[PAGE 1]
Housing and Redevelopment Authority Meeting
Council Chambers
January 28,
Upon the conclusion of the Woodbur2y0 E2D6A meeting, estimated to be 7:40 p.m.
This Housing and Redevelopment Authority (HRA) meeting is taking place virtually and at
Woodbury City Hall in the Council Chambers.
Meetings are recorded by TrueLens Community Media and are broadcast live and replayed on cable
channel 799. Meetings are also available on the City of Woodbury’s YouTube channel.
Members of the public may attend the meeting in person and may also join the meeting using a
computer, tablet, or smartphone and accessing the virtual meeting link at
woodburymn.gov/VirtualMeetings.
Watch the Live Meeting
Public comments will be accepted during the meeting both in person and virtually. Virtual
questions should be submitted via the online Q&A feature within the virtual meeting link.
Questions regarding the meeting will also be taken between the hours of 8:00 a.m. to 4:30 p.m. at
651-714-3524 or at council@woodburymn.gov. Questions received after 4:30 p.m. will be
responded to in the next three to seven business days.
Please note that all agenda times are estimates.
1. Call to Order
2. Roll Call
3. Consent Agenda
All items listed under the consent agenda are considered to be routine by the HRA
Board and will be enacted by one motion and an affirmative vote by roll call of a
majority of the members present. There will be no separate discussion of these
items unless a Commissioner or citizen so requests, in which event, the items will be
removed from the consent agenda and considered a separate subject of discussion
by the Board.
3A. Approval of Minutes - December 10, 2025
3B. Approval of the 2026 HRA Annual Meeting 26-01
Staff recommends HRA adopt HRA Resolution 26-01, a resolution appointing
the 2026 HRA officers.
3 Approval of Designating Depository of Public Funds 26-02

[PAGE 2]
Woodbury Housing and Redevelopment Authority
Agenda January 28, 2026 | 7:40 PM
Staff recommends that the Woodbury HRA Board adopt a motion designating
CorTrust Bank as the HRA’s depository of public funds for the year 2026.
3D. Consider Adoption of HRAD-1.6: Housing and Redevelopment Authority 26-03 (HRA)
Land Banking Policy Staff recommends HRA adopt HRA Resolution 26-02, a
resolution adopting HRAD-1.6: Housing and Redevelopment Authority (HRA) Land
Banking Policy.
4. Public Hearings No Items
Scheduled
5. Discussion No Items
Scheduled
6. Adjournment
The City of Woodbury is subject to Title II of the Americans with Disabilities Act, which prohibits
discrimination on the basis of disability by public entities. The City is committed to full
implementation of the Act to our services, programs, and activities. Information regarding the
provisions of the Americans with Disabilities Act is available from the Administration office at
651-714-3500. Auxiliary aids for disabled persons are available upon request at least 72 hours in
advance of an event. Please call the ADA Coordinator at 651-714-3500 (TDD 731-5796) to make
arrangements.

[PAGE 3]
MINUTES
WOODBURY HOUSING AND REDEVELOPMENT AUTHORITY
Wednesday, December 10, 2025
3A
Pursuant to the due call and notice thereof, a regular meeting of the Woodbury Housing and Redevelopment Authority was duly held at the
Woodbury City Hall, 8301 Valley Creek Road, on the 10th day of December 2025.
Call to Order
Chair Anne Burt called the meeting to order at 7:35 p.m., and she welcomed those attending the meeting both in person and virtually.
Chair Burt explained that members of the public may attend the meeting in person and may also join the meeting using a computer, tablet, or
smartphone. She stated public comments will be accepted during the meeting both in person and virtually. Virtual questions should be
submitted via the online Q&A feature within the virtual meeting link. Questions regarding the meeting will also be taken between the hours of
8:00 a.m. to 4:30 p.m. via email at council@woodburymn.gov or at 651-714-3524. Questions received after 4:30 p.m. will be responded to
in the next three to seven business days.
Roll Call
Upon roll call the following were present: Chair Anne Burt, Kim Wilson, Donna Stafford, Steve Morris, Jennifer Santini. Absent: None.
Others Present: Janelle Schmitz, HRA Clerk; Jeffrey Dahl, HRA Executive Director, Kevin Sandstrom, Woodbury City Attorney; and Jamie
Fritts, Housing and Economic Development Coordinator.
Consent Agenda
All items listed under the consent agenda are considered to be routine by the HRA Board and will be enacted by one motion and an
affirmative vote by roll call of a majority of the members present. There will be no separate discussion of these items unless a
Commissioner or citizen so requests, in which event, the items will be removed from the consent agenda and considered a separate
subject of discussion by the Board.
Item A Approval of Minutes – October 08, 2025 HRA Meeting
Item B To adopt a motion to approve the HRA Calendar for 2026, which will include the meetings listed in Council Letter 25-13.
Member Santini moved, seconded by Member Wilson, to approve the Consent Agenda items.
Voting via voice:
Kim Wilson – aye
Donna Stafford – aye
Steve Morris – aye
Jennifer Santini - aye
Anne Burt – aye
Public Hearings
No items scheduled
Discussion
A. Approval of Adopting the 2026 Housing and Redevelopment Authority Budget
Housing and Economic Development Coordinator Jamie Fritts reviewed the 2026 Housing and Redevelopment Authority budget. The
proposed 2026 Housing and Redevelopment Authority (HRA) budget includes $479,200 of appropriations focusing on the broad categories
of loan program disbursements, labor reimbursements, professional services, and operating expenditures. The primary revenue sources for
these expenditures include the HRA Levy, loan principal and interest payments, and interest earnings.
Page 1 of 2

