Brooklyn Park EDA Meeting 3/17/2025
Sunday, March 16, 2025
Huntington Place Apartments loan forgiveness
Consent agenda approval
Public comment and resident feedback
Zanewood Teen Center funding strategies
EDA fiduciary responsibility and risk management
Areas of Interest (5)
- Loan forgiveness vs. foreclosure: EDA faces a $3.5M risk management decision for Huntington Place.
- Proposed redirecting $4M in federal 'earmark' funds from housing to the Zanewood Teen Center project.
- Proposed sale to Mass Capital Group involves a re-screening process for all current apartment tenants.
- City officials navigating potential impact of Huntington Place's housing stability on regional affordable housing stock.
- Audit of historic public investment in Huntington Place following the 2020 pandemic and civil unrest.
Votes (2)
Approval of the agenda
PassedVoice vote
Moved by Kloofsky · Seconded by Tran
Approval of consent agenda
PassedVoice vote
Moved by Kloofsky · Seconded by McGarvey
Notable Quotes (2)
The primary lens of all of our review has been to limit the displacement of existing tenants at Huntington.
Tenant displacementDiscussing the priorities for the potential loan forgiveness.
It is hard for Brooklyn Park to shoulder this one on our own, if it’s gonna have a statewide impact.
Regional impactExplaining the significance of the Huntington Place investment.
People (8)
WinstonPresidentPresiding over the EDA meeting and maintaining order.
Presiding over the EDA meeting and maintaining order.
KloofskyCommissionerParticipating in roll call and motions.
Participating in roll call and motions.
McGarveyCommissionerParticipating in roll call and motions.
Participating in roll call and motions.
TranCommissionerParticipating in roll call and motions.
Participating in roll call and motions.
JongCommissionerPresent for the meeting.
Present for the meeting.
GladhillDirectorLead staff presenting loan forgiveness and project history.
Lead staff presenting loan forgiveness and project history.
Colette Guyet HempelResidentOpposed to loan forgiveness at the previous meeting.
Opposed to loan forgiveness at the previous meeting.
William Fin CannonResidentSigned up for public comment.
Signed up for public comment.
Places Mentioned
Huntington PlaceBrooklyn ParkZanewood Teen Center
Events & Meetings (4)
- December 2019: Initial deal approval
- January 2020: Huntington Place sale
- October 2023: Property data snapshot
- February 2024: Previous EDA meeting