. YEAH . >> LIKE TO CALL TO ORDER THE TUESDAY SEPTEMBER 9TH HRA BOARD MEETING.
FIRST ITEM IS THE APPROVAL OF THE GENDA. ANY EDITS OR CHANGES? MAY I HAVE A MOTION TO APPROVE
THE AGENDA. SO I'M SAYING MOVE BY BILL BOLINGER AND SECOND BY COMMISSIONER MUIR. ALL IN FAVOR I MOTION PASSES SIX ZERO.
NEXT ITEM IS THE APPROVAL OF THE MINUTES OF THE AUGUST 26TH 2025 BOARD MEETING MINUTES. ANY EDITS OR CHANGES DISCUSSED
? MAY I HAVE A MOTION TO APPROVE THE MINUTES SO SECOND MOTION MOVE BY COMMISSIONER E'S SAY AND SECOND BY COMMISSIONER DOUBLING HER ALL IN FAVOR I
MOTION PASSES SIX ZERO. ALL RIGHT. NEXT IS NEW BUSINESS. WE'RE IN A PUBLIC HEARING ABOUT THE PURCHASE AND
DEVELOPMENT FOR 842284408446 AND 8452 HUMBOLDT AVENUE. MAY WE HAVE THE STAFF REPORT? THANK YOU, CHAIR COMMISSIONERS
A LITTLE BIT OF A MOUTHFUL ON THE FOUR ADDRESSES THERE SO WE COLLECTIVELY CALL THEM THE RALPH FLATS BECAUSE THEY WERE ORIGINALLY PURCHASED WITH
RIGHT OF WAY ACQUISITION LOAN FUNDS OR RALPH OR SOMETIMES WE JUST CALL THEM THE HUMBOLDT LOTS AS WELL. BUT AS YOU MENTIONED THIS IS A PUBLIC HEARING BECAUSE WE ARE LOOKING TO SELL THESE PROPERTIES TO TWIN CITIES
HABITAT FOR HUMANITY. SO TO GIVE YOU A LITTLE BACKGROUND ABOUT THESE PROPERTIES, THEY WERE ORIGINALLY ACQUIRED BY THE CITY LIKE I SAID WITH RIGHT OF WAY ACQUISITION LOAN FUNDS
OR RALPH THEY WERE HELD BY THE CITY FOR FUTURE NEEDS FOR MINDAT THESE FOLLOW ALONG HUMBOLDT AVENUE WHICH IS THE FRONTAGE ROAD ALONG 35 W SO
THINKING IF 35 W NEAR TO EXPAND THEY WIND TO HOLD THESE PROPERTIES BUT AFTER HOLDING THEM FOR CLOSE TO 1520 YEARS THEY REALIZED DON'T ACTUALLY NEED THIS FOR ANY FUTURE
EXPANSION AND THERE'S ACTUALLY A HIGHER AND BETTER USE FOR THESE LOTS RATHER THAN JUST SITTING HAVING THEM SIT VACANT. SO IN 2023 KNOWING THAT WE WERE GOING THROUGH THE BLOOMINGTON AFFORDABLE
HOMEOWNERSHIP PROGRAM AND LOOKING TO EXPAND DIFFERENT OPPORTUNITIES FOR SINGLE FAMILY DEVELOPMENT, THEY ACTUALLY WORKED WITH THE CITY TO TRANSFER OWNERSHIP TO THE
HRA. WE ACTUALLY PURCHASED THOSE LOTS INCLUDING ANOTHER LOT AND 82ND AVENUE 82ND STREET THAT
THAT WAS ALSO A RALPH WHITE FOR FUTURE INCLUSION INTO THE BLOOMINGTON AFFORDABLE HOMEOWNERSHIP PROGR. THE BUYER PROGRAM. SO WE DID PURCHASE THESE FOUR
LIVES WOULD BE ABOUT 440,000 THAT WE SPENT ON THOSE LOTS AND THEN AS WE WERE MOVING FORWARD WE ENTERED INTO THIS PARTNERSHIP WITH HABITAT FOR HUMANITY FIRST YOU KNOW YOU'VE
SEEN SOME OF THE SUCCESS WE'VE HAD WITH THE 93 PARK PROJECT. THEY WERE KIND OF A NATURAL FIT REDEVELOP THESE LOTS. SO TO GIVE YOU SOME CONTEXT LIKE I SAID IT'S KIND
OF FOLLOWS ALONG 35 W CENTRAL BLOOMINGTON THEY'RE MORE NORTH YORK KIND OF PAN-AMERICAN DISTRICT SO THERE A FOUR
LOTS THEY ARE IN A SINGLE FAMILY NEIGHBORHOOD SO WHEN THEY WERE PIECEMEAL ACQUIRING THESE YOU COULD SEE THEY DIDN'T QUITE GET ALL THE LOTS EITHER. SO YOU SEE SOME EXISTING HOMES
THERE TO THE NORTH OF 84, 22 AND TO THE SOUTH AND THEN YOU SEE THESE THREE PROPERTIES IN A ROW. SO TWIN CITIES CITIES HABITAT OR TC HABITAT THEY'LL BE
LOOKING TO DO FIVE UNITS AND THESE FOUR LOTS. >> SO THE TERMS THAT WE'RE LOOKING AT RIGHT NOW LIKE I SAID WE HAD ACQUIRED THESE. SO THERE IS WE WOULD BE LOOKING TO SELL THEM THESE FOR
A DOLLAR. SO WE'RE CONSIDERING THIS WHOLE LAND RIGHT DOWN WE WOULD BE LOOKING TO DO THREE SINGLE FAMILY HOMES AND ONE TWO
FAMILY HOME ALL OWNER OCCUPIED . WE'RE USING THE IMPACT FUND DOLLARS SO THIS IS ALL FOR OWNER OCCUPIED UNITS. NO RENTAL SITUATION HERE.