[PAGE 4]
MINUTES
WOODBURY HOUSING AND REDEVELOPMENT AUTHORITY
Wednesday, December 10, 2025
Mr. Fritts explained that the 2026 HRA budget is based on direction provided to staff at the April 30, 2025, Council Workshop regarding
updates to the Housing Action Plan. The preliminary 2026 budget was first presented to the Council during the budget workshop on
September 10, 2025. During the HRA budget presentation, staff introduced the proposed not-to-exceed 2026 HRA levy amount of $250,000
for Council discussion. On September 24, 2025, the HRA adopted Resolution 25-08, establishing the 2026 not-to-exceed levy amount at
$250,000. As discussed at the April Council Workshop, the 2026 budget is structured to ensure the long-term sustainability of HRA
operations and support future fund balance growth. A key highlight of the 2026 budget is that it is balanced, with expenditures not exceeding
projected revenues. As a result, the historical reliance on fund balance to support HRA operations will not be necessary, and any unexpended
revenues or revenues received above projections will contribute to increasing the fund balance over time.
Mr. Fritts stated that staff recommend the HRA Board adopt HRA Resolution 25-10, a resolution adopting the 2026 Housing and
Redevelopment Authority Budget.
Member Santini asked why the LAHA funds were not reflected in the budget. Mr. Fritts replied that the LAHA funds are in a separate fund.
Member Santini moved, seconded by Member Stafford,
To adopt the following resolution HRA Resolution 25-10
HRA Resolution of the Housing and Redevelopment Authority of the City of Woodbury, Washington County, Minnesota,
adopting the 2026 Housing and Redevelopment Authority Budget.
Voting via voice:
Kim Wilson – aye
Donna Stafford – aye
Steve Morris – aye
Jennifer Santini - aye
Anne Burt – aye
Adjournment
Chair Burt moved, seconded by Member Morris, to adjourn the December 10, 2025, Housing and Redevelopment Authority meeting.
Voting in Favor: Wilson, Stafford, Morris, Santini, Burt
Absent: None
Chair Burt adjourned the meeting at 7:41 p.m.
_________________________________________
Anne W. Burt, Chair
Approved by the Woodbury Housing and Redevelopment Authority on January 28, 2026.
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[PAGE 5]
3B
City of Woodbury, Minnesota
Office of the HRA Executive Director
HRA Letter 26-01
January 28,
2026
To: The Honorable Chair and Commissioners of the HRA
From: Jeffrey J. Dahl, Executive Director
Subject: Approval of the 2026 HRA Annual Meeting
Summary
Per the by-laws of the HRA, it is necessary to hold an annual meeting of the HRA on the fourth
Wednesday of January. At this annual meeting, the HRA commissioners shall appoint the officers
for the year.
Recommendation
Staff recommends HRA adopt HRA Resolution 26-01 appointing the 2026 HRA
officers.
Fiscal Implications
None
Policy
The by-laws of the HRA as most recently amended and adopted by HRA Resolution 20-01 on
January 22, 2020 require the HRA to hold its annual meeting on the fourth Wednesday of each
January.
Public Process
This is the first public meeting for this
item.
Background
The Woodbury HRA has officer positions of Chair, Vice Chair and Secretary which are filled by
members of the Board as required by Section 2.1 of the HRA by-laws. In addition, the HRA has
staff-level officer positions of Executive Director, Deputy Executive Director, Clerk and Treasurer.
In the past, Woodbury’s Mayor has served as the Chair, the Mayor pro tem has served as the Vice
Chair and the remaining commissioner with the longest tenure on the Board has served as the
Secretary. Additionally, Woodbury’s City Administrator has served as the Executive Director, the
Deputy City Administrator has served as the Deputy Executive Director, the Community Development
Director has served as the Clerk and the CFO/Controller has served as the Treasurer.

