HomeMy WebLinkAboutResolution - HRA 2013-02 - Partnership with HC HRA for Affordable Housing Project - 06/04/2013 HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
H.R.A. RESOLUTION NO. 2013-02
H.R.A. RESOLUTION APPROVING THE PARTICIPATION OF THE HENNEPIN
COUNTY HOUSING AND REDEVELOPMENT AUTHORITY IN AN EDEN PRAIRIE
AFFORDABLE HOUSING PROJECT
WHEREAS, WHAHLT has also been approved for funding of these projects by the Hennepin
County Housing and Redevelopment Authority (HCHRA); and
WHEREAS,the Hennepin County Housing and Redevelopment Authority(HCHRA) in
Resolution No. 11-HCHRA-0009 has approved the use of a$20,000 Affordable Housing
Incentive Fund loan and Resolution No. 12-HCHRA-0015 has approved the use of$10,000
Affordable Housing Incentive Fund loan for the WHAHLT project at 15816 N Eden Dr,
contingent upon the Eden Prairie Housing and Redevelopment Authority's consent to the
HCHRA's participation in the project; and
WHEREAS, the loan from the HCHRA will complete the financing required for the project to
go forward.
BE IT RESOLVED, that the participation of the Hennepin County Housing and Redevelopment
Authority in the project is hereby approved.
ADOPTED by the Housing and Redevelopment Authority in and for the City of Eden Prairie
this 4th day of June, 2013.
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ATTEST:
IWISVI
Rick Getschow, Executive Director