Summary

HRA approves TIF spending plan amendment and multiple TIF decertifications; developer agreement amendment approved

RichfieldNov 17, 20253 min read

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The Richfield Housing and Redevelopment Authority met November 17, 2025. Ehlers presented a Tax Increment Financing (TIF) status update. The HRA approved an amendment to a developer agreement with West Hennepin Affordable Housing Land Trust (Homes Within Reach), an amended 2022 TIF spending plan, and decertification of four TIF districts (Emi/TIF No. 2020-2, Urban Village, Interchange West/Lyndale Gateway). Claims for 10/20/2025 and 11/17/2025 were approved. Executive Director reported on the Penn Station project closing and announced an upcoming HRA commissioner vacancy due to the chair reaching her term limit.

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Housing and Redevelopment Authority

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Budget & TaxHousing

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Key decisions

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Approved agenda (motion carried 5-0).
Approved minutes of the Housing and Redevelopment Authority regular meeting of September 15, 2025 (motion carried 5-0).
Approved First Amendment to Developer Agreement with West Hennepin Affordable Housing Land Trust dba Homes Within Reach (Resolution No. 1517) (motion carried 5-0).
Approved an Amended 2022 Tax Increment Spending Plan (Resolution No. 1518) (motion carried 5-0).
Approved decertification of Tax Increment Financing District No. 2020-2 (Emi) (Resolution No. 1519) (motion carried 5-0).
Approved decertification of the Urban Village Tax Increment Financing District (Resolution No. 1520) (motion carried 5-0).
Approved decertification of the Interchange West / Lyndale Gateway Tax Increment Financing District (Resolution No. 1521) (motion carried 5-0).
Approved claims: $270,575.94 (U.S. Bank 10/20/2025) and $318,598.19 (U.S. Bank 11/17/2025) (motion carried 5-0).

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Meeting information

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Housing and Redevelopment Authority

Nov 17, 2025, 7:00 PMRichfield Municipal Center, City Council Chambers, 6700 Portland Avenue, Richfield MN 55423completed

Agenda

1. Call to Order
2. Roll Call
3. Open Forum
a. Participants can share their comments in person, by voicemail, or email, and may also request to participate virtually. For more information on submitting comments, refer to the HRA Agenda and Minutes page on the City's Website .
1A. Executive Summary 1B. Historical Context
Decision: Open Forum
4. Approval of the Agenda
5. Approval of Minutes
a. Approval of the minutes of the Regular Housing and Redevelopment Authority meeting of September 15, 2025.
1A. Executive Summary 1B. Historical Context | attachments=1
Decision: Approval of Minutes
6. Presentations
a. TIF Status Presentation
1A. Executive Summary 1B. Historical Context | attachments=1
Decision: Presentations
7. Consent Calendar
Consent Calendar contains several separate items, which are acted upon by the HRA in one motion. Once the Consent Calendar has been approved, the individual items and recommended actions have also been approved. No further HRA action on these items is necessary. However, any HRA Commissioner may request that an item be removed from the Consent Calendar and placed on the regular agenda for HRA discussion and action. All items listed on the Consent Calendar are recommended for approval.
a. Consideration of a resolution authorizing an amendment to the Developer Agreement with West Hennepin Affordable Housing Land Trust.
1A. Executive Summary 1B. Historical Context | attachments=3 | reports=1
Decision: Consent Calendar
8. Consideration of Items, if Any Removed From Consent Calendar
9. Public Hearings
10. Resolutions
a. Consider an Amendment to the 2022 Spending Plan for unobligated tax increment.
1A. Executive Summary 1B. Historical Context | attachments=1 | reports=1
Decision: Resolutions
b. Consideration of a resolution authorizing the decertification of Tax Increment Financing District No. 2020-2
1A. Executive Summary 1B. Historical Context | attachments=1 | reports=1
Decision: Resolutions
c. Consider a resolution authorizing decertification of the Urban Village Tax Incremement Financing District.
1A. Executive Summary 1B. Historical Context | attachments=1 | reports=1
Decision: Resolutions
d. Consider a resolution authorizing decertification of the Interchange West / Lyndale Gateway Tax Increment Financing District.
1A. Executive Summary 1B. Historical Context | attachments=1 | reports=1
Decision: Resolutions
11. Other Business
12. Executive Director’s Report
13. HRA Discussion Items
14. Approval of Claims
15. Adjournment

HRA approves TIF spending plan amendment and multiple TIF decertifications; developer agreement amendment approved

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