[PAGE 6]
HRA Letter 26-01
January 28, 2026
Page 2
If the 2026 HRA Board chooses to follow these past practices and staff recommendations, the
officers of the HRA for 2026 would be:
Chair: Anne Burt
Vice Chair: Jennifer Santini
Secretary: Steve Morris
Executive Director: Jeffrey Dahl
Deputy Executive Director: Angela Gorall
Clerk: Janelle Schmitz
Treasurer: Jason
Schirmacher
The specific appointment of officers is at the discretion of the board although, as noted above,
the positions of Chair, Vice Chair and Secretary must be filled by members of the Board.
Written By: Jamie Fritts, Housing and Economic Development Manager
Approved Through: Janelle Schmitz, Community Development Director/HRA Clerk
Attachment: HRA Resolution

[PAGE 7]
HRA Resolution 26-01
Resolution of the Board of Commissioners of the
Housing and Redevelopment Authority in and for the City of Woodbury,
Washington County, Minnesota
Appointing 2026 HRA Officers
BE IT RESOLVED by the Board of Commissioners (the "Board") of the Housing and
Redevelopment Authority in and for the City of Woodbury (the "HRA"), as follows:
1. Recitals. All things required by the applicable provisions of Minnesota Statutes, Sections 469.001
to 469.047, have been duly taken in order to create, constitute, and activate the HRA.
2. Appointment of Officers. In accordance with the by-laws of the HRA hereby adopted, the Board
hereby appoints to the following offices of the HRA the following persons, respectively:
Chair: Anne Burt
Vice Chair: Jennifer Santini
Secretary: Steve Morris
Executive Director: Jeffrey Dahl
Deputy Executive Director: Angela Gorall
Clerk: Janelle Schmitz
Treasurer: Jason
Schirmacher
This Resolution was declared duly passed and adopted and was signed by the Chair and attested to
by the Executive Director this 28th day of January, 2026.
Attest:
Anne W. Burt, Chair
Jeffrey J. Dahl, Executive Director

[PAGE 8]
3C
City of Woodbury, Minnesota
Office of the HRA Executive Director
HRA Letter 26-02
January 28,
2026
To: The Honorable Chair and Commissioners of the HRA
From: Jeffrey J. Dahl, Executive Director
Subject: Approval of Designating Depository of Public Funds
Summary
Minnesota State Statutes 118A.02 requires the Woodbury HRA’s Board to designate the HRA’s
depository of public funds. Currently, the City of Woodbury has a banking service agreement
with CorTrust Bank.
Recommendation
Staff recommend that the Woodbury HRA Board adopt a motion designating CorTrust Bank as
the HRA’s depository of public funds for the year 2026.
Fiscal Implications
The interest income and fees per the agreement are accounted for in the 2026 HRA
budget.
Policy
In accordance with investment policy, this action affirms the staff’s recommendation to
designate CorTrust as the HRA’s depository of public funds.
Public Process
This is the first public meeting for this
item.
Background
Not applicable
Written By: Jamie Fritts, Housing and Economic Development Manager
Approved Through: Janelle Schmitz, Community Development Director/HRA Clerk
Attachment: None

