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HomeMy WebLinkAboutHousing & Redevelopment Authority Packet 04-25-2017 SpecialCITY OF PLYMOUTH AGENDA JOINT COUNCIL/HRA MEETING APRIL 25, 2017, 5:30 p.m. MEDICINE LAKE CONFERENCE ROOM 1. CALL TO ORDER 2. TOPICS A. Workforce, Senior and Affordable Housing B. Set future Study Sessions 3. ADJOURN Joint Council/HRA Meeting 1 of 1 April 25, 2017 City of Plymouth Adding Quality to Life SPECIAL JOINT COUNCIL/HRA MEETING Agenda 2A Number: To: Dave Callister, City Manager Prepared by: Jim Barnes, Housing Programs Manager Reviewed by: Steve Juetten, Community Development Director April 25, 2017 Affordable/Workforce Housing — Provide Policy Direction to the Item: Housing and Redevelopment Authority and Staff 1. ACTION REQUESTED: Provide the Housing and Redevelopment Authority (HRA) and staff with policy direction relating to affordable/workforce and senior housing. 2. BACKGROUND: Over the past few years, the Council has had various discussions relating to affordable and senior housing that have resulted in requests form councilmembers for additional information. Further, staff has been receiving inquiries from affordable/workforce and senior housing developers on possible developments. At the April 25 meeting, staff will present high-level information on affordable/workforce and senior housing in the City. To help with discussion, attached are the maps and a list of current affordable housing developments that will be used in the presentation. 3. ATTACHMENTS: Maps Prior Projects/Programs Page 1 CO Ra 4J N y 2 Aq � I alriw� O k Z _ s �e A-1- Z _y t 7R SCHMIDT LAKE RD • hIR t R 'I 1 f Q ti l t t � 1616 ROCKFORD RD p Rw_ i71r�J�h n O . n - W .. RO `OO FtQ N091 1 tial ORQ � y I I G � RO.� O Q�GR�CRD RD.E� o RNi rTR+' U-�� '61 • w rT 39TH AV f£ O CO I DNO2 ,' f y 1 ' Y i}k1 Y Z Jp � � W p K m Q U U . �l I• J• > W J 5'. Z' ORO7 II CO RD NO GR RR NOS L,C �. 'WO - C (� II , ,7 L .CW,_LTG F rl F W%%I ,p �� J _ _ _ •. Li IRI I *A ..ate p _ u ryry � � _rf. Affordable Housing All Types Apartments ( 2-bd r_ $1,125) April, 2011 Townhome/Condo (Value <_ $211,500) r2 Ci -,y of RSingle Family (Value <_ $211,500) 0 Plymouth Miles THIS REPRESENTS COMPILATION OF INFORMATION AND DATA FROM CITY, COUNTY, STATE AND OTHER SOURCES THAT HAS NOT BEEN FIELD VERIFIED. INFORMATION SHOULD BE FIELD VERIFIED AND COMPARED IWTH ORIGIN.LL W02MENTS. BASS op Aplil, 2111 r2 Ci -,v Qf uth Shenandoah Ap,il, 2111 r2 Ci -,v Qf uth BASS L� KF Rn (rn PZ�m WIN M— Ab April, 2111 r2 Ci -,v Qf uth Affordable Housing Programs Community Development Block Grant (CDBG) Program First Time Homebuyer Program — To date we have assisted 187 low and/or moderate - income clients since 1990. This program provides a zero interest deferred loan of up to $25,000. Housing Rehabilitation Program — To date we have assisted 310 low-income clients since 1975. This program provides a zero interest deferred forgivable loan of up to $30,000. Social Service Agencies — up to 15% of annual CDBG allocation is awarded to social services agencies, typically serve 5-6 social service agencies per year. Housing Choice Voucher Program (Section 8) — 342 vouchers for 2017. This includes "port -in" and "port out" vouchers. Senior Rental Housing (HRA Owned) Plymouth Towne Square — 99 units (all are subsidized by the HRA) The Plymouth HRA owns and operates this senior apartment property. The HRA provides an annual subsidy between $215,000 - $230,000 from the HRA's levy. Vicksburg Crossing — 96 units (34 units with income and rent