HomeMy WebLinkAboutResolution - 2014-61 - Participation of HCHRA in Affordable Housing Project - 06/17/2014 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2014-61
RESOLUTION APPROVING THE PARTICIPATION OF THE HENNEPIN COUNTY
HOUSING AUTHORITY IN AN EDEN PRAIRIE AFFORDABLE HOUSING PROJECT
WHEREAS, WHAHLT has also been approved for funding of this project by the Hennepin
County Housing and Redevelopment Authority (HCHRA); and
WHEREAS,the Hennepin County Housing and Redevelopment Authority (HCHRA) in
Resolution No. 13-HCHRA-0016 has approved the use of$22,500 Affordable Housing Incentive
Fund loan for the WHAHLT project at 10295 Winter Place, 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 City Council of the City of Eden Prairie this 17th day of June, 2014.
N nc ra- ens, ay r
ATTEST:
K leen Porta, City Clerk