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HomeMy WebLinkAboutResolution - HRA 2013-01 - Participation of HCHRA in an Eden Prairie 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. 2013-01 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. 12-HCHRA-0015 has approved the use of$20,000 Affordable Housing Incentive Fund loan for the WHAHLT project at 15608 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. N ney a-L n 1 ATTEST: Rick Getschow, Executive Director