Richfield Housing Authority Eases Loan Forgiveness Process to Protect Borrower Privacy

Overview: In a recent meeting, the Richfield Housing & Redevelopment Authority approved a new loan forgiveness policy aimed at simplifying the process for borrowers facing financial hardships. The policy grants the Executive Director the authority to approve loan forgiveness without requiring borrowers to present their cases in public meetings, thereby preserving their privacy.

Richfield HRA Discusses Local Option Sales Tax for Infrastructure Projects

Overview: The Richfield Housing and Redevelopment Authority (HRA) convened on September 16, 2024, to discuss several issues, including the introduction of a local option sales tax to fund infrastructure projects, the approval of a five-year public housing plan, and initiatives to enhance downtown Richfield’s economic vitality.

Richfield Housing Authority Proposes 3% Levy Increase Amid Budget Challenges

Overview: The Richfield Housing and Redevelopment Authority (HRA) meeting addressed budgetary changes, the financial viability of housing programs, and ongoing projects, culminating in the approval of a proposed 3% levy increase for 2025.