Item Description:
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Neg Amd 1 to Agmt A2512991 with Tasks Unlimited Lodges, add three properties, amend and restate related documents, extend term to 12/19/30, incr NTE to $538,380
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Resolution:
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BE IT RESOLVED, that the County Administrator be authorized to negotiate Amendment 1 to Agreement A2512991 with Tasks Unlimited Lodges, a nonprofit corporation, or affiliated entity, for supportive housing at 8230 13th Avenue South, Bloomington (Resolution 95-6-329R2, $200,000), to add supportive housing at 6733 Lyndale Avenue South, Richfield, 8032/8034 Portland Avenue South, Bloomington, 8230 13th Avenue South, Bloomington, and 7915 Stevens Avenue South, Bloomington; extending the contract period end date from December 19, 2025 to December 19, 2030, increasing the not to exceed amount to $538,380, and extending, amending and restating related documents as necessary; that following review and approval by the County Attorney's Office, the Chair be authorized to sign the amendment and related documents on behalf of the county; and that the controller be authorized to disburse or receive funds as directed.
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Background:
In 1994, Hennepin County entered into four HOME Investment Partnerships program agreements with Tasks Unlimited Lodges for acquisition and rehabilitation of properties at 6733 Lyndale Avenue South, Richfield (Resolution 93-8-681, NTE $101,380), 8032/8034 Portland Avenue South, Bloomington (Resolution 94-8-625, NTE $127,000); 8230 13th Avenue South, Bloomington (Resolution 95-6-329R2, $200,000), and 7915 Stevens Avenue South, Bloomington (Resolution 93-8-681 NTE $110,000).
Tasks Unlimited Lodges provides supported employment, housing and recovery services for individuals 18 and older, who are diagnosed with severe or persistent mental illness or have struggled with addiction. Services offered include housing recovery services, employment support, and counseling services. Each Lodge provides an opportunity for adults with mental illness to live independently with a group of supportive peers that they choose to live with. Tasks Unlimited offer supportive services to promote long term success and recovery for each “Lodge Member”. Some original Lodge Members still live in these properties today. For many Lodge Members, having a place with affordable rent, being surrounded by supportive peers, and having access to supportive services to sustain employment and manage their mental illness has allowed them to see their Lodge and other Lodge Members as their “found family”, with whom they plan to live with well into retirement.
HOME funds were structured as 30-year deferred loans. Tasks Unlimited Lodges has continued to meet the terms of the loans and Declaration of Restrictive Covenants and now desires to extend the loan terms through December 19, 2030, to reconsider portfolio management.
For administrative clarity, staff recommends consolidating all four loan agreements under the most recent agreement, A2512991, with a total combined not to exceed amount of $538,380.
Current Request: This request is for authorization to negotiate Amendment 1 to Agreement A2512991 with Tasks Unlimited Lodges to ensure continued affordability on four projects through December 19, 2030, with a loan amount totaling $538,380.
Impact/Outcomes: Approval of this request will facilitate strategies for preservation of affordable housing rental units.
recommendation
Recommendation from County Administrator: Recommend Approval