NB multi-unit housing project nixed
A 40-unit housing project, discussed at length by the North Branch City Council over a period of months, will not be built in the city — at least not next year.
The developer, MWF properties, was seeking to construct the affordable housing south of 400th Street and west of Cherokee Pass, but the project was contingent upon MWF receiving affordable housing tax credits from the Minnesota Housing and Finance Agency.
The city council approved the project by a contentious 3-2 vote at its April 23 meeting with Mayor Amy Oehlers and council members Joel McPherson and Kathy Blomquist voting in favor of the proposal.
Council members Ron Lindquist and Theresa Furman cast the dissenting votes.
North Branch City Administrator Bridgitte Konrad said she recently received a call from Chris Stokka, a development associate at MWF properties, and he informed her MHFA did not award the project the tax credits MWF was seeking.
Those credits were sought after by MWF because they would have helped offset some of the costs associated with building the five eight-unit buildings.
“Their moving forward was contingent upon receiving those tax credits,” Konrad said.
If MWF still wants to build in North Branch, the company would have to approach the city again and go through the same process of meetings open to the public and further contemplation by the council.
As of press time, Konrad said she had not received word from MWF what its future plans might be.
The Post Review also attempted to contact MWF, but did not receive a reply.