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From the record · 7 matches
City Council — Tuesday, June 9, 2026 · from the brief
Policy for Use of 4d(1) Tax Classification for Affordable Housing. The Council adopted Resolution 12428 approving a policy governing use of the 4d(1) tax classification, directing it be used only as a last resort after…
Economic Development Authority — Monday, July 20, 2026 · from the brief
Policy for Use of the 4d(1) Tax Classification to Create and Preserve Affordable Housing. The EDA will consider ratifying a policy, already approved by the City Council on June 9, 2026, governing when the City, HRA, or…
Housing & Redevelopment Authority — Monday, July 20, 2026 · from the brief
Ratification of 4d(1) Tax Classification Policy for Affordable Housing. The HRA will consider ratifying a policy, already approved by the Richfield City Council on June 9, 2026, that governs when the City, HRA, or EDA…
Work Session — Monday, April 20, 2026 · from the brief
Continued Discussion: 4d(1) Affordable Housing Tax Classification Policy. The City Council and Housing and Redevelopment Authority held a joint work session continuing their February 17, 2026 discussion of the state's…
Housing & Redevelopment Authority · Tuesday, February 17, 2026
2 of 23 -- 2 of 23 -- groups. POLICIES (RESOLUTIONS, ORDINANCES, REGULATIONS, STATUTES, ETC.) More detailed information on the 4d(1) tax classification is provided in Attachment A. CRITICAL TIMING ISSUES A second work…
City Council · Tuesday, June 9, 2026
to create and preserve affordable housing for those with lower incomes is the 4d (1) tax classification (4d (1)). When the City or its Housing and Redevelopment Authority (HRA) or Economic Development Authority (EDA)…
Housing & Redevelopment Authority · Monday, July 20, 2026
classification provides a reduction in the tax classification for the Property from 1.25% to 0.25% resulting in substantial cost savings to the Property, which can help facilitate new construction as well as encourage…