The Edina City Council has set a fee of $100,000 per unit for housing developers who decide to bypass affordability requirements set down in the city's housing policy, with plans to use fee revenue for future affordable-housing projects.
Council members unanimously approved the fee at their meeting Tuesday. The fee, which would be paid to the city, was recommended last month by city staffers.
For any large-scale development that requires rezoning, Edina requires that either at least 10 percent of the units be affordable to families making 50 percent of the area median income, or that 20 percent of the units be affordable to those making 60 percent of the area median income.
The so-called "buy in" fee would allow developers to skip the affordability requirements, according to city documents. The city would issue a building permit once the entire fee has been paid, according to city documents.
Edina has required a buy-in fee only once before, for construction of The Loden apartments on the city's west side. That fee was about $81,000 per unit.
Miguel Otárola
Minnehaha Creek Watershed
White, Rogness reappointed to board
The Hennepin County Board has reappointed two managers to another term on the Minnehaha Creek Watershed District board.
They are Sherry White of Orono, president of the board, and Kurt Rogness of Minneapolis, the board's secretary. The board has seven members, each of whom serve three-year terms.