ownership Creation Program


Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.

 PB Reporting regarding TIF $14M Requests (Sherman and Prairie Ridge) 2024-12-14 

Read more ...



Allocate $272,959.00 to Mayowood Phase II for fee waivers (frees funding for Home Ownership creation program)

2. Allocate $ 272,967 to revolving Abatement program for homeowners

Read more ...


City Council's Committee at Large discussed Affordable Housing and Councilman Michael Wojcik's counter proposal. 

Read more ...


    


Other Community News and Reports having impacts on:

Diversity and Inclusion, Governance/Public Policy, Housing

 

 

Last modified by allnode on 2024/07/23
Created by support on 2019/09/17

 

 

 

Site Information
Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
About Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

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