HomeMy WebLinkAbout05-19-2026 HRAA111 Hassan Street SE
Hut IIi 55350
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Hutchinson HRA Regular Board Meeting
May 19, 2026
Agenda
1. CALL TO ORDER - 7:00 a.m. - CITY CENTER MAIN CONFERENCE ROOM
a. Approve the Hutchinson HRA Regular Board Meeting agenda and any agenda additions and/or corrections.
b. Declarations of conflict of interest.
2. PUBLIC COMMENTS — Citizens Addressing the HHRA Board of Commissioners
(This is an opportunity or members of the public to address the HHRA Board. If you have a question, concern or comment, please ask to be recognized by the chair — state your name and address for the record. Please
keep comments under 5 minutes. Individuals wishing to speak for more than five minutes should ask to be included on the agenda in advance of the meeting. All comments are appreciated, but please refrain from personal
or derogatory attacks on individuals)
3. CONSIDERATION OF MINUTES OF THE REGULAR BOARD MEETING ON APRIL 21, 2026
4. FINANCIAL REPORTS
a. City Center:
1) Consideration of City Center General Fund payments of $10,409.28 for checks 9589 to 9595
2) Consideration of City Center April 2026 Financial Statements
b. Park Towers:
1) Consideration of Park Towers Operating Account payments of $37,837.27 for checks 17049
to 17082, and the 5/13/2026 Visa Bill payment
2) Consideration of Park Towers Security Deposit Account payments of $940.61 for checks
1645 & 1646
3) Consideration of Park Towers April 2026 Financial Statements
5. PARK TOWERS
a. Park Towers May Newsletter
b. Park Towers Vacancy Report
c. Operation Updates
1) Consideration of Grounds Keeping Contract
2) Consideration of Office Security Camera Updates
3) Consideration of Revised VAWA Staff Policy
6. PROGRAM UPDATES
a. Owner Occupied Rehab Programs Update
1) Consideration of approval of City Home Repairs Program grant: City Home Repair Grant for
840 Dale Street SW
b. Island View Heights Lots Discussion
7. COMMUNICATIONS
a. FYI: 2025 HRA Year End Report Presentation to City Council 5/12/2026
b. FYI: City Amending Ordinance to eliminate the 2 -term limit for commissioner being on a Board
c. Executive Director's Email Response to Station's "County housing program showcases needs,
opportunities" news article.
d. FYI: Planning/Building/Zoning Department Year End Report
e. FYI: March 2026 Hutchinson Housing Market Update
f. FYI: Freddie Mac: The 30 year fixed rate mortgage averaged 6.37% this week. Recent data points to slightly better
conditions for buyers with a boost in new -home sales, median new -home prices being down to their lowest level since July
2021, and higher inventory than in recent years. Together, these trends could modestly ease affordability pressures through
the spring homebuying season.
• The 30 -year fixed-rate mortgage averaged 6.37% as of May 7, 2026, up from last week when it averaged 6.30%. A
year ago at this time, the 30 -year FRM averaged 6.76%.
• The 15 -year fixed-rate mortgage averaged 5.72%, up from last week when it averaged 5.64%. A year ago at this time,
the 15 -year FRM averaged 5.89%.
I1RA
NI lEVI PMINT UTI-I Pr I
ADJOURNMENT
111 Hassan Street SE
Hutchinson, MN 55350
Website:: wwwhutchinsonhracom
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