[PAGE 9]
3D
City of Woodbury, Minnesota
Office of the HRA Executive Director
HRA Letter 26-03
January 28,
2026
To: The Honorable Chair and Commissioners of the HRA
From: Jeffrey J. Dahl, Executive Director
Subject: Consider Adoption of HRAD-1.6: Housing and Redevelopment Authority (HRA) Land
Banking Policy
Summary
At the April 30, 2025, Council Workshop, the Council discussed the Housing Action Plan and
directed staff to develop a policy establishing an HRA land banking program to advance City
housing goals by facilitating the development of new affordable rental housing. The land banking
program would be funded primarily through the City’s annual disbursements of Local Affordable
Housing Aid (LAHA). Adoption of the proposed land banking policy by the HRA would formally
establish the program and define the parameters for the acquisition, holding and conveyance of
land for housing development.
Recommendation
Staff recommends HRA adopt HRA Resolution 26-02 adopting HRAD-1.6: Housing and
Redevelopment Authority (HRA) Land Banking Policy.
Fiscal Implications
None
Policy
2021 Housing Action Plan
2040 Comprehensive Plan
Public Process
March 13, 2024 –Council Workshop
August 28, 2024 –Council Workshop
April 30, 2025 –Council Workshop
January 28, 2026 – HRA
Meeting
Background

[PAGE 10]
HRA Letter 26-03
January 28, 2026
Page 2
Since the creation of the Local Affordable Housing Aid (LAHA) metro area sales tax by the Minnesota
Legislature in 2023, a series of Council workshops have been held to determine the most effective
and impactful use of these new funds. Staff recommended several program concepts aimed at
expanding opportunities for both affordable homeownership and rental housing within the City.
These recommendations were based on strategies to address market barriers to the development of
new affordable rental housing and attainable homeownership opportunities for first-time buyers.
Following consideration of these recommendations, Council directed staff to develop the land
banking policy described in this letter.
Land Banking
Acquiring real estate for land banking is a strategic tool for expanding housing opportunities for low-
and moderate-income households. Land banking allows governmental or nonprofit entities to acquire
and hold land in advance of development until market conditions are favorable for development of
the parcel and/or the surrounding area. The land is then conveyed to an affordable housing
developer proposing a project that meets an identified local housing need, typically at a price below
market value. This approach reduces overall development costs and effectively injects equity into the
project, as the market value of the land exceeds the developer’s acquisition cost. Land banking also
helps address challenges associated with purchasing land from private owners by providing greater
certainty in transactions. Given the uncertainty of affordable housing financing resources, land
acquisitions can be delayed, leading to complications between developers and landowners that
increase costs or jeopardize transactions altogether.
In addition, four recent developments in Woodbury totaling nearly 1,000 affordable rental units were
primarily facilitated by the 55129 ZIP code’s designation as a Difficult Development Area (DDA) by
the U.S. Department of Housing and Urban Development (HUD). Affordable housing projects located
within a DDA are eligible for increased Low-Income Housing Tax Credit (LIHTC) subsidies, which
enhanced financing for Woodbury’s two most recent projects by nearly $10 million each. DDA
designations are reviewed and updated annually by HUD; however, as of 2026, the 55129 ZIP code
is no longer designated as a DDA. It is unknown if or when Woodbury will receive this designation
again, and the loss of the DDA incentive may result in increased funding gaps for future affordable
housing developments and a greater need for local financial assistance. As a result, strategies such
as the attached land banking policy will become increasingly important to attract and facilitate
affordable housing development.
The purpose of the proposed HRA land banking policy is to establish clear guidelines for the
acquisition, holding, management, and disposition of land to support the development of affordable
housing. The policy prioritizes the acquisition of land for new rental housing serving households
earning no more than 50 percent of the area median income (AMI). It establishes program
objectives, outlines procedures for the acquisition and conveyance of land, and includes controls to
ensure properties are properly managed, development is consistent with the City’s Comprehensive
Plan, and long-term affordability is maintained for projects developed on banked parcels.
Written By: Jamie Fritts, Housing and Economic Development Manager
Approved Through: Janelle Schmitz, Community Development Director/HRA Clerk

[PAGE 11]
HRA Letter 26-03
January 28, 2026
Page 3
Attachment: 1. HRA Resolution
2. Housing and Redevelopment Authority (HRA) Land Banking
Policy

