Legislation Details

File #: HRA M2026-001    Version: 1 Name:
Type: HRA Motion Status: Agenda Ready
File created: 4/14/2026 In control: Housing & Redevelopment Authority
On agenda: 4/21/2026 Final action:
Title: Consider a motion affirming the proposed TIF Plan for Harvest Hills conforms to strategic housing goals for the City as outlined in the 2025-2028 Strategic Plan and Northfield 2045 Comprehensive Plan.
Indexes: Harvest Hills
Attachments: 1. 1 - TIF Plan Harvest Hills PC
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Housing and Redevelopment Authority Meeting Date: April 21, 2026

To: Members of the Housing and Redevelopment Authority

From: Scott Wopata, Community Development Director
Emery John, Program Associate

Title
Consider a motion affirming the proposed TIF Plan for Harvest Hills conforms to strategic housing goals for the City as outlined in the 2025-2028 Strategic Plan and Northfield 2045 Comprehensive Plan.

Body
Action Requested:
The Housing Redevelopment Authority is asked to approve a motion affirming the proposed TIF Plan for Harvest Hills conforms to the housing goals for the City as outlined in the 2025-2028 Strategic Plan and Northfield 2045 Comprehensive Plan.

Summary Report:
The Harvest Hills Tax Increment Financing District (TIF Plan) is being created to facilitate a new mixed-income townhome rental housing development in the City of Northfield. The development is expected to consist of approximately 71-units.

80% of the units are market rate and estimated to rent for approximately $2,400/month; affordable for households around 80% of the area median income (AMI) or $93k annual household income for a family of 5.

As is required with a housing TIF district per state statute, this development will adhere to strict affordability guidelines for 20% of the units to be affordably rented to households at 50% of the Area Median Income, as defined by the Department of Housing and Urban Development for Rice County. These affordable units are estimated to rent for approximately $1,700/month; affordable for annual household income of approximately $60k for a family of 5.

The project will occur in two phases on approximately 10.3 acres of undeveloped vacant land identified as Parcel ID# 22.12.4.26.022. The first phase is anticipated to begin in 2026 with grading and infrastructure improvements necessary to construct 38-townhome units. A second phase for the remaining units is planned after completion and occupancy of phase 1.

The Planning Commission r...

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