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HomeMy WebLinkAbout6/4/2026 Housing and Redevelopment Authority Meeting June 4, 2026 at 7 p.m. 7071 University Avenue NE Agenda Call to Order Roll Call Action Items 1.Approval of Expenditures 2.Approval of the Minutes from the January 8, 2026, HRA Meeting 3.Annual Election of Officers Informational Items 4.Update on Housing Programs Adjournment Accessibility Notice: If you need free interpretation or translation assistance, please contact City staff. Si necesita ayuda de interpretación o traducción gratis, comuníquese con el personal de la ciudad. Yog tias koj xav tau kev pab txhais lus los sis txhais ntaub ntawv dawb, ces thov tiv tauj rau Lub Nroog cove neeg ua hauj lwm. Haddii aad u baahan tahay tarjumaad bilaash ah ama kaalmo tarjumaad, fadlan la xiriir shaqaalaha Magaalada. Upon request, accommodation will be provided to allow individuals with disabilities to participate in any City of Fridley services, programs or activities. Hearing impaired persons who need an interpreter or other persons who require auxiliary aids should contact CityClerk@FridleyMN.gov or (763) 572-3450. AGENDA REPORT Meeting Date: June 4, 2026 Meeting Type:Housing and Redevelopment Authority Submitted By:Stacy Stromberg, Assistant Community Development Director/HRA Paul Bolin, Commmunity Development Director Title: Approval of Expenditures Background Attached are the check reports from January 2026 to date. Financial Impact Recommendation Staff recommends the HRA approve the expenditures from January 1, 2026 to May 28, 2026. Focus on Fridley Strategic Alignment Vibrant Neighborhoods & Places Financial Stability & Commercial Prosperity Organizational Excellence Community Identity & Relationship Building Public Safety & Environmental Stewardship Attachments and Other Resources 1.05-28-26 HRA Bank Transaction Report Vision Statement We believe Fridley will be a safe, vibrant, friendly, and stable home for families and businesses. Housing and Redevelopment Authority January 8, 2025 7:00 PM Fridley City Hall, 7071 University Avenue NE Minutes Call to Order Chairperson Showalter called the Housing and Redevelopment Authority meeting to order at 7:00 p.m. Present Elizabeth Showalter Gordon Backlund Troy Brueggemeier Frank Inamagua Rachel Schwankl Absent Others Present Stacy Stromberg, HRA Assistant Executive Director Jessica Green, Development Consultant Action Items 1. Approval of Expenditures Motion by Commissioner Brueggemeier to approve the expenditures. Seconded by Commissioner Schwankl. Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. 2.Approval December 4, 2025, Meeting Minutes Motion by Commissioner Backlund to approve the meeting minutes of December 4, 2025, as presented. Seconded by Commissioner Inamagua. Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. 3.Approval of Resolution No. 2026-01 Designating the Official Newspaper for 2026 Chair Showalter reviewed the staff report and recommendation. Housing and Redevelopment AuthorityMinutes Page 2 1/8/2026 Motion by Commissioner Backlund to approve HRA Resolution No. 2026-01, Designating an Official Newspaper for the City of Fridley’s Housing and Redevelopment Authority for the Year 2026. Seconded by Commissioner Inamagua. Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. 4.Approval of Resolution No. 2026-01 Designating the Official Depositories for the Year 2026 Chair Showalter reviewed the staff report and recommendation. Motion by Commissioner Backlund to approve HRA Resolution No. 2026-02, Designating Official Depositories for the Housing and Redevelopment Authority. Seconded by Commissioner Brueggemeier. Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. 