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E. NEIGHBORHOOD REINVESTMENT/REVITALIZATION <br />GOAL <br />Create neighborhoods which offer safe, healthy places to reside with services <br />available to serve people of all ages. Cities must recognize that making <br />neighborhoods work for children and elderly make them work better for <br />everyone and enhances their desirability as places to live. <br />RECOMMENDATION <br />ddress neighborhood rcinvcstment/revitalization with a multi-£uxted approach that <br />conskkrs the desires of neighborhood lesklents, neighborhood and surrounding land uses, <br />size, density, transportation impacts and other relevant issues in determining action steps. <br />ROLE OF STATE GOVERNMENT <br />* Increase the availability of affordable housing oppoituniries (both owner and rental <br />properties). <br />* Promote greater city*county*iegional*state cooperation and interaction in providing <br />affordable housing. <br />* Reduce the level of concentration of deteriorated and/or low income housing in areas of <br />poverty within the Twin Cities. <br />* Provide incentives for middle income fairiilies to Invest in homes in neighborhoods with <br />concentrations of poverty. <br />* Provide a combination of incentives and financing mechanisms to remove and replace <br />market-obsolete, decayed housing. <br />* Repeal the state law that requires 1:1 replacement of low income housing within the <br />same city. <br />* Re-examine options for tax relief for rental property owners in an effort to provide better <br />quality affordable rental housing. <br />a Urban Strategies Task Force Report