Title
Authorization to extend the designation of The Sherburne Collective as Tentative Developer of 652 Sherburne Avenue, and commit funding of up to $1,000,000 for the Project, District 7, Ward 1
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 owns property located at 652 Sherburne Avenue, which consists of an eight (8) unit multi-family residential building on one parcel (collectively referred to as the “Property”); and
WHEREAS, between September 4, 2020 and November 20, 2020, HRA staff received five proposals to purchase the Property in response to a Request for Proposals; and
WHEREAS, after reviewing the five proposals, HRA staff recommended accepting the proposal from Thomas-Dale/District 7 Planning Council, Inc. d/b/a Frogtown Neighborhood Association (“Frogtown Neighborhood Association”), Model Cities of St. Paul Inc., and Hope Community, Inc. (collectively referred to as “The Sherburne Collective”) intending to redevelop the Property to convert the existing building into six units to accommodate a wider variety of households and utilize the two vacant lots at 648 and 650 Sherburne to create parking, a garden and green space for residents living in the building (the “Project”); and
WHEREAS, of the five proposals received, the Project proposed by The Sherburne Collective best accomplished the objectives and goals of the HRA Land Disposition Policy and best complied with the strategies set forth in the Citywide Comprehensive Plan/Redevelopment Plan now legally in effect in the City of Saint Paul, including particularly those related to providing family-sized affordable housing options, preservation of naturally-occurring affordable housing in areas with improved transit to reduce displacement, promotion of shared-equity ownership op...
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