Woodbury HRA/City Council Meeting 6-24-26

The City of Woodbury MN held a joint Housing and Redevelopment Authority (HRA) and City Council meeting on June 24, 2026. The HRA adopted a new Affordable Housing Development Assistance Policy to provide formalized financial assistance, primarily funded through the city's Local Affordable Housing Aid (LAHA) sales tax revenue. This policy establishes application procedures, loan terms, and compliance monitoring for affordable housing projects, prioritizing units serving households at or below 50% of area median income. The policy aims to create a revolving loan fund to support future affordable housing developments. The City Council also reviewed and approved the results of a general obligation sales tax revenue bond sale to finance the remodeling and expansion of the public safety campus, with a principal amount aligned with projections and a triple-A credit rating affirmed by Standard & Poor's. Additionally, the Council adopted the Bailey West Master Plan with an amendment to further review the Century Avenue connection in future planning efforts. Other discussions included updates on multiple transportation infrastructure projects and public comments on local development and safety concerns. No direct contract awards or vendor selections were reported, but significant budget and capital improvement planning actions were taken.