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City plans RFP for 45–47 unit housing project; staff holds option on parcel with TIF reimbursement
Summary
City staff said they are preparing an RFP for a 45–47 unit housing development expected to be TIF‑assisted; the city holds a one‑year option (with a one‑year extension) on a targeted parcel, paying $9,900 for the option and expecting to reimburse infrastructure costs through TIF if a developer proceeds.
City staff told the Crookston City Council on May 5 that they are preparing a request for proposals (RFP) for a 45–47 unit housing project and expect to present the RFP for council review within about 60 days.
Staff said the project would be led by an outside developer, with limited city management, and would use a redevelopment tax-increment financing (TIF) district to…
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