Hennepin County Housing and Redevelopment Authority, August 13, 2026
Approves Terminate and forgive AHIF agreements with Alliance Housing for Scattered Site 8 portfolio, unanimous
What happened
The Hennepin County HRA approved three financial/redevelopment actions on voice votes: an amendment extending the term of the agreement with 2116 Nicollet LLP for the 2116 Nicollet affordable housing project (43 deeply affordable units, 11 for people exiting homelessness) to Dece…
- Jurisdiction
- Hennepin County, MN
- Governing body
- Final authority
- Date
- August 13, 2026
- Decisions
- 3 zoning decisions
- Outcome
- Approved, unanimous
Free sample: decision 1 of 3
Amendment to agreement with 2116 Nicollet LLP for 2116 Nicollet project
Amendment extending the loan and affordability term of the agreement with 2116 Nicollet LLP for the 2116 Nicollet project to December 31, 2083, gaining three additional years of affordability beyond the original 50-year commitment. No change to the NTE. Project includes 43 deeply affordable units, 11 reserved for people exiting homelessness. Passed by voice vote.
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
The Hennepin County HRA approved three financial/redevelopment actions on voice votes: an amendment extending the term of the agreement with 2116 Nicollet LLP for the 2116 Nicollet affordable housing project (43 deeply affordable units, 11 for people exiting homelessness) to Dece…
Key Decisions (3)
Amendment to agreement with 2116 Nicollet LLP for 2116 Nicollet project
Terminate and forgive AHIF agreements with Alliance Housing for Scattered Site 8 portfolio
Negotiate amendments to agreements with Next Stage for small business recovery funding
Development Activity (2)
2116 Nicollet project
Residential
Scattered Site 8 portfolio rental-to-homeownership conversion
Residential
Market Signals (2)
Housing Demand
Hennepin County HRA is actively pursuing affordable rental-to-homeownership conversions of…
Commercial Demand
The county is deploying up to $1 million in low-barrier…
Who Spoke (5)
On the record: 2 commissioners and 2 staff members.
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