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Fergus Falls HRA unveils housing study plan, rehab loan options and Small Cities grant prospects
Summary
The Fergus Falls HRA told the committee it will launch a three‑month housing needs analysis to guide planning through 2036, outlined homeowner rehab loans (up to $37,500, 15‑year deferred/0% loans), and described pursuit of a neighborhood‑based Small Cities Development Program grant that could support commercial and residential rehab.
The Fergus Falls Housing and Redevelopment Authority (HRA) presented an update and outlined a plan to begin a comprehensive housing needs analysis this spring.
Michael Olsen of the HRA said the study will update city housing data last refreshed roughly six years ago, provide inventory and condition assessments, and forecast needs through about 2036. “The purpose for us is really to help guide the planning process for what we need for housing in the city over the course of the next 10 years,” Olsen said. The proposed data‑gathering phase is about three months with a presentation by the…
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