Title
RESOLUTION APPROVING A PRE-COMMITMENT OF $275,000 FISCAL YEAR 2020 FUNDING ALLOCATION TO THE CITY OF DULUTH FROM THE HOUSING AND URBAN DEVELOPMENT (HUD) DEPARTMENT FOR THE CONSTRUCTION OF THE DECKER DWELLINGS APARTMENTS, AND SUPPORTING ITS CONSTRUCTION.
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CITY PROPOSAL:
RESOLVED, that the city council hereby approves a pre-commitment of Fiscal Year (FY) 2020 funds to be received by the city of Duluth as allocated by the federal Housing and Urban Development Department for the construction of the Decker Dwellings apartments. The award of the $275,000 will be contingent upon the developer, One Roof Community Housing, successfully securing major funding support from the Minnesota Housing Finance Agency (MHFA) and other funding sources to enable construction to begin next year. The award is also contingent upon the city's receipt of an expected FY 2020 HUD grant award. The development of Decker Dwellings will contribute to achieving housing goals in the 2015-2019 City of Duluth Consolidated Plan and the Continuum of Care's 10 Year Plan to End Homelessness.
FURTHER RESOLVED, that the city council finds that the proposed Decker Dwelling apartments site was recommended for multi-family housing development as part of a local planning process, entitled "Duluth Housing Action Framework," adopted by city council resolution 17-0435R, and affirmed in the Imagine Duluth 2035 Comprehensive Plan, adopted June 25, 2018; and that the location for the Decker Dwelling Apartments is located in the Miller Hill Core Investment Area, a neighborhood node identified as a priority in the Comprehensive Plan.
FURTHER RESOLVED, that the city council hereby expresses its support for One Roof Community Housing's application for funding from MHFA for low-income housing tax credits to assist in financing and development of the Decker Dwellings housing development.
Statement of Purpose
STATEMENT OF PURPOSE: This resolution provides for a pre-c...
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