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St. Paul HRA amends 2025 loan fund budget to carry over two rental rehab projects

5875642 · April 16, 2025
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Summary

The HRA unanimously approved a housekeeping budget amendment to carry over funds from 2024 to 2025 to complete two rental rehabilitation projects in Ward 4 (Districts 10 and 11).

The St. Paul Housing and Redevelopment Authority voted 5-0 to amend the 2025 HRA Loan Enterprise Fund budget to reflect carryover from 2024 for two rental rehabilitation projects in Districts 10 and 11 in Ward 4.

Director Newton described the change as a routine cleanup of the budget process: the projects were underway in 2024 and the funds should have been carried into 2025 to complete work. Staff recommended approval to ensure the projects can be paid and completed.

Commissioners provided no substantive debate and the resolution was adopted without opposition. The amendment simply records the carryover so staff can proceed with payments and project completion.

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