01-09-1995 CC - Laserfiche WebLink

Home Browse Search

CIT Y OF Agenda Section: 1 2.E REQUEST FOR COUNCIL CONSIDERATION Report Number: 95-1219C Report Date: 1-5-95 STAFF REPORT Council Action: DEW ❑ Special Order of Business CITY COUNCIL MEETING DATE January 9, 1995 ❑ Public Hearings ❑ Consent Agenda Council Business Item Description: Consideration of Resolution No. 4703 Supporting Northridge Properties Application for Minnesota Housing Finance Authority Funds Rehabilitation of Woodlawn Terrace Administrator's Review/Recommendation: - No comments to supplement this report - Comments attached. Explanation/Summary (attach supplementsheets_as_necessary.) SUMMARY; As part of the housing study, the housing intern has identified critical areas of the City which are in need of rehabilitation. One of the most critical sectors is multi-family housing. Mounds View has a significant amount of multi-family housing units with over 50% in critical need of rehabilitation. Over the past year,the management of Woodlawn Terrace Apartments,located on Woodlawn Drive,has caused many tenants to become agitated over the neglect of the buildings. The City facilitated meetings between the tenants and the ownership over the disputes and since then management has changed. Unfortunately,the units are in dire need of rehabilitation since repairs were neglected due to unknown financial difficulties of the prior management. These units house over 100 low-moderate income families of which several have small children. The primary goal of the housing program is to provide assistance for decent housing for the residents of Mounds View. This is especially the case for those that are in need of assistance the most. We are working with the Northridge Properties in applying for a CDBG funds for 1995. In addition,Northridge has been working with MHFA to secure funding for the project but have not been able to agree on an equitable assistance package. It is critical that Woodlawn Terrace receive the highest priority from the State, County and City. In a meeting with the County representatives, Commissioner Dick Wedell expressed support for the project and is committed to working on an assistance package using CDBG and Home Funds. If the project receives the necessary funding from all sources, proper rehabilitation can be a reality. This project would be an ideal partnership effort between MHFA,Ramsey County and the City in fulfilling the goals of providing housing to low and moderate income persons. The attached resolution supports Northridge Property's application for MHFA funds and is on a fast track since negotiations are currently being discussed. The application for CDBG and Home funds from Ramsey County will be presented at the next Council meeting. Support from all entities is the key to a successful rehabilitation project the size of Woodlawn Terrace and also can effect the most people. If this project is fully funded, Mounds View's housing program would start with a bang. .&„ • LA. Cathy Benn , mic Development Coordinator JIECOMMENDATION; Approve Resolution No. 4703 Supporting Northridge Properties Application For Minnesota Housing Finance Authority Funding For Rehabilitation Of Woodlawn Terrace.