3255 Northwood Cir - Ltr. From CDA re: Application for 47-Unit Townhome DevelopmentCDA
June 17, 2011
Dakota County
Community Development Agency
Mayor Mike Maguire
City of Eagan
3830 Pilot Knob Road
Eagan, MN 55122
Dear Mayor Maguire:
The Dakota County Community Development Agency (CDA) is responsible for
administering the Housing Tax Credit Program in Dakota County. Applications for
2012 tax credits were due to the CDA on June 14, 2011.
The CDA received one application for an allocation of tax credits for a proposed
development in Eagan.
Eagan Northwood Family Housing Limited Partnership submitted an application for
a 47 -unit new construction family townhome development located near the
intersection of Lexington Avenue and Northwood Parkway. The proposal includes
29 two - bedroom units, and 18 three - bedroom units. Assuming all necessary
financing is secured, construction is scheduled to begin in the summer of 2012. The
Dakota County CDA is the general partner and developer.
Upon receipt of a tax credit application, the CDA is required to notify the Mayor and
staff of the city in which the project is located for review and comment prior to
forming a staff recommendation. If you have comments, please forward them to me
by July 31, 2011.
Once applications have been reviewed, they will be scored based on the Dakota
County CDA's Qualified Allocation Plan. Awards are expected to be approved at the
September 20, 2011 CDA Board meeting. If you have any questions, please contact
me at (651) 675 -4478. Thank you.
Sincerely,
rZnik i. (IOM .
Deborah Haugh
Assistant Director of Housing Finance & Development
c: Tom Hedges, City Administrator
Mark Ulfers, CDA Executive Director
1228 Town Centre Drive • Eagan, MN 55123 -1066
tel 651-675-4400 • fax 651- 675 -4444