HRA Meeting Date: August 7, 2025
To: Members of the Housing and Redevelopment Authority
From: Jake Reilly, Community Development Director
Melissa Hanson, Housing Coordinator
Title
2025-2026 HRA Budget Update
Body
Action Requested:
HRA discusses funding and budgeting for 2025-2026.
Summary Report:
The HRA has committed funding to several non-profit housing partners in the 2025 budget cycle. They are:
* $20,000 - Northfield Union of Youth to maintain existing programming.
* $15,000 - Northfield Union of Youth to expand programming to incorporate transitional housing in the form of rental assistance for qualified participants under age 26.
* $50,000 - Rice County Habitat for Humanity to be set aside for down payment assistance associated with two of its Ford Street homes.
* $50,000 - CAC for ongoing rent and utility stabilization efforts in Northfield.
Since the beginning of the year, staff have received additional requests for assistance. They are to be considered, in part, at this meeting. They include:
* $43,900 to Rice County Habitat for Humanity (RCHFH) to move the existing property at 515 Kraewood Dr. to another lot on the site. This request has been rescinded by the requestor.
* $25,000 in down payment assistance to support a family to purchase that property. This request has been rescinded by the requestor.
* A request from RCHFH for $30,000 to help purchase and rehab 315 Poplar St. S. and a future request of $25,000 for down payment assistance for the purchasing family. Request is included in this packet.
* Subsidy of $137,249 for the development of 307 Sumner by Oberto Properties LLC and RCHFH.
* An open-ended request from Lincoln Woods Townhomes for the resurfacing of their private driveway. Update is included in this packet.
* An open-ended request from Neighbors United to resurrect a Free Cleanup Day for residents from Viking Terrace, Riverside, and Northfield Estates. Staff is working with the Streets Department to determine what a jo...
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