HomeMy WebLinkAboutResolution No. 189-20 - Letter of Support for Proposed Northern Heights Housing
RESOLUTION
Supporting a Tax Credit Application for a 66-Unit Workforce Housing Project to
be known as Northern Heights by Joseph Development.
WHEREAS, Joseph Development is proposing to build a 66-unit workforce housing project
in the City of Rochester; and,
WHEREAS, development of the property will be subject to the City’s Zoning Ordinance and
Land Development Manual; and,
WHEREAS, 100% of the units in the housing project will be affordable to households with
incomes at or below 60% of the area median income; and,
WHEREAS, the City wishes to support the application that Joseph Development is
submitting to Minnesota Housing Finance Agency (MHFA) for Housing Tax Credits; and,
WHEREAS, the City will work with Developer to secure Tax Increment Financing (TIF)
assistance from the City by creating a Housing TIF District upon the Developer’s securing
an allocation of Housing Tax Credits from MFHA for the Project; and,
WHEREAS, The City cannot create a Housing TIF District in support of the Project until
all statutory requirements have been fully satisfied, including the consideration of
comments from the pubic and affected government jurisdictions following a public
hearing; and.
WHEREAS, the success of the application is predicated on local support of the proposal.
NOW, THEREFORE, BE IT RESOLVED by the City of Rochester Common Council that the
City of Rochester as follows:
1. The Rochester Common Council supports the application for the housing tax credits
for the construction of a 66-unit workforce housing project known as Northern Heights
by Joseph Development subject to meeting the provisions of the City of Rochester
Land Development Manual and Zoning Ordinance.
2. The Rochester Common Council supports the Project subject to final determination of
project eligibility, required reviews, public input, notice and hearing and without
surrendering its legislative discretion.
3. The Rochester Common Council, upon MHFA’s approval of Housing Tax Credits for
the Project, authorizes City staff to continue to work on Tax Increment Financing for the
Project upon receipt of a TIF application and corresponding fee from the Developer.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2020.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2020.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)