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HRA approves rehab guideline change and Children's Healthcare conduit bonds; introduces TIF action for The Heights and Dayton's Bluff subordination

Saint Paul Housing and Redevelopment Authority · December 11, 2024
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Summary

The Saint Paul HRA unanimously approved amendments to the Homeowners Rehab program and a conduit bond issuance for Children’s Healthcare, and heard introductions on TIF spending for The Heights and a loan subordination for Dayton's Bluff to return for action next week.

At its meeting, the Saint Paul Housing and Redevelopment Authority approved two resolutions and received staff introductions on two finance and development items scheduled for action next week.

The board approved a citywide amendment to the Homeowners Rehab program guidelines. Director Newton noted the changes had been presented at prior meetings and were split into two pieces for clarity; the staff recommendation was approval. Commissioners described the amendments as relatively minor changes that will help the program operate more smoothly. The resolution passed on voice vote, recorded as "6 in favor, 0 opposed."

The board also closed a…

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