5.Approval of Redevelopment Contract for TIF District #27 Stacy Stromberg, HRA Assistant Executive Director, stated that Endeavor Development is seeking TIF assistance for the redevelopment of the property at 7350 Commerce Lane NE. She provided a brief overview of the proposed redevelopment project. Jessica Green provided a brief overview of previous actions of the HRA and City Council to establish the TIF District and explained that tonight the HRA is asked to consider the request for assistance. She reviewed details of the request for assistance and proposed terms. Motion by Commissioner Brueggemeier to approve HRA Resolution No. 2026-03, Authorizing Execution and Delivery of a Contract for Private Redevelopment by and Between the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota, and River Edge BC Owner, LP. Seconded by Commissioner Schwankl. Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. Informational Items 6.Update on Housing Programs Ms. Stromberg provided a brief overview of the 2025 year-end results for the monthly housing report on HRA programs. Commissioner Inamagua asked when the City will begin accepting Front Door Grant applications. Ms. Stromberg stated that people can begin to fill out applications now, noting the first deadline will be Housing and Redevelopment AuthorityMinutes Page 3 1/8/2026 in March and the second deadline is yet to be determined. She noted the upcoming open house for th the HRA programs on February 12. Adjournment Motion by Commissioner Brueggemeier to adjourn the meeting. Seconded by Commissioner Schwankl. Upon a voice vote, all voting aye, Chairperson Showalter declared the motion carried, and the meeting adjourned at 7:14 p.m. Respectfully submitted, Stacy Stromberg, Staff Liaison AGENDA REPORT Meeting Date: June 4, 2026 Meeting Type:Housing and Redevelopment Authority Submitted By:Stacy Stromberg, Assistant Community Development Director/HRA Paul Bolin, Commmunity Development Director Title: Annual Election of Officers Background Article V, Section 3 of the Authority's by-laws requires the Board of Commissioners to annually elect a Chair and Vice Chair. The election is typically held in June. Below is a list of the commissioners and the length of their current appointments. CommissionerEnd of Term Elizabeth Showlater - ChairJune 2028 Troy Brueggemeier - Vice ChairJune 2027 Gordon BacklundJune 2026 Rachel SchwanklJune 2030 Frank InamaguaJune 2029 Recommendation Staff recommends the Authority elect a Chair and Vice Chair, as required by the Authority's by- laws, to serve through June 2027. Attachments and Other Resources Vision Statement We believe Fridley will be a safe, vibrant, friendly, and stable home for families and businesses. AGENDA REPORT Meeting Date: June 4, 2026 Meeting Type:Housing and Redevelopment Authority Submitted By:Paul Bolin, Commmunity Development Director Stacy Stromberg, Assistant Community Development Director/HRA Title: Update on Housing Programs Background On a monthly basis, staff will provide updates from CEE on the past month's activity for the Authority's Loan Programs, Remodeling Advisor Visits, and Home Energy Squad Visits. Since the Authority hasn't met since January, attached are the updates from January through May 15th. Recommendation Attachments and Other Resources 1.1-16-26 to 2-15-26 Fridley 2.2-16-26 to 3-15-26 Fridley 3.3-16-26 to 4-15-26 Fridley 4.4-16-26 to 5-15-26 Fridley Vision Statement We believe Fridley will be a safe, vibrant, friendly, and stable home for families and businesses. Fridley Loan Summary Report Activity for Period 1/16/2026 - 2/15/2026 Application packets requested/mailed: This period:0Year-to-Date:0 4 Residential Advisor Visits:This period:2Year-to-Date: Applications received and processed in your City/Neighborhood this period: 6 This period:Year-to-Date: Closed Loans UnitsUnits FHF 0.00 00 0.00 2-4 Unit Revolving 0.00 0.00 Total00 UnitsUnits Fridley 00 7,468.76 11 Closed