HomeMy WebLinkAboutHousing & Redevelopment Authority Minutes 11-07-1983r
MINUTES OF REGULAR MEETING
HOUSING AND REDEVELOPMENT AUTHORITY OF PLYMOUTiI, MINNESOTA
NOVEMBER 79 1983
The regular meeting of the Housing and: Redevelopment Authority of Plymouth,
Minnesota was held on the 7th day of November, 1983 at 6:30 p.m. at the City
Council. Chambers in the City of Plymouth, Minnesota. The following members of the
Authority were present: Chairman Rod Hillstrom, Commissioners Del Erickson and,
Pat Hells. Also present were: Ella Hansen and Kay Stiviand,. Representatives from
Ebenezer Society,. and Alda Peikert, Golden Valley planner, Jim Willis, Frank
Boyles, Blair Tremere and Hilt Dale, all representing City Staff.
ABSENT
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Commissioners Gerry Hells and Harold.Bakke.
MINUTES
It was moved by Commissioner Pat Neils, seconded by Commissioner Erickson, to
approve the minutes of the September 6, 1983 meeting as submitted.
Motion carried, three ayos..
NEW BUSINESS
The first item of business was the introduction of Aida Pelkert, representinq the
City of Golden Valley. She discussed the part the City played in the development
of the Calvary Square fimetments and Calvary Center Cooperative, a senior citizen
high rise complex Xkawlag subsidized. rental units and condominium units in
attached buildings. MYs. Peikert related the history of the Valley Square
Redevelopment Project Aa It impacted on the Calvary Square Apartments and Calvary
Center Cooperative. Qc Valley Square Redevelopment Project includes a large area
considered to be downtown Golden Valley and is that commercial and service area
north of Highway 55 near the intersection of Winnetka Avenue and Highway 55.
Mrs. Peikert indicated that two rows of single family homes in a two block area
had to be removed prior to the construction of the Calvary Senior Citizen Housinq
project combined with Rhode Island Avenue relocation. She stated that there were
a number of land transfers involved in the project and that S741,693.02 in tax
Increment money and $123,335 in COBE funds were used to purchase the property.
She indicated there were a number of parties invo'ved in the process. She
mentioned that the Human Rights Commission in Golden Valley reviewed the proiect
and that a management plan was required by both HUD and the City Housing
Authority.
Mrs. Peikert stated that the project is going very well. and that this type of
housing is much in demand in Golden Valley. The 80 units in the rental portion:of
the project had 240 applicants the first day advertised. Currently there are 300
applicants on the waiting list while there at -e normally only 10 vacancies that
come up each year.
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HRA Minutes
November 7, 1983 meeting
Page two
Ella Hansen, representing. Ebenezer Society, stated that initial assistance came
from the Greater Minneapolis Metropolitan Housing Corporation (GMMHC), a
Minneapolis non-profit corporation that is involved in providing front end monies
for projects of this nature. They advanced somewhere between $150,000 to 5180,000
In front end money. Without this funding, it would have been very difficult for
the project to have gotten started. This non-profit corporation Is unique In the
United States, as far as Ms. Hansen is aware, and provides a valuable service for
this type of housing.
She further went on to explain that many middle income retired people do not have
as many housing options as do the low income or high income retired people. This
problem exists because there are housing programs directed toward low income
people using. federal money while the high income people can afford whatever
housing they deem appropriate. Since the inception of the Calvary Center
Cooperative 3 years ago,: inflation, has created, a definite gap where now a rather
significant percentage of middle income people, who previously could afford the
projected cost of a cooperative unit, are no longer able to do so.
In spite of the afforementioned problem, the units at Calvary Center are sellinq
very well and there are currently only 13 units left out of a total of 17-0
units. Sixty-two percent of the cooperative units were subscribed before
construction. It was required under the financing package that the contractor had
to pledge the remainder of the. money. The range of the selling prices is 558,000
for the lowest price unit to $117,000 for the highest priced unit. It is
anticipated that all units will be sold by February of 1984.
While the advertising for the project was basically in the Twin City Metro Area,
25 percent of the purchasers of the cooperative units are from out of state. Many
of these out of staters, come from the "Sun Belt" or other areas of the coutry and
have decided to return to their "roots". Generally they have family in the
immediate area and want to live in closer proximity to these family members. It
Is required that at least one family member is 58 years old or older to buy a
unit. Currently, one half of the units sold have been bought by couples. The
average age of the purchasers is 74 years old.
Ella Hansen indicated that staff has determined that there were five basic reasons
why people elected to move into the Calvary Center Cooperative. These reasons are
as follows:
HRA Minutes
Movember. 7, 1983 meeting
Page three
1.. Maintenance at their current !-idence had become too difficult considering
their age and/or health.
2. The security at their present residence is not what
they wished to move into a more secure housing environment.
3. Health reasons have motivated them to move into a unit
24 hour on-call emergency attention.
4. They wish to be near family members..
they would like and
where they can have
S. The -?r present housing accomodations do not allow for the social contact
they would like; consequently that have been Loney living in the present
residence.
The Commissioners thanked Mrs. Pelkert and Ms. Hansen for their presentation.
Meeting was adjourned at 7:30 P.M.
X 6w*4aa
Secretary