Title
Authorization to acquire tax forfeited parcel 53 Geranium Avenue W. and convey to Greater Frogtown Community Development Corporation; to acquire 722 Lafond Avenue, 762 Thomas Avenue, 1025 Seminary Avenue W. and 466 Iglehart Avenue and convey to Twin Cities Habitat for Humanity, Inc.; to acquire 995 Rose Avenue E., 615 Maryland Avenue E. and 486 Victoria Avenue S. and convey to Singular Development Resources Inc. Districts 5, 6, 7, 8 and 9, Wards 1, 2, 5, and 6
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”) has duly adopted and there is now in legal effect a City-Wide Redevelopment Plan for the acquisition and rehabilitation and resale of properties which involve the Payne-Phalen District 5 area, the North End District 6 area, the Thomas Dale District 7 area, the Summit University District 8 area and the West Seventh District 9 area which are all part of the plans; and
WHEREAS, HRA recognizes the problems created by vacant lots and blighting properties in its neighborhoods not being maintained or being of value to the community, and also recognizes the need to take the initiative to convert these lots and dilapidated structures into safe, decent and affordable home ownership opportunities and/or improve neighborhood land use; and
WHEREAS, the HRA supports increased volume in the treatment of vacant lots and dilapidated structures where possible by all developers, including for-profit and nonprofit entities, and with these objectives in mind, the HRA needs to assist other potential developers of properties and take full advantage of the opportunity to redevelop properties; and
WHEREAS, Ramsey County has approved a new policy to create incentives for development of affordable housing; and
WHEREAS, HRA has approved a policy under RES 14-867 for properties acquired by HRA which is complementary to the Ramsey County policy and defines the process for holding and sale of Tax Forfeit properties; and
WHEREAS...
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