End7,468.76 0.00 00 0.00 Down Payment Assistance 0.00 00 0.00 Home Betterment Deferred 0.00 00 0.00 Last Resort 0.00 00 Last Resort Emergency 0.00 Deferred 0.00 00 0.00 Mobile Home Closed End 0.00 00 0.00 Multi Family Exterior Closed End 19,160.00 11 Senior Deferred19,160.00 26,628.76 26,628.76 Total22 This period:UnitsYear-to-Date:Units Leveraged Funds 00 0 0 Total # Types of Improvements Financed YTD# of Projects%of TotalTypes of Properties Financed YTD% of Total Single Family Residence 2100.00 150.00 Bathrooms 150.00 Other Exterior Improvements Fridley Loan Summary Report Activity for Period 2/16/2026 - 3/15/2026 Application packets requested/mailed: This period:0Year-to-Date:0 7 Residential Advisor Visits:This period:3Year-to-Date: Applications received and processed in your City/Neighborhood this period: 17 This period:Year-to-Date: Closed Loans UnitsUnits FHF 0.00 00 0.00 2-4 Unit Revolving 0.00 0.00 Total00 UnitsUnits Fridley 00 0.00 01 Closed End7,468.76 0.00 00 0.00 Down Payment Assistance 0.00 00 0.00 Home Betterment Deferred 0.00 00 0.00 Last Resort 0.00 00 Last Resort Emergency 0.00 Deferred 0.00 00 0.00 Mobile Home Closed End 0.00 00 0.00 Multi Family Exterior Closed End 40,000.00 23 Senior Deferred59,160.00 66,628.76 40,000.00 Total24 This period:UnitsYear-to-Date:Units Leveraged Funds 00 0 0 Total # Types of Improvements Financed YTD# of Projects%of TotalTypes of Properties Financed YTD% of Total Single Family Residence 4100.00 250.00 Bathrooms 250.00 Other Exterior Improvements Fridley Loan Summary Report Activity for Period 3/16/2026 - 4/15/2026 Application packets requested/mailed: This period:0Year-to-Date:0 8 Residential Advisor Visits:This period:1Year-to-Date: Applications received and processed in your City/Neighborhood this period: 23 This period:Year-to-Date: Closed Loans UnitsUnits FHF 0.00 00 0.00 2-4 Unit Revolving 0.00 0.00 Total00 UnitsUnits Fridley 00 41,789.96 23 Closed End49,258.72 0.00 00 0.00 Down Payment Assistance 20,000.00 11 20,000.00 Home Betterment Deferred 0.00 00 0.00 Last Resort 0.00 00 Last Resort Emergency 0.00 Deferred 0.00 00 0.00 Mobile Home Closed End 0.00 00 0.00 Multi Family Exterior Closed End 0.00 03 Senior Deferred59,160.00 128,418.72 61,789.96 Total37 This period:UnitsYear-to-Date:Units Leveraged Funds 19,884.00119,884.001 MHFA FUF 19,884.0019,884.001 1 Total # Types of Improvements Financed YTD# of Projects%of TotalTypes of Properties Financed YTD% of Total Single Family Residence 8100.00 225.00 Bathrooms 112.50 Fence 112.50 Landscaping 337.50 Other Exterior Improvements 112.50 Roof Fridley Loan Summary Report Activity for Period 4/16/2026 - 5/15/2026 Application packets requested/mailed: This period:1Year-to-Date:1 8 Residential Advisor Visits:This period:0Year-to-Date: Applications received and processed in your City/Neighborhood this period: 38 This period:Year-to-Date: Closed Loans UnitsUnits FHF 0.00 00 0.00 2-4 Unit Revolving 0.00 0.00 Total00 UnitsUnits Fridley 00 131,196.72 47 Closed End180,455.44 20,000.00 22 20,000.00 Down Payment Assistance 0.00 01 20,000.00 Home Betterment Deferred 0.00 00 0.00 Last Resort 0.00 00 Last Resort Emergency 0.00 Deferred 0.00 00 0.00 Mobile Home Closed End 0.00 00 0.00 Multi Family Exterior Closed End 0.00 03 Senior Deferred59,160.00 279,615.44 151,196.72 Total613 This period:UnitsYear-to-Date:Units Leveraged Funds 0.00019,884.001 MHFA FUF 0.0019,884.001 0 Total # Types of Improvements Financed YTD# of Projects%of TotalTypes of Properties Financed YTD% of Total Single Family Residence 14100.00 211.76 Bathrooms 211.76 Down Payment Assistance 15.88 Driveways 15.88 Fence 15.88 Flooring/Carpet/Tile 15.88 Foundations/Basement 15.88 Kitchens 15.88 Landscaping 317.65 Other Exterior Improvements 15.88 Other Interior Improvements 211.76 Roof 15.88 Windows, Doors, Storm Windows, Storm Doors