[PAGE 12]
HRA Resolution 26-02
Resolution of the Housing and Redevelopment Authority in and
for the City of Woodbury, Washington County, Minnesota
Adopting HRAD-1.6: Housing and Redevelopment Authority (HRA) Land Banking Policy
WHEREAS, the Housing and Redevelopment Authority in and for the City of Woodbury (the “HRA”) is a
municipal housing and redevelopment authority governed by Minnesota Statutes, Sections 469.001
through 469.047; and
WHEREAS, the powers granted to the HRA by Minnesota Statutes include the authority to acquire real
property for purposes including redevelopment, removal of blight, and the production of affordable
housing; and
WHEREAS, the City of Woodbury’s 2021 Housing Action Plan identified land banking as a strategy to
facilitate the production of new affordable housing when adequate financial resources become
available; and
WHEREAS, in 2023, the Minnesota State Legislature established a Local Affordable Housing Aid
(LAHA) metro area sales tax to be distributed annually to metropolitan counties and
municipalities, including the City of Woodbury; and
WHEREAS, at its April 30, 2025 Council Workshop, the City Council directed staff to develop
affordable housing production strategies to be funded in part with LAHA funds, including said HRA
Land Banking Policy.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Housing and
Redevelopment Authority in and for the City of Woodbury, Washington County, Minnesota, that
HRAD-1.6: Housing and Redevelopment Authority (HRA) Land Banking Policy is hereby approved.
This Resolution was declared duly passed and adopted and was signed by the Chair and attested to
by the Executive Director this 28th day of January, 2026.
Attest:
_____________________________
_Je ffrey J. Dahl, Executive Director Anne W. Burt, Chair
(SEAL)

[PAGE 13]
Adopted: Number: HRAD-1.6
Revised:
Chair: Executive Director:
Anne Burt Jeffrey Dahl
For: Housing and Redevelopment Authority Board
Housing and Redevelopment
Authority Directive Subject: Housing and Redevelopment Authority (HRA)
Land Banking Policy
Purpose
The City of Woodbury Housing and Redevelopment Authority (HRA) is authorized under Minn. Stat. §
469.012 to acquire real estate in accordance with a redevelopment plan for residential or commercial
purposes, or without a redevelopment plan for the purpose of removing blight or facilitating low- and
moderate-income housing.
Policy
Acquiring real estate for land banking is a strategic tool to expand housing opportunities for low- and
moderate-income households. The purpose of this policy is to establish clear guidelines for the acquisition,
holding, management, and disposition of land by the HRA to facilitate the development of affordable
housing.
Objectives
• Acquire and hold land in strategic locations for future affordable housing development.
• Ensure a consistent and transparent process by which the HRA conveys its real estate for development.
• Facilitate the development of affordable housing that meets the needs of households earning up to 60
percent of the Area Median Income (AMI), with a priority for developments serving households at or
below 50 percent AMI.
• Align future development and redevelopment efforts with the City’s Comprehensive Plan and Housing
Action Plan.
Eligible Land Banking Activities
• Acquire vacant, underutilized, or strategically located parcels for future affordable housing
development.
• Accept land donations or negotiate purchases at or below fair market value.
• Assemble land for future affordable housing development.
• Prepare land for future development, including demolition, environmental remediation, or
infrastructure improvements, as funding allows.
• Convey land to public or private entities for the development of affordable housing.

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HRA Directive HRAD 1.6
HRA Land Banking Policy
Page 2 of 4
Anticipated Funding Sources
• Metropolitan Local Affordable Housing Aid (LAHA) Minn. Stat. § 477A.35.
• Leveraging additional federal, state, local funding, and grants with authorization from the HRA Board
of Commissioners.
Procedures
Property Acquisition
The HRA will consult with relevant City departments, particularly Community Development, to ensure that
parcels identified for acquisition are consistent with the City’s Comprehensive Plan, area master plans,
and current zoning or are eligible for rezoning or re-guidance for future housing use.
In evaluating parcels for land banking, the HRA will consider:
• Availability of sufficient funds to hold and maintain the property over an extended period;
• Feasibility of future development based on environmental, legal, or title constraints;
• Ability to secure clear, insurable, and marketable title;
• Suitability for multifamily or mixed-use development;
• The existing supply of affordable housing in the vicinity and the scattered site approach as identified in
the Comprehensive Plan;
• Housing production need; and
• Proximity to needed amenities such as transit, commercial areas, employment centers, schools, parks,
and other amenities.
The HRA will not take title to, or perform work on, parcels with known or suspected environmental
contamination without:
• Completion of a Phase I environmental site assessment;
• Prior approval from the HRA Board of Commissioners; and
• Completion of, or secured funding for, environmental remediation to ensure the site is clean and free of
contaminants.
All land acquisitions must receive final approval from the HRA Board of Commissioners.
Property Holding and Management
The HRA will hold properties in its inventory until market conditions are favorable for affordable housing
development that aligns with Housing Action Plan goals. Prior to acquisition, the HRA will attempt to estimate
holding timelines and associated maintenance and holding costs.
The level of maintenance may vary from property to property. Maintenance activities will be coordinated to
ensure properties remain well-kept. Maintenance activities may include lawn mowing, snow removal, trash
removal, signage installation, and hazard abatement as needed to protect public safety and maintain
compliance with City Code.
HRAD-1.6 HRA Land Banking Policy

