Title
Resolution Approving and Authorizing the Submission of a Grant Application to the Minnesota Housing Finance Agency for $560,000 for the Inspiring Communities Program
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the "HRA") is a public body corporate and politic established pursuant to the provisions of Minnesota Statutes section 469.001, et seq. (the “Act”); and
WHEREAS, the HRA has the power to engage in development or redevelopment activities under Minnesota law and the HRA is authorized to engage in activities relating to (a) housing projects and development, (b) removal and prevention of the spread of conditions of blight or deterioration, (c) bringing substandard buildings and improvements into compliance with public standards, (d) disposition of land for private redevelopment, and (e) improving the tax base and the financial stability of the community, and to engage in the aforementioned activities when these needs cannot be met through reliance solely upon private initiative and which can also be undertaken in targeted neighborhoods; and is authorized to create redevelopment projects as defined in Minnesota Statutes section 469.002, subdivision 14; and
WHEREAS, to continue to support the implementation of the Inspiring Communities program, HRA staff requests approval to apply for a grant in the amount of $560,000 through the Minnesota Housing Finance Agency’s 2016 Single Family RFP, as more fully described in the staff report submitted to the HRA Board with this Resolution.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota that:
1. The HRA Board of Commissioners hereby approves the submission of a grant application to Minnesota Housing Finance Agency for $560,000.
2. The HRA Executive Director, staff and legal counsel for the HRA are further directed and authorized to take all actions necessary to imp...
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