Red Wing Council Three Rivers Housing Project
Three Rivers Community Action's plans for a 48-unit modest-income housing project, including 12 supportive units, came before City Council again on Monday night.
Plans for the project near Walmart on Technology Drive were developed with input from community organizations and residents, and many community members turned out to add their feedback at Monday's meeting.
After listening to comments and having their own discussion, City Council ultimately pledged support in a 4-3 vote toward donating land and creating a Tax Increment Financing (TIF) district for the project.
Council members Beise, Brown, Lambert, and Norton approved, with Goggin, Farrar, and Kliewer voting no.
There are still several steps before the land donation or TIF district would be finalized, and other work needs to be done before the project can become a reality.
The vote allows Three Rivers incur costs, knowing that an application can go into Minnesota Housing in July.
In May/June TIF Calculation with a more formal TIF Commitment Request will be presented to City Council for approval.