[0:00] I'm thrilled to be here to support this

[0:03] project. It goes handinhand with the HA

[0:06] mission of creating stable and inclusive

[0:10] communities through safe and dignified

[0:12] housing choices.

[0:14] This is the start of a much larger

[0:16] project by the H to bring some more

[0:18] single family development.

[0:19] We are on Park Avenue here in

[0:21] Bloomington, 9030 and 9036. We're here

[0:24] for a wall raising.

[0:26] One, two, three, lift.

[0:29] We're excited to celebrate the wall

[0:31] raising and the opening of what will be

[0:33] two single family homes each with an

[0:34] attached accessory dwelling unit

[0:36] provided at an affordable rate for

[0:38] families in the area. Because of the

[0:40] current climate and some of the

[0:41] challenges with developing housing, it

[0:43] requires a lot of different partnerships

[0:44] to make projects like this work. This

[0:46] project, for example, is a partnership

[0:48] through the HR, the housing and

[0:49] redevelopment authority, support from

[0:51] the city council. It includes Twin

[0:53] Cities Habitat for Humanity acting as

[0:54] the general contractor, the construction

[0:56] partner for this project. Also, Homes

[0:58] Within Reach, who is providing this land

[1:00] as a land trust to keep it affordable

[1:01] long term. There's funding provided by

[1:03] multiple different partners as well.

[1:05] Metropolitan Council provided a grant

[1:07] for this project. So, did Minnesota

[1:08] housing through their impact fund. The

[1:10] HA also provided support.

[1:12] Each house is four bedroomedroom, two

[1:14] bath, and each ADU is onebedroom, one

[1:17] bath. We're excited to continue our

[1:19] tradition of uh building really high

[1:21] quality affordable housing. The houses

[1:22] are going to meet or exceed all the

[1:24] Energy Star standards. We use quality

[1:26] building materials. Uh volunteers are

[1:28] led by an amazing team of uh site

[1:31] supervisors and Americanore members to

[1:33] show them how to do everything on site.

[1:34] The concept and the idea and our hope is

[1:37] that we can help generational families

[1:41] move into these properties where maybe

[1:43] mom, dad, and the young kids can be in

[1:46] the single family home and the

[1:48] grandparents can be in the detached

[1:50] unit. We are utilizing tools within our

[1:52] ground lease to ensure that if they do

[1:55] become a rental unit that they will also

[1:57] benefit workforce folks. The homeowner

[2:00] will be required to price the rents at

[2:01] an affordable rent established by HUD

[2:04] and also income qualified tenant that

[2:06] would be in that property. I'm really

[2:08] excited to see a project in my

[2:09] neighborhood. It's great to see the city

[2:11] collaborating with other organizations

[2:13] to bring affordable housing into my

[2:14] area. I'm going to gain two new

[2:16] neighbors. like not just one, there's

[2:18] going to be two families that are going

[2:20] to be able to move into this these

[2:22] properties. And I just think it just

[2:24] brings our community more together when

[2:26] you're seeing this project, when you're

[2:27] seeing the city involved in a project in

[2:29] your neighborhood. To me, it shows

[2:30] value. It shows that they really care

[2:32] and they're paying attention to all

[2:33] parts of Bloomington and not just one.

[2:35] If anyone has questions about the

[2:37] project or has interest in purchasing

[2:39] one of the homes, feel free to reach out

[2:41] to Homes Within Reach. Home ownership is

[2:43] a dream of so many families both in

[2:45] Bloomington, outside of Bloomington, and

[2:47] across the nation. And so part of the

[2:48] goal of this project is to provide an

[2:50] option for housing that people are able

[2:52] to afford and pay for and live within

[2:54] their means to attain that dream of

[2:55] affordable home ownership.