Loading...
HomeMy WebLinkAboutHousing & Redevelopment Authority Minutes 01-26-2017APPROVED MINUTES PLYMOUTH HOUSING AND REDEVELOPMENT AUTHORITY January 26, 2017 PRESENT: Chairman Jeff Kulaszewicz, Commissioners Katie Black, Michelle Soderberg, and Marty McCarthy STAFF PRESENT: HRA Manager Jim Barnes, HRA Executive Director Steve Juetten, and Office Support Representative Tina Beckfeld OTHERS: Robert Huddleston, Megan Sand Carr, Senior Business Development Manager, Sand Development, LLC. 1. CALL TO ORDER Chairman Kulaszewicz called the Plymouth Housing and Redevelopment Authority meeting to order at 7:02 p.m. 2. CONSENT AGENDA A. Approve HRA Meeting Minutes for November 17, 2016. B. Plymouth Towne Square. Accept Monthly Housing Report. C. Vicksburg Crossing. Accept Monthly Housing Report. D. Plymouth Towne Square. Approve and authorize execution of window and siding contract. MOTION by Commissioner Soderberg, seconded by Chairman Kulaszewicz, to approve the consent agenda. Vote. 4 Ayes. MOTION passed unanimously. 3. NEW BUSINESS A. Sand Companies. Present sketch plan of potential workforce housing project. (Information presented at meeting.) HRA Manager Barnes introduced Megan Sand Carr, Senior Business Development Manager, Sand Development, LLC. Ms. Carr gave a PowerPoint presentation of Sand Companies proposed multifamily workforce housing project to be located in the southwest corner of State Highway 169 and County Road 10 behind Superior Ford. They are projecting a start date in 2018 for occupancy in 2019. Sand Companies is proposing a 60 unit multifamily dwelling with 1, 2, and 3 bedroom units. This project would be similar in concept to Westview Estates that Sand Companies developed in Plymouth in 2012. Sand Companies is proposing to incorporate four long-term homeless housing units, a priority of Minnesota Housing Finance Agency (MHFA), which is the primary Approved Minutes Plymouth Housing and Redevelopment Authority January 26, 2016 Page 2 funding entity for the project. In accordance with the new MHFA requirements, Sand Companies is proposing to use Universal Design throughout all the units providing accessibility for its tenants. Chairman Kulaszewicz asked how the long-term homeless housing units would be subsidized. Ms. Carr replied it can vary between developments. Either the unit would have a rental subsidy or the project may be underwritten with lower rental fees for those particular units. Commissioner Soderberg asked if a tenant of a long-term homeless housing unit graduated out, do they stay in that unit. Ms. Carr stated each long-term homeless housing unit is permanent homeless housing. Once a tenant qualifies and moves in, they do not have to move out. The unit would switch to tax credit rate if the tenant no longer qualified under the income guidelines. If the tenant chose to move, the unit would remain a long-term homeless unit for the remainder of the compliance period, 30 years, and re -rented to another qualified applicant. Chairman Kulaszewicz asked what the turnover rate is for those units. Ms. Carr replied the average turnover rate is three years. Commissioner McCarthy asked what funding sources they anticipate using. Ms. Carr stated Sand Companies would submit a dual -application to Hennepin County for funding from HOME Investment Partnership Program (HOME) and Affordable Housing Incentive Fund Program (AHIF). They would also apply for 9% tax credits through MHFA, and ask for support from the City of Plymouth in the form of waived fees, TIF financing, and/or project based vouchers. Chairman Kulaszewicz asked Ms. Carr what Sand Companies is requesting. Ms. Carr stated that Sand Companies is asking the board to write a letter of support for their application to Hennepin County for financing. Housing Program Manager Barnes added the letter would give support to the concept of the project with conditions. Commissioner Soderberg asked if the property is currently zoned for multifamily. Executive Director Juetten stated the property is currently zoned FRD (Future Restricted Development) and guided as CO (Commercial/Office). It would have to be rezoned to RMF -4 (Multiple Family District 4), and re -guided to LA -4 (Living Area 4; density range of 12-20 dwelling units/acre). Approved Minutes Plymouth Housing and Redevelopment Authority January 26, 2016 Page 3 Commissioner Soderberg and Chairman Kulaszewicz both stated their support for the record. MOTION by Chairman Kulaszewicz, seconded by Commissioner Soderberg to submit a letter in support of Sand Companies application for Hennepin County funding for their potential workforce housing project with the understanding the project still requires City Council approvals. Vote. 4 Ayes. MOTION passed unanimously. 4. ADJOURNMENT MOTION by Chairman Kulaszewicz, seconded by Commissioner Marty McCarthy, to adjourn the meeting at 8:10p.m. Vote. 4 Ayes. Motion approved unanimously.