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2023.02.14 WS Packet
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2023.02.14 WS Packet
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Production Strategy:Senior Cooperative Development <br />Context <br />New Brighton offers multiple senior housing options, but there is interest in additional cooperative-stye <br />senior housing to accommodate seniors who want to remain in an ownership setting. <br />Objective <br />Attract a senior cooperative development to New Brighton. <br />Strategy <br />Invite interest from a developer with a track record of building <br />senior cooperatives. Work closely with the developer in <br />identification of a suitable site. <br />Resource requirements.Time investment in networking, <br />site search <br />Some level of public financial support in the form of <br />tax increment financing or tax abatement may or may not <br />be required.New Brighton Housing StudyCase Study: <br />Applewood Pointe, <br />Roseville
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