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HomeMy WebLinkAbout05(F) - Approve Contribution of Local Affordable Housing Aid to Habitat for Humanity Report Date: August 2, 2024 To: Jason Wedel, City Manager Mayor and City Council of Prior Lake From: Chad Dipman, Twin Cities Habitat for Humanity RE: Request for Local Affordable Housing Aid Twin Cities Habitat for Humanity is developing 12 for-sale townhomes in Prior Lake on 170th St, SE. The first four units are nearing completion. Twin Cities Habitat for Humanity is requesting $30,280 of Prior Lake’s Local Affordable Housing Aid funds for the construction of these units. The funds will be used to complete the air conditioning, washer and dryers and garage door openers in the first four units. The units will be sold to income eligible homebuyers making 80% of area median income or below and will become part of the Scott County Community Land Trust administered by the Scott County Community Development Agency. Thank you for your consideration of this request and for your support of affordable homeownership opportunities within the City of Prior Lake. Sincerely, Chad Dipman Land Development Director