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Anoka County housing board approves $25,000 forgivable loan to Anoka Technical College Foundation
Summary
The Anoka County Housing and Redevelopment Authority voted unanimously Feb. 25 to approve a $25,000 forgivable loan (contract C00114366) to the Anoka Technical College Foundation to help purchase a flatbed laser cutter; the loan is reduced by $5,000 for every 50 students trained, and staff clarified the contract's term is the fund-request window.
On Feb. 25, 2025, the Anoka County Housing and Redevelopment Authority approved a $25,000 forgivable loan to the Anoka Technical College Foundation to help purchase training equipment under contract C00114366.
The action came after the ACHRA management committee recommended the loan and staff provided details about the award and its terms. ACHRA staff member Tanya said the foundation…
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