Meeting record · Richfield, Minnesota
Housing & Redevelopment Authority — Monday, September 15, 2025
5 items on the record
Read this day's brief Official records (city portal)
Items on the record
Item 5.a.Discussedinformational or procedural item — no vote taken
Approval of Minutes - August 18, 2025 HRA Meeting
The HRA was scheduled to approve the minutes of its August 18, 2025 regular meeting, which had included consent calendar approvals, adoption of the 2026 HRA budget and tax levy resolutions, and approval of claims totaling $254,107.99. This is a routine procedural record-keeping action with no new policy effect.
Item 7.a.Outcome pendingfinal tally arrives when the city publishes the minutes
Loan Agreement with Penn Station Apartments, LLLP for Tax Base Revitalization Account Grant
The HRA considered approving a Loan Agreement, promissory note, and mortgage with Penn Station Apartments, LLLP to provide $303,200 in Metropolitan Council Tax Base Revitalization Account grant funds as a 30-year deferred loan for environmental cleanup at 6501-6525 Penn Avenue South. The funds will remove contaminated soil and building materials to allow construction of a planned 42-unit affordable housing development, with financing expected to close this fall.
Item 7.b.Outcome pendingfinal tally arrives when the city publishes the minutes
Estoppel Certificate and Assignment and Assumption Agreement for Riley-Richlyn Development
The HRA considered approving an Estoppel Certificate and an Assignment and Assumption Agreement related to the existing Contract for Private Development for the Riley-Richlyn development. No additional financial or project details were provided in the agenda packet.
Item 10.a.Outcome pendingfinal tally arrives when the city publishes the minutes
Resolution Accepting Bring It Home Minnesota Funding Award
The HRA considered a resolution to formally accept a funding award from the Bring It Home Minnesota program. No specific dollar amount or program details were included in the agenda materials.
Item 14Discussedinformational or procedural item — no vote taken
Approval of Claims
The HRA was scheduled to consider approval of claims for payment as part of the routine September 15, 2025 meeting agenda. No specific claim amounts for this meeting were listed in the available documents.
Official documents
Last updated Tuesday, July 28, 2026 · AI-assisted summaries — the official documents above are authoritative.