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HRA forgives part of 2009 AHIF loan for troubled Rental Reclaim property; owner unable to make repairs
Summary
The Hennepin County HRA voted to forgive part of a 2009 Affordable Housing Incentive Fund loan tied to a long‑vacant Rental Reclaim 1 property at 620 23rd Avenue North after staff said the nonprofit owner cannot afford necessary repairs.
The Hennepin County Housing and Redevelopment Authority approved staff recommendations on April 21 to forgive a portion of a 2009 Affordable Housing Incentive Fund (AHIF) loan associated with Rental Reclaim 1. The scattered‑site portfolio includes three addresses (12 units total). One property, 620 23rd Avenue North, has experienced repeated break‑ins, vandalism and stripping of plumbing and wiring; staff said it is currently not…
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