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
Authorizing staff to continue analysis of the Mino bimaadiziwin proposal at 2105, 2019, and 2113 Cedar Ave S, and 1820 22nd St E, to determine if tax increment financing (TIF) assistance is appropriate and justifiable.
Authorizing staff to negotiate the terms and conditions of a redevelopment contract with RLBC Franklin Station, LLC or an affiliated entity and prepare any necessary redevelopment and TIF plans for the project as needed. All such terms conditions, plans and other provisions would be subject to further City Council review.
Approving the extension of the 2015 Affordable Housing Trust Fund (AHTF) Award for Park 7 (615 7th St S) to allow AHTF funds to be available for project costs until Dec. 31, 2020.
Approving the revision of Program Guidelines for the Minneapolis Small and Medium Multifamily Loan Program (SMMF Pilot).
Authorizing staff to make revisions to a 3-year Participation Agreement with Local Initiatives Support Corporation (LISC) for the SMMF Pilot consistent with the guideline changes.
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:
Mar 1, 2019
Next Committee meeting:
Feb 27, 2019
Submit written comments to:
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