Item Description:
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2026 Supportive Housing capital program funding recommendations - neg 3 award modifications and 9 award agmts, 05/12/26-05/12/81, total combined NTE $6,795,267
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Resolution:
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BE IT RESOLVED, that the 2022 Supportive Housing Strategy awards (Resolution 22-HCHRA-0027) to The Link for the Link Supportive Housing project, in the amount not to exceed $500,000 (Agreement PR00004505), and to Beacon Interfaith Housing Collaborative for the Aster Commons project, in the amount not to exceed $950,000 (Agreement PR00004848), and the 2023 Supportive Housing Strategy award (Resolution 23-HCHRA-0019) to CommonBond Communities for the 1301 West Lake project, in the amount not to exceed $1,500,000 (Agreement PR00005285), be rescinded and reallocated for distribution under the 2026 Hennepin County Housing and Redevelopment Authority (HCHRA) budget as described herein; and that the Controller be authorized to disburse funds as directed; and
BE IT FURTHER RESOLVED that the Executive Director be authorized to negotiate the following Agreements during the period May 12, 2026 through May 12, 2081:
? PR00008398 with Trellis Co, or affiliated entity, for the Camden Rise Early project, with a not to exceed amount of $480,000;
? PR00008394 with RS EDEN, or affiliated entity, for the Dillon Apartments project, with a not to exceed amount of $1,000,000;
? PR00008391 with 180 Degrees, Inc, or affiliated entity, for the Franklin-Columbus Stabilization project, with a not to exceed amount of $400,000;
? PR00008387 with Woda Cooper Companies, Inc and Project for Pride in Living, Inc, or affiliated entity, for the Lotus Pointe project, with a not to exceed amount of $840,000;
? PR00008399 with Matrix Development LLC, or affiliated entity, for the Senior Flats on Logan project, with a not to exceed amount of $480,000;
? PR00008389 with Bloomington Southview, LP and Sand Companies, LLC, or affiliated entity, for the Southview Estates project, with a not to exceed...
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