THEY WOULD BE AFFORDABLE TO HOUSEHOLDS AT 80% AREA MEDIAN INCOME AND HABITAT SAYS THEY LOT OF THEIR CLIENTELE ARE EVEN DEEPER AFFORDABILITY SO IT MIGHT EVEN GO BELOW THAT
BUT FOR THE STIPULATIONS OF THE DEVELOPMENT AGREEMENT WE WOULD SAY 80% AREA MEETING INCOME AND THEN WE BECAUSE THERE ARE FOUR LOTS WE ARE LOOKING TO KIND OF CONVEY OR
TRANSFER THESE IN PHASES HABITAT WOULD LIKE TO MOVE FORWARD WITH TWO LOTS THIS YEAR AND WE WOULD THE MORE
EASILY DEVELOP THE LOTS WE WOULD MOVE FORWARD THIS YEAR AND THEN THERE IS A TWO FAMILY LOT AND ANOTHER LOT AND I'LL PULL IT UP AGAIN AND KIND OF EXPLAIN THAT REQUIRES A
LITTLE BIT MORE WORK. WE'RE GOING THROUGH A LOT LINE ADJUSTMENT AND IT MAKES MORE SENSE KNOWING THAT WE CAN'T DO ALL FIVE UNITS ALL AT ONCE THAT THOSE WOULD HAPPEN IN THE NEXT YEAR.
SO WE'LL CONVEY THE LAND AND THE LIVES THAT ARE READY TO GO KNOWING THAT WHEN THE OTHER ONES BECOME READY TO GO THEN WE WOULD SELL THEM AND THAT'S JUST SOME PROTECTIONS IN CASE SOMETHING WERE TO HAPPEN.
THINGS HAPPEN IN THE NEXT YEAR. WE'RE STILL MAINTAINING OWNERSHIP AND WE CAN KIND OF EXIT THAT AGREEMENT IF NEEDED. I DON'T ANTICIPATE THAT HAPPENING BUT IT KIND OF GIVES
US THAT LITTLE ADDED LAYER OF PROTECTION JUST IN CASE. BUT THE TOTAL DEVELOPMENT COSTS IS ROUGHLY ABOUT 2.5 MILLION AND PART OF THAT
AGREEMENT OH YEAH, I WANT TO CALL OUT IS THAT WE'LL GIVE THEM ACCESS TO ALL FOUR SIDES SO THEY CAN CONTINUE TO MAKE PROGRESS ON THOSE OTHER TWO LOTS EVEN THOUGH THEY WON'T MAINTAIN OWNERSHIP. WE WANT TO HAVE THAT ACCESS
AGREEMENT SO HOPEFULLY NEXT YEAR THEY CAN HIT THE GROUND RUNNING AND START WORKING DILIGENTLY ON THOSE. SO LIKE I SAID FOR ALL FIVE
UNITS WE'RE LOOKING AT ABOUT $2.5 MILLION. THERE ARE MORTGAGES THAT WOULD HELP PAY FOR THIS EVEN THOUGH THEY ARE RESTRICTED TO 8% AMI
THEY ARE STILL PAYING A PROPORTIONAL AMOUNT IN MORTGAGE TO PAY FOR THAT. SO THERE'S THE LARGEST SOURCE WE HAVE FOR THAT. WE HAVE THAT LAND RIGHT DOWN
IN THERE WE ARE COMMITTING 300,000 FROM OUR IMPACT FROM ALLOCATION. SO AS WE'RE ALL FAMILIAR WITH THE BAR PROGRAM ABOUT 20 WE ARE LOOKING TO DEVELOP 27
UNITS SO THIS WOULD BE FIVE UNITS TOWARD THAT 27 TOTAL WE HAVE 3.2 MILLION TO KIND OF SUPPORT THAT PROJECT. SO 300,000 WOULD HELP SUPPORT THIS SPECIFIC LOCATION.
WE ALSO HAVE BEEN AWARDED MONEY FROM THE MET COUNCIL AND THE LOCAL HOUSING INCENTIVE ACCOUNT OR LIHEAP. SO THAT'S ANOTHER 300,000 AND THEN YOU CAN SEE THERE'S STILL A LITTLE BIT OF A GAP THERE.
BUT IN THE 70S HABITAT HAS DIFFERENT FUNDING SOURCES THAT WE WOULD HELP FILL WITH THAT REMAINING 500,000.
