HRA Meeting Date: May 2, 2024
To: Members of the Housing and Redevelopment Authority
From: Melissa Hanson, Housing Coordinator
Jake Reilly, Community Development Director
Title
Consider Land Disposition Policy of the Northfield Housing and Redevelopment Authority.
Body
Action Requested:
Review and consider adopting a Land Disposition Policy.
Summary Report:
The Northfield Housing and Redevelopment Authority's (HRA) mission is to be a partner in providing a sufficient supply of affordable, adequate, safe, and sanitary dwellings in Northfield.
The goal is to create a community with housing opportunities available along the entire housing spectrum: from renters to homeownership, first-time homeowners, to senior living, workforce housing and empty-nesters. The HRA board strives to create affordable housing opportunities and strengthen neighborhoods using the following:
* Sustainability
* Innovation
* Partnerships
* Community Input
Throughout the years, the HRA has come to own Real Property through various means, including by purchasing homes/properties in foreclosure and those offered through the County's tax forfeiture profess. A handful of properties have been purchased through direct negotiations with a property owner. The HRA has also sold to and partnered with developers for the development of land owned by the HRA, including Spring Creek I & II, Hiley-Neff development, and the Cannon River Community Land Trust to name a few.
As the HRA contemplates the future of housing in Northfield alongside the impact of a well-documented growing housing supply issue and while the City is leading the development of the 2045-horizon Comprehensive Plan, the board and staff agreed it was time to establish criteria for the disposition of HRA-owned land, with the understanding and belief that establishing such a policy would provide clarity to project proposers and the public, and afford the board a framework for decision-making. Staff first reviewed current City a...
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