HRA Meeting Date: November 7, 2024
To: Members of the Housing and Redevelopment Authority
From: Melissa Hanson, Housing Coordinator
Title
City of Northfield Housing and Redevelopment Authority to Consider Additional Property Purchase at 706 and 716 2nd Street West, Northfield.
Body
Action Requested:
The Housing and Redevelopment Authority (HRA) to approve resolution to purchase and purchase agreement for property at 706 and 716 2nd Street West, Northfield from Northfield Hospital+Clinics.
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+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. Under City laws for the Hospital, the City Council retains authority over the sale of property. As the Hospital Board considered the future of the property, Hospital staff and City Administrator Martig requested a review of possible interest from the HRA and the Parks and Recreation Advisory Board to consider potential outcomes for the property as advisory to the City Council prior to any action.
The Parks and Recreation Advisory Board met on June 3, 2024, and discussed their interest in the property. They concluded that the purchase of the property did not align with their existing operating plan and passed on the opportunity to purchase the property.
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 reviewed the opportunity to purchase the properties from the ...
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