SO IT KIND OF GO THROUGH THE TIMELINE A LITTLE BIT MORE CLEARLY THIS YEAR. I MEAN WE'LL BE CONTINUING TO DO COMMUNITY OUTREACH THROUGHOUT THIS. I'VE ALREADY BEEN TALKING WITH SOME OF THE NEIGHBORS AND
THEY'RE CURIOUS AND WHAT WILL BE HAPPENING BUT FORECLOSE ON THESE FIRST TWO LOTS THIS YEAR. THE OTHER TWO LOTS WE ARE WORKING ON A LOT LINE ADJUSTMENT. IT'S ADMINISTRATIVE PROCESS
BUT IT'S STILL TAKE SOME TIME GET THROUGH. SO WE'LL FINALIZE THE DESIGN ON THE FIRST TWO LOTS AND START POURING FOUNDATIONS HOPEFULLY QUARTER ONE OF 2026 SO THAT THEY CAN BE
CONSTRUCTED DURING KIND OF A SUMMER CONSTRUCTION SEASON AND THEN THEY CAN BE SOLD BY END OF YEAR OF 2026. MEANWHILE WHILE THOSE ARE BEING CONSTRUCTED WE'LL BE
STARTING THE DESIGN WORK HOPEFULLY ON THE NEXT TWO EDGES ONCE THAT LOT LANE ADJUSTMENTS ARE DONE AND KIND OF CONTINUE TT CYCLE AGAIN HOPEFULLY WITH CONSTRUCTION
IN 2027 AND HAVE THOSE BEING SOLD SO A LOT TO ADDRESSES SO THE TWO OF US THAT WE ARE LOOKING AT ARE THAT ONE 8422 TO THE NORTH THAT IS PRETTY
MUCH READY TO GO. THERE'S NOT MUCH THAT NEEDS TO BE ADJUSTED ON THAT LOT. IF THERE WAS A SINGLE FAMILY HOME PREVIOUSLY THERE WILL BE ANOTHER SINGLE FAMILY HOME AND THEN SAME WITH THE CORNER LOT
WE'LL BE LOOKING AT THAT. 8440 IS WHERE I BELIEVE THE TWO FAMILY HOME WILL BE. IT ACTUALLY DOES MEET OUR TWO FAMILY HOME STANDARD BUT THE HABITAT MODEL IS SLIGHTLY A
LITTLE TOO WIDE SO IT'S EASIER FOR US TO RATHER THAN RECREATE THEIR MODEL TO JUST SLIGHTLY ADJUST THE LOT LINE AND MEET
OUR SETBACK REQUIREMENTS. SO HERE ARE SOME EXAMPLES OF WHAT THOSE FIRST TWO UNITS WILL LOOK LIKE. THEY'LL BE A SINGLE FAMILY HOMES THIS IS KIND OF THE
RAMBLER STYLE BUT KIND OF A FRONT PORCH THERE. THIS IS NOT NECESSARILY WHAT EXACTLY BE CONSTRUCTED BUT
SOMETHING SIMILAR TO THIS 3 OR 4 BEDROOM UNIT TO CAR GARAGE. YEAH VERY NICE AT 20 300FT
AND THEN HERE IS KIND OF SIMILAR TO THOSE YOU MIGHT BE FAMILIAR WITH THE 93 PARK PROJECT YOU KNOW A TWO STORY SIMILAR SIZED ABOUT 1700
FINISHED 2400 TOTAL SQUARE FEET BUT YEAH SIMILAR DESIGN HERE SO WE WANT MAKE CLEAR TONIGHT THAT APPROVALS WOULD
BE ALLOWING US TO ENTER INTO A PURCHASE AGREEMENT AND DEVELOPMENT AGREEMENT. THE PURCHASE AGREEMENT KIND OF OUTLINES HOW WE CONVEY THE LAND AND THE DEVELOPMENT AGREEMENT OUTLINES THE EXPECTATIONS FOR WHAT WE WANT
TO SEE THERE WITH THOSE 80% RMI OWNER OCCUPIED UNITS. IT ALSO WILL OUTLINE KIND OF OUR COMMITMENT TO THE PROJECT WHICH IS A SALE PRICE OF A DOLLAR WHICH IS
ACCOUNTING FOR OUR LAND RIGHT DOWN WE WOULD BE COMMITTING OUR IMPACT FUND TO THOSE SO 75,000 PER LOT AND THEN JUST ACKNOWLEDGING THAT WE ALSO
HAVE THE MET COUNCIL GRANT THAT WOULD FUND THAT AND THEN WE NEED TO FOLLOW THE REQUIREMENTS OF THAT GRANT AND IN FACT THE REQUIREMENTS OF BOTH GRANTS THAT WE HAVE SO THAT WE'RE ABLE TO ACTUALLY
USE THOSE DOLLARS. SO HOPEFULLY WITH APPROVAL TONIGHT WE WOULD THEN EXECUTE THAT AND THEN CLOSE ON THOSE FIRST TWO PROPERTIES BY THE
END OF THE YEAR ALLOWING FOR THOSE FOUNDATIONS TO BE DONE AND THEN WE'LL CONTINUE TO WORK ON THE NEXT PHASE AND HOPEFULLY GET THAT STARTED NEXT YEAR AND CONVEY THOSE
PROPERTIES. AND I KNOW THIS WE'VE GOT NOAH HERE FROM TWIN CITIES HABITAT WHO MIGHT WANT TO PROVIDE SOME DETAILS AS WELL AS HE WOULD
LIKE. THANKS MR. PALERMO. GREETINGS EVERYONE. MY NAME IS NOAH KELLER. I'M A REAL ESTATE DEVELOPMENT MANAGER WITH TWIN CITIES
HABITAT FOR HUMANITY. I HAVE BEEN HERE BEFORE TO SPEAK ABOUT THE PARK AVENUE PROJECTS THAT WE'RE DOING CURRENTLY IN PARTNERSHIP WITH HOMES WITHIN REACH.