restrictions). The Plymouth HRA owns and operates this mixed income senior apartment property. The HRA provides an annual subsidy between $20,000 - $50,000 from the HRA's levy. Affordable Housing Projects Rental Projects At The Lake Apartments — 204 existing units (20 rent and income restricted units, 41 income restricted units, 143 market rate units). The City issued Housing Revenue Bonds. Axis — 157 units (16 workforce housing units) — The City approved $2.5 million in TIF to facilitate the redevelopment of the Brown's Market site. They also received $750,000 from the Met Council's LCDA program. This project is anticipated to open in early 2017. Page 7 Bassett Creek Commons — 46 units. City provided tax increment financing. Currents — 318 units (64 units are income restricted). The City issued Housing Revenue Bonds. Hammer Residences — 15 units. HRA provided assistance for accessibility modifications to group homes for developmentally disabled adults located on scattered sites throughout Plymouth. Kimberly Meadows — 39 federally subsidized units. Lakeview Commons — 64 Low Income Tax Credit units. Lancaster Village — 160 units (32 units are income and rent restricted). The City issued Housing Revenue Bonds. Mission Oaks — 26 federally subsidized units. Parkside Apartments — 211 existing units (21 rent and income restricted units, 42 income restricted units, 148 market rate units). The City issued Housing Revenue Bonds. Shenandoah Woods Apartments — 64 units (40 Low Income Tax Credit units, 6 MHOP units, 18 market rate units). Stone Creek Village — 130 units (13 Low Income Tax Credit units, 13 MHOP units, 8 Project -Based Section 8 units and 96 market rate units). The City provided tax increment financing. The Plymouth HRA provided two below market rate loans. They also received $200,000 from the Met Council and $400,000 from Hennepin County Vicksburg Commons — 50 units (all income and rent restricted with 4 homeless units). Common Bond owns and manages this tax credit project. The City also provided tax increment financing and 5 Project -Based Section 8 vouchers. They also received funding of $300,000 from the Met Council. West View Estates — 67 units (67 Low Income Tax Credit Units). The City provided $600,000 in TIF and 7 Project -Based Section 8 vouchers. They also received $300,000 in funding from the Met Council. The property opened in the spring of 2012. Willow Woods — 40 units (39 Low Income Tax Credit Units). The Plymouth HRA provided a below market rate loan. Ownership Projects Habitat for Humanity — 4 new townhomes. The Plymouth HRA donated the land Harvest Hills — 1 new townhome. HRA, CDBG and MHFA funds. Plymouth Crossing — 6 new townhomes affordable to households at or below 80 of AMI. Condition of sale of City owned property. Page 8 Plymouth Housing Alliance — City provided CDBG funds for the development of a large single family home for a 10 person low-income family. Plymouth Housing Alliance and Community Builders Accessible Homes — 2 single- family accessible homes. CDBG and HRA funds. The HRA currently owns one of the homes. The Reserve — 25 new townhomes. The City used CDBG funds and grants received from Met Council ($142,000), MHFA ($75,000) and IOCP ($20,000). Timber Creek Crossing — 4 new townhomes. HRA, CDBG and MHFA funds. Village At Bassett Creek — 71 new townhomes (20 affordable & 51 market rate). City provided tax increment financing. West Hennepin Community Builders — 3 single-family homes. CDBG funds. For additional information please contact: Jim Barnes, HRA