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Agenda

Housing Policy & Development Committee Agenda

Standing Committee of the City Council
and
Minneapolis Community Development Agency Operating Committee
Minneapolis, Minnesota
Regular Meeting
January 8, 2019 - 1:30 pm
Room 317, City Hall
Members: Council Members Cam Gordon (Chair), Jeremiah Ellison (Vice-Chair), Kevin Reich, Lisa Goodman, Lisa Bender, and Jeremy Schroeder (Quorum: 4)
Committee Coordinator: Irene Kasper, (612) 673-2216

Public Hearing

  1. 2 Land sale for Penn Avenue Union affordable housing project: 2200 Golden Valley Rd, 1911 and 1915 Penn Ave N to Building Blocks, Inc. This link open a new window(2019-00044)
    1. Passage of Resolution approving the sale of the properties at 2200 Golden Valley Rd, 1911 Penn Ave N, and 1915 Penn Ave N to Building Blocks, Inc. or an affiliated entity for $119,820, subject to conditions.

  2. 3 Penn Avenue Union bond issuance: 2200 Golden Valley Rd, 1911 Penn Ave N, 1915 Penn Ave N, 1906 Queen Ave N, 1910 Queen Ave N, and 1914 Queen Ave N This link open a new window(2019-00043)
    1. Passage of Resolution authorizing final approval of the issuance of Tax Exempt Multifamily Housing Revenue Entitlement Bonds in an amount not to exceed $9,600,000 for the Penn Avenue Union project at 2200 Golden Valley Rd, 1911 Penn Ave N, 1915 Penn Ave N, 1906 Queen Ave N, 1910 Queen Ave N, and 1914 Queen Ave N.

Consent

  1. 4 Family Housing Initiative funding for the Penn Avenue Union affordable housing project: 2200 Golden Valley Rd, 1911 Penn Ave N and 1915 Penn Ave N This link open a new window(2019-00027)
    1. Approving a loan from the Affordable Housing Trust Fund's Family Housing Initiative for the Penn Avenue Union affordable housing project at 2200 Golden Valley Rd, 1911 Penn Ave N and 1915 Penn Ave N in an amount not to exceed $150,000, which increases the total award by $75,000 for a new cumulative total Affordable Housing Trust Fund award of $1,600,000, and authorizing execution of necessary documents.
  2. 5 Project analysis authorization for the Lake Street Housing - Phase I Affordable Housing Project: 410 and 414 W Lake St, and 2945 and 2943 Harriet Ave S This link open a new window(2019-00046)
    1. Authorizing staff to continue analysis of the Lake Street Housing - Phase I proposal at 410 and 414 W Lake St, and 2945 and 2943 Harriet Ave S, to determine if tax increment financing (TIF) is appropriate and justifiable.

    2. Authorizing staff to negotiate redevelopment contract terms and conditions and prepare a TIF Plan and any necessary Redevelopment Plans or modifications for the project. All terms and conditions, plans and other provisions would be subject to further City Council review.

  3. 6 2018 Metropolitan Council Livable Communities Demonstration Account (LCDA) Development, LCDA Pre-Development, and Transit Oriented Development (LCDA-TOD) grant awards This link open a new window(2019-00026)
    1. Accepting 2018 Metropolitan Council Livable Communities Demonstration Account (LCDA) Development grants in the amount of $1,650,000 for the Gateway Northeast project at 2435 Marshall Ave NE; $1,200,000 for Olson Towne Homes at 461 Girard Terrace; and $1,600,000 for the Minneapolis Apprenticeship and Training Center at 1200 Plymouth Ave N.

    2. Accepting 2018 LCDA-Transit Oriented Development (TOD) Development grants in the amount of $1,200,000 for Lake Street Apartments at 410 W Lake St, and $350,000 for The Peris Development at 1930 Hennepin Ave S.

    3. Accepting a 2018 Metropolitan Council Livable Communities Demonstration Account (LCDA) Pre-development grant in the amount of $100,000 for the Grainbelt Project at 9, 15,19, and 39 13th Ave NE and 74 14th Ave NE.

    4. Authorizing agreements to implement the LCDA and LCDA-TOD grants with the Metropolitan Council, CommonBond, Community Housing Development Corporation, Lupe Development, Peris Foundation, Renewable Energy Partners, or related entities.

    5. Passage of Resolution approving appropriation of funds to the Community Planning & Economic Development Department.

  4. 7 Metropolitan Council Livable Communities Local Housing Incentive Account (LHIA) grant for Maya Commons, Mino-bimaadiziwin, and Near North Minneapolis - Irving and James This link open a new window(2019-00058)
    1. Accepting the following grants from the Metropolitan Council, Livable Communities Local Housing Incentive Account (LHIA): Maya Commons, 1220 Brook Avenue SE, in the amount of $1,062,133; Mino-bimaadiziwin, 2105, 2109, and 2113 Cedar Ave S, in the amount of $344,700; and Near North Minneapolis - Irving and James, in the area around Irving and James Aves N, in the amount of $35,700.

    2. Authorizing agreements as may be necessary to implement the Metropolitan Council LHIA grants with the Metropolitan Council, and with Project for Pride in Living (PPL), Red Lake Band of Chippewa (RLBC Franklin Station), and Building Wealth MN and/or their related entities.

    3. Passage of Resolution approving appropriation of funds to the Department of Community Planning & Economic Development.



Notice: A portion of this meeting may be closed to the public pursuant to MN Statutes Section 13D.03 or 13D.05
Actions referred to Council: Jan 18, 2019
Next Committee meeting: Jan 22, 2019
Submit written comments to: [email protected]

For reasonable accommodations or alternative formats please contact the City Clerk's Office at 612-673-2216 or e-mail [email protected]. People who are deaf or hard of hearing can use a relay service to call 311 at 612-673-3000. TTY users call 612-673-2157 or 612-673-2626. Para asistencia 612-673-2700 - Rau kev pab 612-673-2800 - Hadii aad Caawimaad u baahantahay 612-673-3500.