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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
Adjourned Meeting
February 27, 2019 - 1:15 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: Ken Dahler, (612) 673-2216

Consent

  1. 2 Project analysis authorization for Mino bimaadiziwin Project: 2105, 2019, and 2113 Cedar Ave S, and 1820 22nd St E This link open a new window(2019-00218)
    1. 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.

    2. 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.

  2. 3 Affordable Housing Trust Fund extension for Park7 Apartments, 615 7th St S This link open a new window(2019-00193)
    1. 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.

  3. 4 Minneapolis Small and Medium Multifamily Loan Program (SMMF Pilot) Guidelines This link open a new window(2019-00220)
    1. Approving the revision of Program Guidelines for the Minneapolis Small and Medium Multifamily Loan Program (SMMF Pilot).

    2. 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:
Mar 20, 2019
Submit written comments to:
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.