10-09-2024 Workshop Packet - Laserfiche WebLink

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comprehensive sidewalk network. The sidewalks will extend beyond the boundaries of the development site, connecting with existing sidewalks in the surrounding area and eliminating gaps in the pedestrian infrastructure system. This interconnected sidewalk network will enhance walkability, accessibility, and safety for pedestrians, facilitating seamless mobility and connectivity within the neighborhood especially the enhanced sidewalk connection along Rice Street from County Rd B2 to County Rd C. In terms of cost, an approximate estimation has been calculated for the pedestrian amenities, including the construction and installation of sidewalks, seating areas, and gathering spaces. These estimated costs will be crucial in leveraging potential public funding from the City of Little Canada to support the implementation of these public amenities. By highlighting the value and importance of these amenities, as well as their associated costs, the project aims to demonstrate its commitment to enhancing the quality of life for residents and promoting community well-being through thoughtful urban design and public infrastructure development. Land Use Process: In order to facilitate the multi-family housing development, the property owner has completed a Zoning Map Amendment rezoning five parcels of land from C-1, General Commercial District to C-2, Corridor Mixed District as well as combined the parcels into one. Community Engagement: The City Council reviewed the development proposal at a workshop held on May 24, 2023, and expressed support for the project by providing a resolution to submit an application for an ARPA grant. Additionally, Reuter Walton and the property owner conducted two Neighborhood Meetings on June 7th and November 28th to solicit feedback from the public and provide comprehensive information about the development. Funding Sources: a. They were awarded $831,822 of federal HOME funds in May 2023. a.Ramsey County requires these to be attached to 4 units, these can be at High HOME rents. b. Ramsey County requires that these funds go to pre-development soft costs. This is beneficial for both parties as it relates to Davis Bacon and NEPA environmental review. They will accept these funds from Ramsey County. b.They were awarded $600,000 of HRA levy in June 2023. a.These funding awards trigger the Ramsey County Prevailing Wage Ordinance. All construction labor hours at the project must be paid prevailing wage. Prevailing wages add approximately $6,000,000 to the project so they are not able to accept these funds. c.The Minnesota Housing Low Income Housing Tax Credit (LIHTC) program is a critical funding source aimed at increasing the supply of affordable rental housing