0:05The HRA meeting placed a strong emphasis on development projects intended to invigorate the city’s downtown area. A notable initiative was the SAC assistance program, which was introduced in late 2023 and awarded its first grant to a new small business in downtown Richfield. This program is part of a broader strategy to support local businesses and stimulate economic growth. Additionally, the EDA allocated $750,000 to assist with the construction of a new food hall at the former Lindell Garden site. This development is expected to diversify the tax base and enhance the vibrancy of downtown Richfield.

Furthermore, the EDA successfully secured a $45,000 grant to develop a branding and placemaking strategy for the downtown area. This initiative underscores ongoing efforts to improve the city’s image and attract both residents and visitors. Community feedback has been sought, with innovative approaches such as a poll at PennFest influencing adjustments to the transformation loan program’s application process.

13:57In a demonstration of stewardship, the HRA and EDA have been managing resources to maintain and improve Richfield’s housing stock. Over the past year, six remodeling or home maintenance loans were issued through the Fix Up Fund and deferred loan programs, in addition to 54 architectural and remodeling consultations.

The meeting also highlighted the HRA’s efforts to ensure equitable access to housing and support for local businesses. The first-time homebuyer program was lauded for its success, having closed 16 loans in 2024, with nearly 85% of households served since 2019 being households of color. This includes the first Native American household.

A presentation of data illustrated the extensive impact of the HRA and EDA’s programs, with over 600 households and businesses supported in 2024.

0:05In other business, the meeting addressed administrative matters, including the election of officers for 2025. Aaron Re Daniels was re-elected as chair, Gordon Hansen as vice chair, and Sean Hayford Oi as secretary, each receiving unanimous approval. The meeting also featured a bylaw amendment to improve the structure and timing of agenda discussions.

26:29The Executive Director provided updates on several initiatives, including the application process for a state trust fund match, which could secure up to $225,000, and efforts to partner with Hennepin County and the local school district for a rent assistance program. An open house for the Loos Line Food Hall proposal was well-attended, with feedback generally positive despite some concerns about performance frequency, landscaping, and parking.

Although Richfield did not advance in the Strong Towns competition, the city will be featured in a podcast segment highlighting its strengths. The meeting concluded with the approval of claims and the adjournment of the session.