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2025-317
| 1 | 1. | LEDA Minutes | Approval of LEDA Regular Meeting Minutes - 10 13 2025 | approved | Pass |
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2025-318
| 1 | 1. | LEDA Regular Department Payment Report | Approval of Regular Department Payment Report - 10 2025 & 11 2025 | approved | Pass |
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2025-319
| 1 | 2. | LEDA Financial Report | Approval of Financial Report - 10 2025 & 11 2025 | approved | Pass |
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2025-362
| 1 | 1. | LEDA Director's Report Informational Item | Housing Update
The City of Luverne is actively participating in the Southwest Minnesota Housing Institute, a 12-month regional cohort focused on providing training, expertise, tools, and partnership opportunities to advance housing development in rural communities. The City continues to explore both new development along the South Hwy 75 corridor and infill or redevelopment options within existing neighborhoods. While affordable housing programs are available, many come with income and rent restrictions that make private development more challenging. Workforce (market-rate) housing funding sources remain very limited, adding to the complexity of moving projects forward.
Luverne’s most recent housing study was completed in December 2022, and Rock County’s was completed in October 2022. Since then, the 54-unit Prairie Loft workforce apartment project has been constructed, fully leased, and continues to maintain a waiting list. To better understand the impact of this project on local supply and demand-and to guide future decisions-it may be beneficial to update the housing study in th | no action taken | |
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