IV.4. Resolution Supporting the Hennepin County Transit Oriented Development Funding for the Vista 44 Project; YoungquistNovember 14, 2022 Council Report 2022-107
SUPPORT FOR HENNEPIN COUNTY TRANSIT ORIENTED DEVELOPMENT FUNDING
FOR VISTA 44
Proposed Action
Staff recommends adoption of the following motion: Move to approve Resolution 2022-080
supporting the Hennepin County Transit Oriented Development Funding for the Vista 44
project.
Overview
In December 2019, Beacon Interfaith Housing Collaborative received land use entitlements
for development of a 50-unit affordable apartment building with supportive services, located
at 44 12th Avenue South and known as Vista 44.
Hennepin County offers a Transit Oriented Development (TOD) Program that provides
funding for development that enhances transit uses. Beacon was awarded funding through
two rounds of the Hennepin County TOD Program to support the development of Vista 44.
In 2020, Hennepin County awarded $150,000 for land acquisition, and in 2021, $250,000
was awarded for landscaping, public bike infrastructure, site work and stormwater
management for the Vista 44 project.
Developers that have been awarded TOD Program funding work directly with Hennepin
County in administering the funds, although Hennepin County requires a resolution of
support from the City for the project. There is no financial obligation or staff involvement
from the City with administration of these funding awards.
Supporting Information
• Resolution 2022-080
________________________________________
Jan Youngquist, AICP
Community Development Coordinator
Financial Impact: $_____0____Budgeted: Y/N ___ Source: __________
Related Documents (CIP, ERP, etc.): _______________________________________
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 2022-080
RESOLUTION SUPPORTING HENNEPIN COUNTY TRANSIT ORIENTED
DEVELOPMENT FUNDING FOR THE VISTA 44 PROJECT
WHEREAS, in 2019, the City of Hopkins approved land use entitlements for the Vista 44
50-unit affordable multi-family development project located at 44 12th Avenue South within
the City; and
WHEREAS, Hennepin County has a transit oriented development loan/grant program
(TOD Program) to support development that enhances transit uses; and
WHEREAS, on November 17, 2020, the Hennepin County Housing and Redevelopment
Authority (HCHRA) authorized a TOD Program grant award to Beacon Interfaith Housing
Collaborative of $150,000 to support land acquisition for the Vista 44 project; and
WHEREAS, on May 11, 2021, the Hennepin County Housing and Redevelopment Authority
(HCHRA) authorized a TOD Program loan award to Beacon Interfaith Housing
Collaborative of $250,000 to support landscaping, public bike infrastructure, site work and
stormwater management for the Vista 44 project; and
WHEREAS, the Hennepin County TOD Program guidelines require a resolution from the
local municipality approving the project.
BE IT RESOLVED THAT the City Council of Hopkins, in accordance with Minnesota
Statues § 383B.77, subd. 3, hereby supports the Vista 44 project and its funding awards
from the Hennepin County Housing and Redevelopment Authority.
Adopted this 14th day of November, 2022.
By:__________________________
Patrick Hanlon, Mayor
ATTEST:
____________________________
Amy Domeier, City Clerk