HOPEFULLY FOLKS HAVE HAD AN OPPORTUNITY TO DRIVE PAST THOSE HOMES WHILE THEY'RE UNDER CONSTRUCTION SO THEY CAN KIND OF SEE THE TRANSFORMATION FROM FROM VACANT LOTS TO FULLY COMPLETED HOMES HERE BY THE
HOPEFULLY BY THE END OF THE YEAR AND THEN WE'LL HOPEFULLY HAVE THOSE FOR SALE ON OUR INTERNAL PROPERTY SORRY THOSE WILL BE FOR SALE ON HOMES WITHIN REACH REACHES INTERNAL PROPERTY LETTER BUT WE ARE
GOING TO CO MARKET THOSE SO THAT FOLKS WHO QUALIFY FOR HABITAT'S PROGRAM CAN ALSO VIEW THOSE SINCE OUR REQUIREMENTS OVERLAP WITH
THOSE OF HOMES WITHIN REACH BY ABOUT 98%. THERE'S JUST A COUPLE ITEMS THAT THAT SMALL ITEMS THAT DIFFER. SO I THINK WE'LL HAVE SUCCESS SELLING THOSE THOSE ARE THE ONES WITH THE ADU UNITS
ATTACHED TO THE GARAGES. SO WE'RE EXCITED THAT THOSE ARE UNDERWAY. APPRECIATE THAT THAT YOU ALL APPROVE THOSE. ABOUT A YEAR AGO AND YEAH I DON'T HAVE A TON OF ADDITIONAL
INFORMATION OTHER THAN WHAT MR. PALERMO WAS ABLE TO PRESENT. I'LL JUST SAY THAT THE WE'VE RECENTLY KIND OF UPDATED OUR STANDARDS SO ALL OF OUR HOMES
THAT WE'RE PLANNING TO BUILD KIND OF MOVING FORWARD THAT ARE NEW CONSTRUCTION WILL HAVE SOLAR PANELS THEY'RE GOING TO MEET ZERO ENERGY READY VERSION 2.0 CERTIFICATION WILL CERTIFY
THOSE UNDER THAT PROGRAM THEY'LL MEET THE INDOOR AIR QUALITY PLUS REQUIREMENTS BE CERTIFIED UNDER THAT PROGRAM STILL BE ENERGY STAR CERTIFIED .
THEY'LL BE VISIBLE PER IMAGE OF REQUIREMENTS MEANING THERE'S A ZERO STEP ENTRY INTO AN AREA OF THE HOUSE THAT HAS LIKE A COMMON AREA AND AT
LEAST ONE RESTROOM AVAILABLE AND THEN THEY'LL BE GREEN COMMUNITIES SORT OF GREEN COMMUNITIES COMPLIANT AS WELL . AND SO I GUESS ONE MORE NOTE ABOUT HOMES WITHIN REACH AND
OUR PARTNERSHIP WITH THEM DEPENDING ON HOW HIGH THE HUMBOLDT HOMES APPRAISE WE MIGHT BE YOU KNOW, KIND OF BE
REQUIRED TO LAND TRUST THOSE IT'S KIND OF UP FOR DETERMINATION DEPENDING ON WHERE APPRAISALS ARE AT AND YOU KNOW IN ABOUT A YEAR ONCE WE'RE WRAPPING THOSE UP SO
THERE'S NO PLANS TO LAND TRUST THESE THESE IF WE DON'T LAND TRUST THEM. WE STILL HAVE A 30 YEAR AFFORDABILITY DECLARATION THAT WOULD BE INCLUDED AT THE SALE OF EACH HOME TO THE NEW BUYER.
AND SO IF FOR WHATEVER REASON THAT BUYER YOU KNOW, WAS TO MOVE WE WOULD HAVE AN OPTION TO PURCHASE THAT HOME BACK AND THEN RESTART THAT 30 YEAR CLOCK. SO IT'S STILL A VERY ROBUST
AFFORDABILITY PERIOD AND PROCESS JUST NOT EXACTLY THE SAME MODEL AS HOMES WITHIN REACH. SO YEAH, I'M HAPPY TO TO TRY AND ANSWER ANY QUESTIONS THAT FOLKS MIGHT HAVE.
TO THE BEST OF MY ABILITY BEFORE WE GET TO COMMISSIONERS COMMENTS AND QUESTIONS THIS IS A PUBLIC HEARING SO IF ANYONE
IS ONLINE THAT WOULD LIKE TO SPEAK NOW WOULD BE YOUR CHANCE . I DO NOT HAVE ANYONE ONLINE. ALL RIGHT. THANK YOU.
ALL RIGHT, COMMISSIONER WOOTEN, THE SOLAR PANELS THAT YOU'RE PUTTING ON EACH OF THESE HOMES, ARE THEY OUTRIGHT PURCHASED OR ARE THERE ANY LEASES OF ADDITIONAL
COST INVOLVED? THANKS, COMMISSIONER. THESE WOULD BE PURCHASED BY HABITAT. WE DO APPLY FOR VARIOUS, YOU KNOW, REBATE PROGRAMS TO HELP
US FOOT THE BILL FOR THOSE SOLAR PANELS. BUT ONCE ONCE THE HOME IS SOLD ALL OF THE ELECTRICITY GENERATED BY THOSE PANELS GO BACK TO YOU KNOW, GETS FED
BACK TO THE GRID AND THEN XCEL WILL REIMBURSE THE HOMEOWNERS FOR THOSE THOSE KILOWATT HOURS THAT THEY'RE GENERATING IS A
MAINTENANCE THEN RESPONSIBILITY I'M SORRY. NO, IT WAS A MAINTENANCE THEN THE RESPONSIBILITY OF A HOMEOWNER IT IS YEP. YEP. AND YOU KNOW THE INSTALLER WILL HAVE A TYPICAL YOU KNOW, MECHANICS WARRANTY RIGHT ON
THEIR EQUIPMENT AND THEIR THEIR CRAFTSMANSHIP. BUT WE HAVEN'T HAD ANY ISSUES YET. BUT YES, ULTIMATELY THAT WOULD BE PART OF THE THE HOMEOWNERS RESPONSIBILITY.
