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Council backs workforce‑housing plan, approves $300,000 local support for Cobcook Place
Summary
Hibbing council approved a resolution supporting the Iron Exchange At 400 workforce‑housing project and authorized $300,000 from previously allocated mineral amendment funds for the HRA’s Cobcook Place application, including waiving a $2,500 application fee.
Community development director Miss Olavonte told the council on March 11 that the city needed additional housing options and preservation after a 2023 housing needs analysis and a January 2026 strategic plan prioritized new and diverse housing. "Which is, supporting workforce housing project and creation of a tax increment financing district," she said, describing the proposal tied to the 400‑block redevelopment project known in the agenda as the Iron…
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