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23-03 Approve Twin Cities Habitat for Humanity as Qualified Developer 1211 Lilac DriveHRA RESOLUTION NO. 23-03 A RESOLUTION APPROVING TWIN CITIES HABITAT FOR HUMANITY AS QUALIFIED DEVELOPER OF 1211 LILAC DRIVE NORTH UNDER THE HOME OWNERSHIP PROGRAM FOR EQUITY WHEREAS, The purpose of the Home Ownership Program for Equity is to provide affordable, owner-occupied, single family housing in Golden Valley; and WHEREAS, The Housing and Redevelopment Authority of the City of Golden Valley strongly supports the development of affordable housing in our city; and WHEREAS, Systemic racism in housing occurs today – Black, Indigenous, and other communities of color continue to face discrimination and lack of access to affordable housing and home ownership; and WHEREAS, The Home Ownership Program for Equity recognizes that cities must also be more inclusive of Black Indigenous and People of Color populations by creating opportunities and resources for housing that are accessible at all affordability levels; and WHEREAS, Given existing racial disparities in housing, providing both affordable rental and homeownership opportunity is not only vital to providing all individuals and families with housing choice, but also with access to stable housing that impacts their health, education, employment, and ability to build wealth; and WHEREAS, Proposals from organizations that have demonstrated success in building relationships of trust with Black, Indigenous and People of Color populations and in serving first generation homebuyers are a priority of the Home Ownership Program for Equity; and WHEREAS, Proposals from organizations committed to serving homebuyers with annual incomes at 60% - 80% of Area Median Income as defined by Minnesota Housing Finance Agency’s Community Homeownership Impact Fund income limits for the 11 County Twin Cities Metro Area are a priority of the Home Ownership Program for Equity; and WHEREAS, dedicated publicly owned land for more affordable housing for homeownership is a valuable resource to meet our affordable housing goals; and WHEREAS, Twin Cities Habitat for Humanity has proposed, in partnership with Homes Within Reach, to develop a either a duplex or a single family home affordable at 60%-80% of Area Median Income, funding contingent, at 1211 Lilac Drive N (EXHIBIT A). DocuSign Envelope ID: EC91C8C7-E0C2-4FBF-BB2E-67A4B818A267 NOW, THEREFORE, BE IT RESOLVED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF GOLDEN VALLEY that this Authority approves Twin Cities Habitat for Humanity as qualified developer of either a duplex or a single family home affordable at 60%-80% of Area Median Income, funding contingent, at 1605 Douglas Drive under the Home Ownership Program for Equity. Adopted by the Housing and Redevelopment Authority of Golden Valley, Minnesota this 21st day of February, 2023. Gillian Rosenquist, Chair ATTEST: Timothy J. Cruikshank, Executive Director DocuSign Envelope ID: EC91C8C7-E0C2-4FBF-BB2E-67A4B818A267 EXHIBIT A LEGAL DESCRIPTION DocuSign Envelope ID: EC91C8C7-E0C2-4FBF-BB2E-67A4B818A267