OKAY. YEAH. A QUESTION FOR MY GOING TO GET A CHANCE OTHER QUESTIONS COMMENTS. OKAY. CONTINUE MIKE, HOW MUCH MONEY
IS HE ACTUALLY PUTTING INTO THIS PROJECT? THANK YOU, CHAIR COMMISSIONER RUBIN SO WE'VE ALREADY
PURCHASED THE PROPERTIES IN 2023 SO WE HAVE COMMITTED THOSE ABOUT 440,000 OTHERWISE THE MONEY THAT WE ARE CURRENTLY ALLOCATING FOR THIS
IS COMING FROM THE IMPACT FUND GRANT THAT WE HAD RECEIVED AND THAT'S ANOTHER 300,000 BUT DIRECTLY COMING FROM OUR LEVY OR BUDGET DOLLARS AT THIS POINT WE DON'T HAVE ANY OTHER
COMMITTED DIRECTLY THAT I HEAR YOU MENTIONED EARLIER ARE MONIES INVOLVED OR IS THAT CORRECT? L.H. I A SLIGHTLY DIFFERENT ACRONYM THAT'S FROM THAT
COUNCIL AND THAT'S THE LOCAL HOUSING INCENTIVE ACCOUNT. OKAY. THANKS COMMISSIONER. MOOLA THANK YOU. MIKE.
MY QUESTION FOR YOU YOU SAID YOU TALKED TO SOME OF THE NEIGHBORS ALREADY. THAT WAS MY QUESTION. HOW IS THE COMMUNICATION BEEN ? I KNOW WHEN I SIT FOR A LONG TIME PEOPLE KIND OF GET USED
TO IT. SO HOW'S THE COMMUNICATION BEEN SO FAR, ESPECIALLY WITH THE THREE RIGHT, THE ONE ON THE EMPTY LOT AND THEN TO HAVE THAT HOW'S THAT COMMUNICATION MET? YEP.
CHAIR COMMISSIONER YOU ARE SO THAT I'VE ONLY HAD A CONVERSATION WITH ONE OF THE PROPERTY OWNERS SO FAR I THINK WE WILL AFTER THIS MEETING KNOWING IF WE'RE GOING FORWARD WE WOULD WANT TO ENGAGE WITH
THOSE. I BELIEVE HABITAT DOES A GOOD JOB OF KIND OF HAVING A FORUM ON SITE ON THEIR WHEN THEY ARE DOING THEIR CONSTRUCTION AND CONNECTING WITH THOSE NEIGHBORS. SO IF ISSUES HAPPEN THEY CAN
REACH OUT WITH THE FOREMAN. BUT YES, THAT NEIGHBOR YOU KNOW, CHANGE IS DIFFICULT TO SAY MENTIONED HOW THEY YOU KNOW, IT'S BASICALLY OPEN SPACE TO THEM THAT THEY
UTILIZE AND EVEN THOUGH IT'S NOT PART OF THEIR PROPERTY SO THERE WILL BE SOME ADJUSTMENT BUT AT THE SAME TIME THERE WAS A HOME THERE PREVIOUSLY THERE YOU KNOW, NOT TINY LOTS BY ANY
MEANS. SO THERE'S STILL AMPLE SPACE FOR NEIGHBORHOODS. THEY'RE NOT GOING TO BE CROWDED ON EACH OTHER BUT THAT WILL BE SOMETHING WE'LL HAVE TO COMMUNICATE AND KIND OF DO A LITTLE MORE OUTREACH.
YOU YEAH I I'VE REALLY ENJOYED OUR PARTNERSHIP WITH HABITAT FOR HUMANITY. THERE'S A HOUSE TWO DOORS DOWN FROM ME BASICALLY THAT IS A HABITAT HOUSE AND IT'S
WONDERFUL TO HAVE A FAMILY THERE. SO LOOKING FORWARD TO OUR CONTINUED PARTNERSHIP AND BEING ABLE TO CONTINUE THE OWNERSHIP CYCLE AND ALLOWING PEOPLE TO CALL BLOOMINGTON HOME. THANKS. THANK YOU, COMMISSIONER CARTER
THANK YOU. SO I'M VERY SUPPORTIVE OF THIS WILL BE SUPPORTING WHEN WE VOTE BUT I DO HAVE A COUPLE OF QUESTIONS WERE IDEAS CONSIDERED AS PART OF THIS
PROJECT? I HAD THOUGHT MAYBE THEY WERE AT ONE POINT BUT I'M WONDERING IF THERE WAS JUST MAYBE YEAH THANKS COMMISSIONER CARTER THAT THEY WERE CONSIDERED SO HABITAT IS ALSO YOU KNOW WE'RE
A DEVELOPER AND THEN WE'RE ALSO A LENDER AND WE DECIDED TO USE THE PARK AVENUE PROJECTS AND THAT THAT GREAT PARTNERSHIP WITH HOMES WITHIN REACH AS KIND OF A PROTOTYPE
TO SEE YOU KNOW HOW THAT PROJECT OF YOU KNOW WHAT THE OUTCOMES ARE IN TERMS OF HOW QUICKLY THEY'RE ABLE TO SELL THEM, WHAT TYPE OF SITUATION
YOU KNOW, WHETHER IT'S MULTIGENERATIONAL FAMILY OR BECAUSE YOU CAN'T REALLY CONTROL FOR THAT DUE TO LENDING LAWS WHICH IS WHICH IS GOOD OR IF IT'S PEOPLE WHO ARE RENTING OUT SPACE I THINK
ULTIMATELY WE YES I GUESS ULTIMATELY WE WANT TO WAIT AND SEE KIND OF HOW THAT HAPPENS. WE DON'T WANT TO MISS OUT ON THESE OPPORTUNITIES IN THE MEANTIME I WOULDN'T RULE IT OUT IN FUTURE OPPORTUNITIES
IN BLOOMINGTON AND ELSEWHERE BUT NOT FOR THIS. OKAY. THANK YOU FOR THAT. AND THEN THIS IS KIND OF PROBABLY MORE FOR MY OWN EDUCATION BUT IS THE SO THIS
SO IS THE ASSESSED VALUE OF THESE HOMES IN THE FUTURE IMPACTED BY THE DEED RESTRICTIONS OR IS THE ASSESSED VALUE THE ASSESSED VALUE AND LIKE I'M THINKING ABOUT LIKE THE PROPERTY TAXES THAT WILL BE PAID BY THE RESIDENTS LIVING IN THESE
HOMES AND I'M JUST WONDERING IF THAT'S ALSO KIND OF BROUGHT DOWN A LITTLE BIT OR IF IT'S JUST BASED ON THE ASSESSED VALUE THAT'S NOT IMPACTED BY THE DEED RESTRICTION. DOES THAT MAKE SENSE? YEAH, FOR SURE. YEAH.
