Tag: Affordable Housing
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Bloomington progresses affordable senior housing project
MWF Properties, a Richfield-based developer that specializes in multifamily projects, is moving forward with a 125-unit building geared toward people 55 and older. The project, which will provide a mix of studios and one- and two-bedroom apartments, will provide nine units available to those making 30% of the area median income (AMI), 23 units at […] Read More
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City of Plymouth proposes new inclusionary zoning policy
The city of Plymouth unveiled the final draft of its moderate-income housing policy, which aims to increase the production of housing units in the city available to residents making less than the area median income. Under the proposal, all types of new housing receiving financial assistance from the city would need to reserve 10% to […] Read More
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St. Paul rent control challenged in federal court
Two apartment operators filed a federal lawsuit against the City of St. Paul over its rent stabilization policy in June. In November 2021, St. Paul voters approved a rent control ordinance considered the strictest in the nation. The two apartment operators, Lofts at Farmers Market, LLC and Woodstone Limited Partnership, are seeking a declaration that […] Read More
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Growing coalition calls for legislature to address zoning reform
As the housing inventory and affordability crisis continues to worsen in Minnesota, a broad coalition is pressing the legislature to take action. The coalition, which includes the Minnesota Realtors®, Housing First Minnesota, the Minnesota Multi-Housing Association, Minnesota Chamber of Commerce and others, is urging the legislature to adopt Senate File 3259, which has emerged as […] Read More
