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Albert Lea pledges matching funds for proposed 60-unit workforce housing project

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Summary

Council authorized support for a Greater Minnesota Housing Infrastructure grant application and committed matching funds for a proposed 60-unit Tapestry apartment at Blazing Star; the grant requires 50% non-state matching capital funding and the application deadline is June 12, 2025.

Albert Lea — The Albert Lea City Council on May 12 authorized city support and a commitment of matching funds for a Greater Minnesota Housing Infrastructure grant application to advance a proposed 60-unit workforce housing project by developer Tapestry.

City staff told the council Minnesota Housing is accepting applications for the program and that the grant requires matching funds equal to 50% of capital costs to come from sources other than the grant proceeds, including non-state resources. The project described in staff remarks would construct a 60-unit apartment complex at a Blazing Star site identified as Block 2, Lot 2.

The application deadline is Friday, June 12, 2025, and staff recommended approval of the city's support resolution. The council approved the resolution as part of the consent agenda; the motion to approve the consent agenda was moved by Councilor Baker, seconded by Councilor Anderson, and carried by voice vote.

Staff did not provide a capital-cost total for the project during the meeting; councilors asked only procedural questions and did not request additional financial details at the time. The city manager indicated the match must include non-state resources per the grant rules.