City of Falcon Heights Council Meeting Agenda April 2026
City Backs Grant Application For Velair Fairway Commons Project
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Description
Falcon Heights is seeking up to $1.7 million in Livable Communities Development Project grant funding to support Fairway Commons, a 110-unit senior affordable housing development proposed by Velair Development Company. The City would act as grant sponsor and administer funds on Velair's project if the application is successful.
Contract Details
Contract Amount
Up to $1,700,000 (grant amount to support project)
Vendor
VELAIR DEVELOPMENT COMPANY
Agency
City of Falcon Heights, MN
Contract Type
OTHER
Document Date
April 19, 2026
Renewal Info
Grant application stage only; any future development or funding agreements with Velair would be defined upon grant award and project closing.
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