HomeMy WebLinkAbout2026/04/08 - ADMIN - Minutes - Housing Authority - Regularfl/St.1is Park
htovsing,Authority
1.Call to order:The meeting was called to order at 5:00 p.m.
Official Minutes
Housing Authority meeting
St.Louis Park,Minnesota
April 8,2026
Roll call:
Members present:Shelby Conway,Catherine Courtney,Thom Miller,Jolene Tanner
and Val Upsher
Staff present:Katie Kline,Marney Olson,Nico le Randall and Angela Nelson
2.Approval of Minutes -Minutes for the February board meeting were reviewed.
It was moved by Commissioner Courtney,seconded by Commissioner Conway to approve
the February 2026 minutes as presented.
Motion passed 5-0.
3.Hearings -None
4.Presentation -None
5.Unfinished Business-None
6.New Business
a.Bring it Home update -Ms.Randall summarized the timeline of the Bring It Home
program including the waiting list opening in January 2026.Priority preferences include
households at 30%AMI with children,who are rent-burdened,and who are able to
lease in place in St.Louis Park.As of the meeting date,55 families were screened and 9
vouchers issued,with the first housing assistance payment to be made the following
day.
b.Terasa project based voucher request -Ms.Olson presented a request for project
based vouchers from the Terasa development,a 223-unit mixed-use building that
includes 45 affordable units at 50%AMI-nearly double the units required under the
city's inclusionary housing policy.Staff recommended denial of the request on the
grounds that the project does not meet the eligibility requirements for project-based
vouchers,namely:
•Construction commenced before a required environmental review and subsidy
layering review were completed
•The project did not go through a competitive RFP process for project based
vouchers
Staff emphasized that tenant based vouchers may still be utilized at this property.
It was moved by Commissioner Courtney,seconded by Commissioner Tanner to deny
request for project based vouchers for the Terasa project.
Motion passed 5-0.
Official Minutes
Housing Authority
April 8,2026
2
c.2025 Housing Activity Report -Ms.Olson provided highlights from the 2025 Housing
Activity Report.The down payment assistance program continues to grow in demand,
with an income limit of 115%AMI.The first-generation homeownership program,with
an income limit of 80%AMI,also showed strong utilization.The Move up in the Park
program saw reduced usage and will be monitored by staff for program effectiveness.
Staff noted that a new deferred loan program is set to launch in 2026.Across all Housing
Authority rental assistance programs,81%of households served are at or below 30%
AMI.The Board suggested that a future version of the inclusionary housing policy table
include a column showing the percentage of affordable units relative to total units in
each development.
7.Communications
8.Other
9.Adjournment
It was moved by Commissioner Conway,seconded by Commissioner Tanner,to adjourn
the meeting.Motion passed 5-0.
The meeting was adjourned at 5:55 p.m.
Respectfully submitted,
"ten fanserer