THANK YOU COMMISSIONER CARTER. SO WITH THE DEED RESTRICTION AND FOR AFFORDABILITY IT DOESN'T IMPACT THE TAX ASSESSED VALUE OR APPRAISED VALUE OF THE HOMES AND SO
CURRENTLY HOMEOWNERS WOULD PAY TAXES YOU KNOW COMMENSURATE WITH THAT WITH THE FULL ASSESSED VALUE. I KNOW THAT THERE'S SOME STATE LEVEL LEGISLATION BEING
PROPOSED. I BELIEVE IT'S CALLED FOUR D THAT IS YOU KNOW WHERE WE'RE ADVOCATING FOR AFFORDABLE HOMES THAT ARE GOING TO STAY AFFORDABLE THAT THOSE TAX YOU
KNOW, TAX PERCENTAGES WOULD BE PRO-RATED SO THAT PEOPLE ARE PAYING A LITTLE BIT LESS ON TAXES BUT THAT AS FAR AS I AM AWARE HAS NOT COME INTO YOU KNOW, INTO REALITY YET.
OKAY. THAT IS ONE DIFFERENCE WITH THE LAND TRUST MODEL IS THE LAND TRUST. YOU KNOW OWNER THAT THE OWNERS WHO OWN HOMES ON THE LAND THAT
THEY LEASE FROM THE LAND TRUST PAY LESS IN TAXES BECAUSE THAT LAND IS CARVED OUT. >> OKAY ALL RIGHT. IS THERE A BENEFIT TO DOING THE DEED THE LONG TERM DEED
VERSUS THE LAND TRUST? WELL, FOR US IT I GUESS IT HAS BEEN OUR MODEL FOR YOU KNOW, FOR ABOUT 40 YEARS THE THE 30
YEAR AFFORDABILITY GUARANTEE USED TO RESIDE IN OUR MORTGAGES AND THEN BECAUSE OTHER THINGS WITH THE MORTGAGES CHANGE OVER TIME OTHER YOU KNOW, TERMS AND CONDITIONS, WE DECIDED IT
WOULD BE BEST AND MOST CLEAR TO THE HOMEOWNERS AND TO PUBLIC FUNDERS AND OTHER STAKEHOLDERS IN EACH PROJECT IF THAT AFFORDABILITY WAS REMOVED AND PUT IN A DEED
RESTRICTION INSTEAD SO THAT THAT PART OF IT WAS VERY CLEAR. OKAY. ALL RIGHT. THANK YOU. AND THEN I GUESS I WOULD JUST SAY FOR THE PUBLIC WHO MIGHT BE WATCHING THAT OBVIOUSLY PROBABLY OUR BIGGER LIKE RIGHT
NOW OUR KIND OF BIGGEST INVESTMENT WOULD BE THE LAND RIGHT DOWN AND I GUESS JUST MAKING IT CLEAR TO PEOPLE LISTENING THAT THAT'S THIS IS VERY A STANDARD APPROACH THAT WE'VE TAKEN IN THE PAST AND SO
WE'RE NOT DOING ANYTHING LIKE WAY OUT OF LEFT FIELD OR SUPER DIFFERENT FROM WHAT WE'VE DONE HISTORICALLY. SO JUST WANTED TO SAY IT OUT LOUD. THANK YOU. APPRECIATE THAT.
THANKS. OTHER QUESTIONS COMMENTS . THANK YOU. THANK YOU. I'M WELL HEARING NONE WE NEED
A MOTION IN A SECOND TO ADOPT A RESOLUTION APPROVING SALE TWO TWIN CITIES HABITAT FOR HUMANITY INC. OF PROPERTY
LOCATED AT 8422 HUMBOLDT AVENUE 8440 HUMBOLDT AVENUE 8446 HUMBOLDT AVENUE AND 8452 HUMBOLDT AVENUE IN THE CITY
OF BLOOMINGTON NOTED MOVED BY COMMISSIONER WOOTEN SECOND AND SECOND BY COMMISSIONER DOUBLING HER ALL IN FAVOR I
MOTION PASSES SIX ZERO. NEXT ITEM IS DISCUSSION ITEM THE PROGRAM YEAR 2020 FOR A CONSOLIDATED ANNUAL
PERFORMANCE AND EVALUATION REPORT FERGUSON FOLLOWS THE INTERNET TROLLING AND VIRTUALLY CAN WE ALSO FORMALLY
CLOSE THE PUBLIC HEARING ON THE RARE JUST SEE WE ARE FORMALLY CLOSING THE PUBLIC HEARING PART OF THIS MEETING
NOW WE MAY CONTINUE WITH MIKE THANK YOU CHAIR COMMISSIONERS YEAH THIS IS A DISCUSSION ITEM SO YOU KNOW FROM FAMILIAR WITH
OUR COMMUNITY DEVELOPMENT BLOCK GRANT FROM THE DEPARTMENT OF HOUSING URBAN DEVELOPMENT AS PART OF OUR CYCLE OUR PROGRAM YEAR ENDED AND NOW WE DO WHAT'S CALLED THE CONSOLIDATED ANNUAL
PERFORMANCE AND EVALUATION REPORT WHERE CABER WILL BE LOTS OF MOUTHFULS TO YOU. SO WE DO A FIVE YEAR PLAN
WHICH WE WERE IN THAT CYCLE ADOPTING OUR NEXT FIVE YEAR PLAN. WE'RE NOW CLOSING OUT OUR PREVIOUS FIVE YEAR PLAN, THE CONSOLIDATED PLAN AND THEN ANNUALLY WE DO AN ANNUAL ACTION PLAN AND THEN THIS KIND
OF REPORTS BACK ON HOW WE'RE DOING ON THAT FIVE YEAR PLAN AND THAT ANNUAL ACTION PLAN. IF YOU HAD A CHANCE TO READ THROUGH THAT DRAFT YOU'LL NOTICE THERE'S A BIG TABLE AND IT HAD A BUNCH OF ZEROS ON IT.
