Brooklyn Park EDA 3/24/2025
Sunday, March 23, 2025
Huntington Place foreclosure and EDA loan forgiveness
Potential sale of Huntington Place to Mass Capital Group
Tenant displacement risks and housing assistance
Use of settlement funds and federal grants for Zane Wood Teen Center
Transparency regarding past rent payments and mortgage defaults
Accessibility improvements for disabled residents
Votes (1)
Approval of the agenda
Passes6-0
Moved by Commissioner McGarvey · Seconded by Commissioner Erickson
Notable Quotes (2)
If we don’t forgive the loan... we would get 0, so we would no longer likely have access to that 4.45 million.
Loan forgivenessDiscussing the risks of not accepting the settlement offer.
This is a discussion about whether we’re going to forgive the loan. If we don’t forgive the loan, what direction do we go in?
Meeting scopeClarifying the scope of the meeting for the audience.
People (5)
Laha Perkins HanktonResident
Speaks for tenants regarding foreclosure options and rent assistance.
Denise ButlerResident
Associate Director at Acer, advocate for Huntington Place residents.
Tamita GainesResident
Demanding seat at the table for decision-making.
Elizabeth SmithResident
Resident since May 31st, concerned about displacement.
Director GladhillDirector
Explaining the financial mechanics of loan forgiveness and foreclosure.
Places Mentioned
City Hall, room 8203, 5208 5th Avenue North, Brooklyn Park, MinnesotaHuntington Place apartmentsZane Wood Teen Center
Events & Meetings (1)
- Special EDA Meeting