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INFORMATION #2 02-23-2004400 Sibley Street · Suite 300 · Saint Paul, MN 55101-1998 651.296.7608 tdd 651.297.2361 February 12, 2004 800.657.3769 The Honorable Stephanie Klinzing City of Elk River 13065 Orono Road Elk River, MN 55330 Re: Application for Funding Dear Mayor Klinzing: The Minnesota Housing Finance Agency (MHFA) has received a request for funding for the attached referenced development(s) located in your community. Attached is an outline of the proposal as submitted. The MHFA assists eligible sponsors by providing financing for the development, construction, acquisition and rehabilitation of decent, safe and affordable rental housing. As part of the review process, the MHFA is interested in receiving your community's comments regarding the development(s). Please provide any comments you may have on this proposal to the MHFA by March 5, 2004. If you have previously commented on this proposal, it is not necessary to do so again, unless you wish to add new or additional information. Please address your comments to: Minnesota Housing Finance Agency Multifamily Development 400 Sib!ey Street, Suite 300 St. Paul, MN 55101-1998 If you have any questions, please call the MHFA a.t (651) 296-9821 or toll free at 1-800-657-3701 Thank you in advance for your time and consideration.. S ince~el'~, ¥o1~ rs, ~ Asslstant C~missioner Multifamily 300 Jackson Place Apartments t Hous Finance CMIF Name of Political Jurisdiction: Name of Chief Executive Officer: Title: Mayor Address: 13065 Orono Road City: Elk River State / Zip Code: MN 55330 Telephone: (763)441 - 1743 Notification of Local Official Please type this exhibit Provide the name of the local official jurisdiction in which the project shall be located, and include the name and address of the chief executive officer (in most cases Mayor) of the political jurisdiction. City of Elk River Stephanie Klinzing Notification of Housing Proposal City: Elk River Development Name: Elk River Apartments Street Address: Developer: MetroPlains Development, LLC Number of Buildings: 1 New Construction X Substantial Rehabilitation Unit Sizes Proposed Proposed Unit Mix Rents Efficiency / SRO: 1 Bedroom: 16 600 1 Bedroom 2 Bedroom: 16 700 3 Bedroom: 4 Bedroom: Total: 32 Brief description of proposal: New Construction of 50 units oftownhomes ~fumesota Ho~ing Finance Agency Multifamily Housing Resource Housing Tax Credit Program 1 ofl HTC Form #18 MHR Form 103 5/2003