I WANT TO KIND OF JUST CALL THAT OUT. THAT'S BECAUSE WE'VE IDENTIFIED A QUITE A BIT A FEW DIFFERENT NEEDS IN THE COMMUNITY BUT WE DON'T GET A HUGE PORTION OF COMMUNITY
DEVELOPMENT BLOCK GRANT SO WHILE WE IDENTIFY THESE NEEDS IT HELPS US BE KIND OF NIMBLE AND IN ADDRESSING YEAR TO YEAR DIFFERENT PRIORITIES. BUT THROUGH THE 4 OR 5 YEARS WE'VE KIND OF STUCK WITH THE
SAME PRIORITIES AND FOCUSED ON KIND OF THE SAME FEW PROGRAMS . SO A LOT OF THOSE ACTIVITIES WE NEVER KIND OF GOT TO SO THEY JUST REMAIN KIND OF ZERO AND YOU'LL KIND OF SEE THE
TYPICAL PROGRAMS YEAR TO YEAR THAT WE'VE FOCUSED ON. BUT OUR PROGRAM YEAR RUNS FROM JULY 1ST THROUGH JUNE 30TH.
WE HAD A TOTAL AMOUNT OF FUNDS OF ABOUT 1.4 MILLION THIS YEAR . THIS INCLUDED PROGRAM INCOME THAT WE RECEIVED.
WE ALSO THEN HAD CARRYOVER INCOME FROM THE PREVIOUS YEAR THAT WE DIDN'T FULLY EXPEND LARGELY IN PART BECAUSE OF LARGE AMOUNT PROGRAM INCOME WE HAD THAT WE DIDN'T FULLY
EXPEND AND THEN OUR ANNUAL ALLOCATE PORTION SO TOTAL ADDING THOSE THREE BUCKETS TOGETHER IT'S ABOUT 1.4 MILLION. BUT OVER THAT TIME WE ALSO
EXPENDED ABOUT 1.1 MILLION SO WE MADE PROGRESS. WE STILL HAVE A LITTLE BIT OF CARRYOVER BALANCE WILL HAVE THIS YEAR. PART OF THE DIFFICULTY WITH PROGRAM INCOME IS IT KIND
OF IT'S TIED TO OUR REHAB LOANS THAT WE'RE GETTING REPAYMENT FROM AND THAT'S CYCLICAL WITH LIKE THE HOUSING MARKET PEOPLE ARE SELLING THEIR PROPERTY THERE TENDS TO BE IN THE SPRING SO WE GET A
BUNCH OF CLOSEOUTS IN THE SPRING AT THE END OF THE PROGRAM YEAR SO A BUNCH OF MONEY COMES IN THAT WE CAN'T REALLY SPEND DOWN REAL QUICK ENOUGH SO THE REHAB LOAN
IS OUR LARGEST PORTION OF WHAT WE SPEND ON. WE DO FIND A LITTLE BIT OF FAIR HOUSING ACTIVITIES WITH OUR FAIR HOUSING IMPLEMENTATION COUNCIL, A REGIONAL AUTHORITY THAT WE ARE
A GROUP THAT WE KIND OF DO FAIROUSING ACTIVITIES WITH. WE HAVE FUNDED SENIOR COMMUNITY SERVICES OR SENIOR SERVICES FOR ABOUT 50,000 THAT'S OUR PUBLIC SERVICE DOLLARS AND WE'VE WORKED WITH
HOMES WITHIN REACH, YOU KNOW, TO ACQUIRE SOME PROPERTIES AND THEY DO REHAB AND THE LAND TRUST MODEL THAT WE WERE JUST TALKING ABOUT IN THE PREVIOUS ITEM AND THEN WE DO FUND SOME OF OUR ADMINISTRATIVE
ACTIVITIES WERE ALLOWED UP TO I BELIEVE 15%. SO THE IMPACT OF THESE DOLLARS WE LIKE I SAID WE FUND SENIOR SERVICES.
THEY HOW ABOUT 140 PEOPLE THIS YEAR WITH KIND OF CHORES AND MAINTENANCE ACTIVITIES CALLED THEIR HOME PROGRAM BUT IT'S AN ACRONYM BUT BASICALLY
MAINTENANCE ACTIVITIES OR DIFFERENT CHORES TO HELP SENIORS AGE IN PLACE LIKE I MENTIONED CARD TO HOMES AND THEN REHAB LOANS.
SO WE SPEND A LOT AND REHAB LOANS A LOT OF THAT WAS KIND OF CARRIED OVER FROM THAT 2023 PROGRAM YEAR WE START A LOT AND THEN WE KIND OF TAKES TIME TO GET THROUGH THAT.
