091525 Resolution No. 1516 Bring it Home MNRESOLUTION NO. 1516
RESOLUTION AUTHORIZING ACCEPTANCE OF BRING IT HOME MINNESOTA
FUNDING AWARD AND AUTHORIZING EXECUTION OF THE GRANT CONTRACT
AGREEMENT
WHEREAS, the Bring It Home Rental Assistance Program, also referred to as
"Bring It Home", is a new program to create rental assistance for low-income families
across Minnesota; and
WHEREAS, Bring It Home is funded by state appropriations and a new metro
sales tax for housing, the program will provide grants to eligible Program Administrators
who will administer the program as direct tenant and/or project based rental assistance
for cost burdened households at 50% area median income (AMI) or less; and
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield (the "Authority") is an eligible Program Administrator and applied for a Bring It
Home grant to administer the program and provide rental assistance to eligible Richfield
residents; and
WHEREAS, the Authority was awarded $1,004,264 in Bring It Home funds,
including up to $55,104 in start-up costs to be used in the first twelve months of
contracting and $949,160 in Housing Assistance Payments (HAP) and Administrative
Fees intended to be used during the full two-year contract term; and
WHEREAS, the Authority has the staff capacity and capability to administer the
awarded funds, and
WHEREAS, the Authority Chair and Executive Director have the authority to sign
all contracts on behalf of the Authority.
NOW, THEREFORE, BE IT RESOLVED
1. The Authority accepts the Bring It Home award in the amount of $1,004,264 over
a two-year period, and
2. The Authority authorizes the Chair and Executive Director to execute the Grant
Contract Agreement on behalf of the Authority.
Adopted by the Housing and Redevelopment Authority of the. City of Richfield,
Minnesota this 15th day of September, 2025.
Erin Vrieze Darirels, Chair
ATTEST:
Sean Hayford Oleary, Secretary