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City Council — Tuesday, January 28, 2025 · from the brief
Resolution supporting 4d tax classification for Hempel Real Estate affordable rental properties. The council adopted a resolution supporting 4d tax classification for Hempel Real Estate related to the acquisition and…
Housing & Redevelopment Authority · Tuesday, February 17, 2026
ax classification impacts and possible policy. EXECUTIVE SUMMARY In January 2025, the City Council and Housing and Redevelopment Authority (HRA) considered a request from Hempel Companies to approve the 4d(1) tax…
Housing & Redevelopment Authority · Monday, July 20, 2026
reshold (0.46% of Richfield's tax capacity qualifies for 4d (1)). • Owners may also qualify for 4d (1) if a city provides financial assistance in exchange for a commitment to affordability (at least 20% of units at 60%…
City Council · Tuesday, June 9, 2026
re being met, and it makes financial sense for the City. RECOMMENDED ACTION By Motion: Adopt a resolution approving a policy governing the use of the 4d (1) Page 84 of 98 -- 84 of 98 -- tax classification to help create…