The Rockford Housing and Redevelopment Authority (HRA) plays an important role in the City of Rockford. The HRA has authority to borrow money, acquire property, and operate housing projects as per MN Statutes 462. The Rockford HRA is made up of five members which are the same as the city council. The HRA meets quarterly on the 4th Tuesday at 6:00 p.m. in the Council Chambers of City hall.
The HRA provides No Interest Loans to businesses, assists existing businesses with expansion plans, provides resources available. The HRA is actively assisting commercial property owners to find developers for their sites. The HRA acquired a commercial property along Highway 55 and will be leasing the home on the site until a commercial development is proposed.
The HRA completed a senior housing study to determine whether there is a need for senior housing in Rockford. The HRA fund also finances an Economic Development Consultant who has provides assistance for businesses, contacts potential developers on behalf of the city and markets available property, etc.
The HRA has been financially assisting the Crow River Food Co-op committee with their efforts and paid one-half the cost of the feasibility/market study for the food co-op. The HRA applied for funding for the feasibility/marketing study and received a $3,000 grant for one half of the study. The HRA also provides office supplies, staff assistance, advertising, etc. for the Crow River Food Co-op. The Crow River Food Co-op is trying to fill a need in the community by opening a members owned grocery store.
Upcoming Meeting Dates
- January 28, 2014 at 7pm
- March 25, 2014 at 6pm
- June 24, 2014 at 6pm (rescheduled to July 22nd at 5:30 pm)
- September 23, 2014 at 6pm
- December 23, 2014 at 6pm