Hoiseth says he’s looking to partner with the NW MN Housing Co-op; 3 homes could be built in 3 years
The Crookston Housing & Economic Development Authority (CHEDA), who’s looking to partner with the Northwest Minnesota Housing Cooperative, is interested in purchasing the trio of home lots carved out of a portion of Hoven Lane Park on Crookston’s north end as part of the Crookston City Council’s effort to provide “in-fill” residential housing opportunities in the community.
At a closed council Ways & Means Committee session Monday night – statute allows such meetings to be closed to the public and media when possible property transactions are discussed – CHEDA’s possible interest in the trio of lots was discussed, but Mayor Wayne Melbye said no specific offers have been floated, and if/when they are the offers will go through Red River/Century 21 Realty, whom the City is contracting with to market and sell the trio of Hoven Lane lots as well as eight lots ready for home construction on Pirate Drive east of Crookston Sports Center.
“CHEDA is definitely interested (in the three Hoven Lane lots), and they’re working with the housing co-op, too,” Mayor Wayne Melbye told the Times Tuesday.
The initial plan was to price the lots at the market rate to see if they’d gauge any interest at that price point. When those prices were apparently too steep to spur any activity from potential buyers, the council subsequently agreed earlier this winter to reduce the prices to $12,000.
CHEDA Executive Director Craig Hoiseth told the Times Tuesday that, working with the NW MN Housing Co-op, three homes could be built on the three lots in three years. He said it could involve the construction of a “spec” home, and that it’s possible the Crookston High School Construction Trades program could be involved as well.