Manager (763) 509-5412 ibarnes(c�plymouthmn.gov Page 9 rp)City of Plymouth Adding Quality to Life SPECIAL COUNCIL MEETING April 25, 2017 Agenda 2B Number: To: Mayor and Council Prepared by: Dave Callister, City Manager Reviewed by: Item: Set Future Study Sessions Pending Study Session Topics (at least three Council members have approved the following study items on the list): • HOA turnover and stormwater drainage between plats Other Council requests for Study Session Topics: • Vicksburg Lane median proposals (JJ) Staff's requests for Study Sessions: • Body -worn cameras (June 13 at 5:30 p.m. suggested date) • EDA —meeting with brokers Page 1 r�ity Plymouth Adding Quality to Life May 2017 Page 2 1 2 3 4 5 6 6:00 PM 7:00 PM Walk with the PLANNING Mayor COMMISSION Plymouth Creek MEETING Center Council Chambers 7 8 PM 9SPECIALCOUNCIL 10 11 12 13 MEETING 7:00 PM 7:00 PM Kids Garage Sale Lodging Tax and ENVIRONMENTAL PARK Et REC Plymouth Creek Sexual Predator QUALITY ADVISORY Center Ordinance Medicine Lake Room COMMITTEE (EQC) COMMISSION 7:00 PM MEETING (PRAC) MEETING REGULAR COUNCIL Medicine Lake Room Council Chambers MEETING Council Chambers 14 15 16 17 18 19 20 7:00 PM PLANNING 10:00 AM - 2:00 PM COMMISSION Bark in the Park MEETING Hilde Performance Council Chambers Center 21 22 23 24 25 26 27 5:30 PM 7:00 PM SPECIAL COUNCIL HOUSING AND MEETING Financial Plan and REDEVELOPMENT Budget Goals AUTHORITY (HRA) Medicine Lake Room MEETING 7:00 PM Medicine Lake Room REGULAR COUNCIL MEETING Council Chambers 28 29 30 31 MEMORIAL DAY CITY OFFICES CLOSED Page 2 r�ity Plymouth Adding Quality t0 Life June 2017 Page 3 1 2 3 4 5 6 7 8 9 10 12:30 PM 7:00 PM 7:00 PM Northwest Green- PLANNING PARK It REC way Ribbon Cutting COMMISSION ADVISORY Vicksburg Lane MEETING COMMISSION Pedestrian Bridge Council Chambers (PRAC) MEETING Plymouth Creek Center 11 12 13 14 15 16 17 7:00 PM 7:00 PM REGULAR COUNCIL ENVIRONMENTAL MEETING QUALITY Council Chambers COMMITTEE (EQC) MEETING Medicine Lake Room 18 19 20 21 22 23 24 7:00 PM 7:00 PM 9:00 AM - 11:00 AN PLANNING HOUSING AND Music in Plymouth COMMISSION REDEVELOPMENT 5K Run/Walk MEETING AUTHORITY (HRA) Hilde Performance Council Chambers MEETING Center Medicine Lake Room 25 26 27 28 29 30 7:00 PM REGULAR COUNCIL MEETING Council Chambers Page 3 r�ity Plymouth Adding Quality to Life July 2017 Page 4 1 2 3 4 5 6 7 8 5:30 PM - 10:30 PM INDEPENDENCE Music in Plymouth DAY Hilde Performance Center CITY OFFICES CLOSED 9 10 11 12 13 14 15 7:00 PM ENVIRONMENTAL QUALITY COMMITTEE (EQC) MEETING Medicine Lake Room 16 17 18 19 20 21 22 7:00 PM PLANNING COMMISSION MEETING Council Chambers 26 27 28 29 7:00 PM 7:00 PM REGULAR HOUSING AND COUNCIL MEETING REDEVELOPMENT X3Y25 Council Chambers AUTHORITY (HRA)MEETING Medicine Lake Room Page 4 r�ity Plymouth Adding Quality to Life August 2017 Page 5 1 2 3 4 5 7:00 PM 5:30 PM - 8:30 PM PLANNING Kids Fest COMMISSION Hilde MEETING Performance Center Council Chambers 6 7 8 9 10 11 12 7:00 PM 7:00 PM REGULAR COUNCIL ENVIRONMENTAL MEETING QUALITY Council Chambers COMMITTEE (EQC) MEETING Medicine Lake Room 13 14 15 16 17 18 19 6:00 PM 7:00 PM SPECIAL COUNCIL PLANNING MEETING COMMISSION Budget and CIP MEETING Medicine Lake Room Council Chambers 20 21 22 5:30 PM 23 24 25 26 SPECIAL COUNCIL 7:00 PM MEETING HOUSING AND Budget and CIP REDEVELOPMENT Medicine Lake Room AUTHORITY (HRA) MEETING 7:00 PM Medicine Lake Room REGULAR COUNCIL MEETING Council Chambers 27 28 29 30 31 6:00 PM SPECIAL COUNCIL MEETING Budget and CIP (if needed) Medicine Lake Room Page 5