HRA Meeting Date: June 6, 2024
To: Members of the Housing and Redevelopment Authority
From: Melissa Hanson, Housing Coordinator
Title
City of Northfield Housing and Redevelopment Authority (HRA) to Consider Additional Property Purchase at 706 and 716 2nd Street West, Northfield.
Body
Action Requested:
The HRA to consider purchasing property at 706 and 716 2nd Street West, Northfield.
Summary Report:
The HRA's mission is to be a partner in providing a sufficient supply of affordable, adequate, safe and sanitary dwellings in Northfield. Our 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.
Northfield Hospitals and Clinics own property at 706/716 2nd Street West, adjacent to Way Park. The properties include a vacant parcel and a parcel with a single-family home that is currently unoccupied and being used by the Hospital for storage. The hospital is intending to place the property for sale. Under City laws for the hospital, the City Council retains authority over the sale of property. Prior to putting the property to market, there is an interest to see if there is any public purpose interest by the City prior to requesting authorization for the sale to the City Council.
As the Hospital Board considers the future of the property, hospital staff, City Administrator Martig requested a review of potential interest from the HRA and the Parks and Recreation Advisory Board t to consider potential outcomes for the property as advisory to the City Council prior to any action. Given the identified need for additional homes in Northfield, and the potential this opportunity could offer to add homes to Northfield's supply, the HRA is being approached to consider this opportunity to purchase.
Pursuant to Minn. Stat. Section 469.001 to 469.047, the HRA of the City of Northfield is legally permitted to acqu...
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