SO AS WE WORK THROUGH THOSE THAT ARE ALREADY STARTING IN 2023 THAT KIND OF PUSHES BACK STARTING NEW LOANS IN 2024. SO WE APPROVED 12 NEW LOANS
BUT LAST YEAR WE HAD A INORDINATELY HIGH NUMBER OF LOANS THAT WE HAD STARTED. SO IN THE IN TO WORK THROUGH OUR AVERAGE LOAN AMOUNT WAS
ABOUT $30,000. BUT WE SERVE A WIDE RANGE THE GOAL OF COMMUNITY DEVELOPMENT BLOCK GRANT IS TO SERVE LOW AND MODERATE INCOME AND THEN TO THAT SENIOR COMMUNITY SERVICE PROGRAM.
THEY DO SERVE SOME THAT ARE A LITTLE BIT ABOVE 80% AREA MEDIAN INCOME BUT YOU CAN SEE WE SERVE QUITE A BIT IN THE EXTREMELY LOW INCOME OR THOSE
MAKING 30% OF AREA MEDIAN INCOME OR BELOW AND SO THAT'S KIND OF A BROAD HIGH LEVEL OVERVIEW. SO THE KAPOR REINVESTMENT
BLOCK GRANT IS CITY FUNDED VEDRE KIND OF ADMINISTERS THAT UNDER AN AGREEMENT WITH THE CITY. BUT ULTIMATELY THE APPROVALS AND THE MONEY IS HELD AT THE
CITY. SO WE COME TO THE HRA AS KIND OF A FORMALITY, GIVE YOU THE UPDATES AND HAVE A DISCUSSION ABOUT IT BUT ULTIMATELY THE CITY COUNCIL WILL HOLD A PUBLIC IS REQUIRED TO HOLD THE
PUBLIC HEARING SO WE'LL HOLD THAT ON THE 15TH. WE HAVE A PUBLIC COMMENT PERIOD FOR THE CAPER THAT STARTS TOMORROW ON THE 10TH RUNS FOR 15 DAYS, GOES THROUGH SEPTEMBER 26TH AT WHICH POINT
PEOPLE CAN EMAIL, THEY CAN READ THE DRAFT, THEY CAN COME IN PERSON, PROVIDE COMMENTS ABOUT ABOUT THE REPORT. IT WAS ADVERTISED IN THE SUN
CURRENT PAPER AND IS ON OUR WEBSITE ON NOTICE AND IF YOU SEARCH ON OUR WEBSITE CDBG YOU WILL FIND OUR COPY BUT WE ARE ALSO PART OF THE HENNEPIN
COUNTY CONSORTIUM AND SO WHAT THAT MEANS IS ALL OUR PLANS KIND OF ROLL UP INTO HENNEPIN COUNTY AND SO THEY ARE ALSO HOLDING THEIR COMMENT PERIOD SIMULTANEOUSLY WITH OURS.
THEY ARE ALSO HOLDING A PUBLIC HEARING ON SEPTEMBER 16TH SO PEOPLE CAN SPEAK AT BOTH PUBLIC HEARINGS IF THEY WOULD LIKE AND THEN THEY PLAN TO SUBMIT EVERYTHING.
SO ULTIMATELY THEY SUBMIT OUR PLAN FOR US AND IT WILL BE ON SEPTEMBER 30TH. AND WITH THAT I'M UP FOR
DISCUSSION WITH QUESTIONS COMMENTS . ALL RIGHT. THANK YOU.
NEXT WE HAVE ADMINISTRATOR UPDATES. YES, CHAIR AND COMMISSIONERS I JUST HAVE TWO UPDATES FOR YOU. ONE IS THAT WE HAD PREVIOUSLY
APPLIED FOR A STATE GRANT PROGRAM CALLED THE LOCAL AFFORDABLE LOCAL HOUSING TRUST FUND. THERE WERE SOME MATCHING DOLLARS FOR DOLLARS THAT THE CITY HAD INVESTED INTO OUR HOUSING TRUST FUND AND HAD NOT
RECEIVED THE AWARD. BUT I JUST GOT NOTIFICATION EARLIER TODAY THAT THEY HAD MORE FUNDING COME AVAILABLE AND SO WE WILL BE RECEIVING $75,000. SO THAT IS GREAT NEWS. SO I THOUGHT I'D BE HAPPY TO SHARE THE OTHER QUICK UPDATE
IS THE THE PRELIMINARY LEVY WENT TO THE CITY COUNCIL LAST NIGHT ON THE CONSENT AGENDA AND SO THAT WAS APPROVED BY THE CITY COUNCIL AND THAT WAS THE PRELIMINARY LEVY THAT THE HRA HAD DISCUSSED AT OUR LAST
MEETING IN AUGUST. SO THE FINAL BUDGET CONSIDERATION WILL COME IN NOVEMBER AND THEN WE'RE ANTICIPATING I THINK WE'LL HAVE SOME MORE HRA CONVERSATION THAT STILL NEEDS TO HAPPEN ON THAT. SO WE'LL PROBABLY BE PLANNING A WORK SESSION OR SOME MORE
DISCUSSION IN OCTOBER AROUND THE BUDGET BEFORE GETTING TO THAT FINAL VOTE. SO JUST WANTED TO GIVE YOU THAT UPDATE. THAT'S ALL I THAT'S ALL I HAVE FOR YOU TONIGHT. ALL RIGHT. THANK YOU.
WELL, WE HAVE REACHED THE END OF OUR AGENDA SO MAY I HAVE A MOTION TO ADJOURN THE TUESDAY, SEPTEMBER 9TH, 2025 HRA BOARD MEETING MOVED BY COMMISSIONER
WOOTEN AND SECOND BY COMMISSIONER EAST SAY ALL IN FAVOR I MOTION PASSES SIX ZERO