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HRA Directive HRAD 1.6
HRA Land Banking Policy
Page 3 of 4
Insurance
The HRA shall maintain appropriate insurance coverage on all land banked properties to manage risk and
limit liability exposure. All land banked parcels, regardless of whether structures are present, shall be
covered under a general liability insurance policy. This coverage protects the HRA from claims of bodily
injury or property damage occurring on HRA-owned land.
Disposition of Land and Project Selection
The HRA will conduct regular reviews of its land inventory to evaluate market conditions and site
readiness for disposition.
Land title may be transferred to private developers, public entities, or nonprofit housing organizations
under the following conditions:
• The property’s end use is for housing affordable to households earning at or below 60 percent AMI,
with priority for deeper affordability at or below 50 percent AMI;
• The development proposal receives the necessary approvals from the City Council;
• The developer has secured all construction financing; and
• Development is scheduled to begin immediately or shortly after transfer of title.
The HRA will not transfer title to any developer that has not met these requirements and reserves the right
to rescind pending offers or purchase agreements.
In most cases the HRA will utilize a competitive Request for Proposals (RFP) or Request for Qualifications
(RFQ) process to identify qualified end users and priority projects. The RFP or RFQ will include clear
expectations for development, which will be used to evaluate proposals for selection. Development
expectations and priorities stated in the request will be based on factors such as zoning and density,
property location, master plans, current housing needs in the community and other goals identified by the
HRA.
If an RFP process is not utilized, the HRA shall identify that the goals of this policy are met or exceeded via a
direct sale.
Compensation
The agreed-upon compensation may include cash, deferred payments, contractual obligations, restrictive
covenants, or other responsibilities assumed by the transferee. The HRA may also sell land at below-market
value to support project feasibility, provided it aligns with Housing Action Plan goals and applicable laws.
Purchase Agreements
Each purchase agreement will be negotiated on a case-by-case basis. Term considerations may
include, but are not limited to:
• Development agreements made with the City;
• Project timelines;
• Project outcomes; HRAD-1.6 HRA Land Banking Policy

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HRA Directive HRAD 1.6
HRA Land Banking Policy
Page 4 of 4
• Secured project financing; and
• Compensation terms.
An appraisal shall be conducted prior to the acquisition or sale of property. All land conveyed by the HRA for
affordable housing purposes will require a long-term Land Use Restriction Agreement (LURA) to ensure the
property remains affordable for a permanent or nearly permanent duration. Additional covenants,
conditions, and restrictions may also be applied at the HRA’s discretion to align with public purposes and
ensure development occurs with the intended end use.
Final purchase agreements must be authorized by the HRA Board of Commissioners prior to execution.
Interagency Partnerships
The HRA recognizes the value of collaborating with other public agencies to enhance its land banking
efforts. Partnerships with other regional public entities may improve the effectiveness and efficiency of
acquiring, holding, and developing land for affordable housing.
To that end, the HRA may enter into cooperative agreements, memoranda of understanding (MOUs), or
joint ventures with public sector partners to:
• Co-acquire or jointly hold properties to achieve shared housing and community development goals;
• Pool resources to reduce acquisition, holding, or remediation costs;
• Align land banking efforts with broader regional initiatives in housing, transit, sustainability, or
economic development; and/or
• Share data, expertise, and due diligence efforts to support informed decision-making.
The HRA shall ensure that any joint activities maintain alignment with the goals and objectives of this policy
and are subject to approval by the HRA Board of Commissioners. Interagency partnerships shall also comply
with City policies, Minnesota state law and public finance rules as applicable.
HRAD-1.6 HRA Land Banking Policy