HomeMy WebLinkAboutResolution - HRA 2020-02 - Participation of Hennepin County HRA in an Affordable Housing Project - 01/07/2020HOUSING AND REDEVLEOPMENT AUTHORITY
IN AND FOR THE CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
H.R.A. RESOLUTION NO. 2020-02
RESOLUTION APPROVING THE PARTICIPATION OF THE HENNEPIN COUNTY
HOUSING AND REDEVELOPMENT AUTHORITY IN AN AFFORDABLE HOUSING
PROJECT
WHEREAS, the Hennepin County Housing and Redevelopment Authority (HCHRA) has
approved the use of Affordable Housing Incentive Fund (AHIF) funding for West Hennepin
Affordable Housing Land Trust ("WHAHL T"); and
WHEREAS, The purchase of homes to be acquired for the WHAHL T Homes Within Reach
program (the "Project"), of which one or more properties may be located within the city of Eden
Prairie and the rest within suburban Hennepin County, will preserve the supply of affordable
housing in the city by providing long-term affordability.
BE IT RESOLVED that the participation of the HCHRA in the Project for the limited purpose
of providing financial support to the Project is hereby approved.
BE IT FURTHER RESOLVED that nothing in this resolution shall create a pecuniary
obligation of the City to assist the Project, nor shall the City be in any way responsible for any
financing obligation or agreement of the HCHRA with respect to its provision of financial
assistance to the Project.
BE IT FURTHER RESOLVED that the request made hereunder extends only to the powers of
the HCHRA with respect to the financial assistance the County HRA proposes to provide to the
Project, and the City shall retain all other powers and jurisdiction over matters relating to the City
and the Project.
BE IT FURTHER RESOLVED that nothing in this resolution is intended to endorse the merits
of the Projects to be undertaken.
ADOPTED, by the Housing and Redevelopment Authority of the City of Eden Prairie, on this 7th
day of January 2020.
Ronald A. Case, Chair
ATTEST:
Rick Getschow, Executive Director