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State announces $87 million for affordable housing

Tuesday, January 01, 2019

Minnesota Housing is investing more than $80 million in projects expected to support 1,700 affordable housing units across the state.

The state agency announced Thursday that 55 construction or renovation projects, including 25 for multifamily housing, will receive $87.5 million in deferred loans and other financial assistance. The projects were chosen through a competitive process, Housing Commissioner Mary Tingerthal said in an interview.

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Category: Housing

City of Elk River Economic Development
13065 Orono Parkway | Elk River, MN  55330
phone 763.635.1000