Title
Authorization to enter into an amended loan agreement with St. Matthew Catholic Church for additional capital improvements at Casa Guadalupana located at 507 Hall Avenue in District 3, Ward 2
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 Minn Stat Section 469.002, Subd. 14; and
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul (“HRA”) recognizes the problems created by homelessness and the need to improve existing supportive housing facilities that serve very-low income residents of Saint Paul; and
WHEREAS, Casa Guadalupana (“Casa”), a Minnesota non-profit corporation, provides emergency shelter to homeless Latina women and families at a facility located at 507 Hall Avenue (the “Facility”) leased from St. Matthew’s Catholic Church (the “Church”); and
WHEREAS, on May 11, 2016, the HRA of the City of Saint Paul, through resolution 16-831, authorized the allocation of program income from the Former HUD Rental Rehabilitation Program and to enter into a Loan Agreement with St. Matthew’s Catholic Church for Capital Improvements at the Facility; and
WHEREAS, additional capital improvements costing $26,100 are needed in the Facility (the “Additional Improvements”); and
WHEREAS, the HRA has available remaining program income from the former HUD Rental Rehabilitation Program that can finance supportive housing capital improvement projects, such as the Additional Improvements; and
WHEREAS, staff has determined that the Additional Improvements are eligible expenditures of program income from the former HUD Rental Rehabilitation Program;
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota as follows:
1. That HRA hereby allocates an additional $26,100 of program income from the former HUD Rental Rehabilitation Program to cover the cost for the Additional Improvements at the Facility, to ensure safe environments and reduce energy costs; and
2. That the Executive Director of the HRA is hereby authorized to negotiate and agree to any amendments, deletions or revisions to the Loan Agreement which do not otherwise substantially change the rights or obligations of the HRA or the Church under the Loan Agreement and take such further action necessary to implement this resolution.