September 29, 2026 Budget Committee

At its September 29, 2026 Budget Committee meeting, the Minneapolis Public Housing Authority (MPHA) presented its finances, capital needs, and housing programs. MPHA reported a $320 million capital backlog, a roughly $210 million total budget, and projected $2.9 million in federal operating cuts for 2026. Major proposed investments include a $6 million commitment to stabilize Heritage Park, with approximately $3 million in 2026 levy and MPHA capital funds being redirected from other projects to near-term operating, relocation, and repair needs. The agency cited at least $55–65 million in longer-term Heritage Park capital needs and discussed combining public and private financing. The city has committed $2.5 million and the state more than $5 million toward the site. No award or spending approval was voted on at this meeting.

MPHA also described the proposed Glendale redevelopment: replacing 184 homes and adding 100 units, with city bond support estimated to generate $38–42 million per phase and MPHA contributing $40–50 million in capital. The proposed bond financing would require city approval and an increase in MPHA’s annual levy to $8 million over three years; the project could be delayed as resources are redirected to Heritage Park. The presentation also referenced a prior $2.8 million agreement with McCormack Baron Salazar for Heritage Park work and current coordination with Certis Financial and Property Solutions and Services. Council members raised concerns about property conditions, inspections, rental licensing, and oversight, and requested follow-up information; the presentation was filed, with no procurement award or formal motion reported.