Public Hearing: Authorizing Conveyance of City Owned Property to the Edina Housing Foundation

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  • Timeline

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    8 days ago

    2018: One of the established goals for hiring an Affordable Housing Development Manager was to create affordable, single family ownership opportunities.

    2019: Staff researched publicly owned parcels (city owned land) to determine if there was potential for development. This research was shared with the Edina Housing Foundation who is a city partner on affordable housing. This group has experience with buying land for affordable housing purposes and seeking developers.

    June 2, 2020: The Edina Housing Foundation and City Council met in a City Council Work Session where this idea was first presented to the Council.

    June 16, 2020: The City Council approved the request to hold a Public Hearing on July 21 in order to provide a forum for the public to submit input on the project.

    July 1, 2020: The Public Hearing and project information was published on Better Together Edina.

    July 9, 2020: Notice of the Public Hearing was published in the Edina Sun Current.

    July 21, 2020: The Public Hearing was tabled until August 18.

  • Background

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    about 1 month ago

    Edina has an opportunity to address the demand for affordable housing through the sale of a City owned parcel at Abercrombie Drive and Duggan Plaza combined with portions of the streets on either side that need to be vacated (“Property”).

    The Property at Duggan Plaza and Abercrombie is relatively flat, is nestled between two single family homes, with the rear of the lot at Normandale road. This Property was once a median like what is in Duggan Plaza. This is an extension of Duggan Plaza that was not formally vacated but grassed over.

    The lot is approximately 133 feet deep and 102.59 feet wide. The lot area is 13,618 square feet.

    The Property provide an opportunity to develop housing that is achievable to households with incomes at or below 120% of the Area Median Income (roughly $120,000).

    The Edina Housing Foundation has assembled a proposal for the land for Council consideration.

  • Edina Housing Foundation Proposal

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    about 1 month ago

    Edina Housing Foundation Proposal

    The Edina Housing Foundation (“Foundation”), an independent 501(c)3 nonprofit corporation, proposes buying the City of Edina owned median for $1.00 for the purpose of creating entry level ownership opportunities for households who either want to move to Edina or transition to homeownership from rental. Once the Foundation has site control, they would undergo the following process:

    • Request a vacation of the right of way on both sides of the City owned median.
    • Request a platting of the median with the vacated right of ways.
    • Submit a Request for Proposals to affordable single-family housing developers.
    • Select a developer with the best experience, capacity and demonstrated outcomes to fulfill to housing requirements for this Property.
    • Require house design to complement existing neighborhood.
    • Developer would hold a community meeting to gather input on proposed design.
    • The house will be sold to an income qualified homeowner: 80% to 120% of AMI (~$120,080)
    • Restrictions will be placed on the property to keep affordable for as long as legally possible.

    The Edina Housing Foundation would like to explore splitting the lot to create two single family ownership opportunities. The lot is wide at over 102’ and according to housing developers is ample enough for two homes. One of the restrictions Edina has for the creation of affordable housing in strict land use regulations that call for large minimum lot sizes. This is an opportunity to ease those barriers that keep people out rather than welcoming people in.

    The proposed development would be required to seek all required regulatory approvals from the Planning Commission and City Council.