Meeting
City Council Meeting
Body
City of Eden Prairie
Date
November 10, 2026
Jurisdiction
State & Local
The City of Eden Prairie City Council meeting was held November 10, 2026. The council approved a spending plan for approximately $769,000 in 2026 Local Affordable Housing Aid: $175,000 for first-time homebuyers, $275,000 for housing rehabilitation, $80,000 for first-generation homebuyers, and $125,000 for rental assistance, with remaining funds reserved for larger rehabilitation and future development projects. Staff reported that nearly $1.4 million from multiple sources is expected to support affordable-housing programs over the next year to year and a half. The motion to authorize the plan and staff administration of the funds passed. The council also approved the first reading of an ordinance allowing certain residential rental developments to make payments in lieu of meeting inclusionary-housing requirements, adding a potential source of revenue for the Affordable Housing Trust Fund.
The consent agenda included preliminary support for conduit financing that would allow Briar Hill to use the city’s AAA bond rating for nearly $20 million in property improvements; staff said the city would have no liability, and a public hearing is expected. No contract awards, competitive bids, or vendor selections were identified. Other actions included approval of claims, three drainage and utility easement vacations, and election canvassing; the meeting also featured community awards and proclamations.
Source
City of Eden Prairie