Item Description:
title
Submission of substantial amendment to the 2022 and 2024 HUD Annual Action Plans; Neg 2 award modifications, 07/01/25-06/30/70, total combined NTE $950,000; Neg 1 HOME Agreement, 8/13/25-8/12/70, NTE $900,000
end
Resolution:
body
BE IT RESOLVED, that the substantial amendments to the 2022 and 2024 U.S. Department of Housing and Urban Development (HUD) Annual Action Plans to reallocate up to $1,850,000 of HOME Investment Partnerships (HOME) Program funding and $234,180 of Community Development Block Grant (CDBG) funding be approved; that the plan be submitted to the U.S. Department of Housing and Urban Development; and that the County Administrator be designated as the authorized official to act on behalf of Hennepin County in matter related thereto; and
BE IT FURTHER RESOLVED, that the 2022 HOME award to MWF Properties, LLC to develop affordable rental housing units in Richfield in the amount not to exceed $550,000 (Agreement PR00004361), and the 2024 HOME award to Duffy Development to develop affordable rental housing units in Brooklyn Park in the amount not to exceed $1,300,000 (Agreement PR00006189), be rescinded and reallocated for distribution under the HOME program; and
BE IT FURTHER RESOLVED, that the County Administrator be authorized to negotiate modifications to two 2025 HOME awards approved under Resolution 25-0192, recognizing the rescinded awards herein, during the period July 1, 2025, through June 30, 2070:
* PR00007295 with West Hennepin Affordable Housing Land Trust, or an affiliated entity, for the Homes Within Reach project, increasing the not to exceed amount by $550,000 for a new total not to exceed amount of $1,050,000;
* PR00007323 with St. Louis Park Housing Authority, or an affiliated entity, for the Stable Home - Tenant Based Rental Assistance project, increase the not to exceed amount by $400,000 for a new total not to exceed amount of $650,000;
that the following review and approval by the County Attorney...
Click here for full text