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Bloomington looks to spur more deeply affordable units

Bloomington looks to spur more deeply affordable units
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Dan hyltonBloomington planning commissionBloomington housing development specialist kenny niemeyerCity councilCommunity development departmentOpportunity housing ordinanceHousing development specialist kenny niemeyerMetropolitan councilCommunity developmentTwin cities

Apartment values plunge as Twin Cities developers face tough regulations, high interest rates

The rental housing market has quieted in other ways, too, with depressed sale prices on apartment buildings and less activity on new construction.

United statesLoring parkPaul buildingDan hyltonAtina grossmanAngie wieseCecil smithPaul department of safetyPaul area association of realtorsManagers associationMinnesota multi housing associationEconomic developmentUs department of housingPaul building ownersWeidner apartment homesElan uptown

Apartment values plunge as Twin Cities developers face tough regulations, high interest rates

Some rents stabilized in 2023, but demand for three-bedroom apartments led to 7-11% rent increases.

Loring parkUnited statesPaul buildingAtina grossmanAngie wieseDan hyltonCecil smithManagers associationMinnesota multi housing associationPaul department of safetyEconomic developmentUs department of housingPaul area association of realtorsPaul building ownersWeidner apartment homesElan uptown

Apartment values plunge as Twin Cities developers face tough regulations, high interest rates

The rental housing market has quieted in other ways, too, with depressed sale prices on apartment buildings and less activity on new construction.

United statesLoring parkPaul buildingCecil smithAtina grossmanAngie wieseDan hyltonMinnesota multi housing associationPaul department of safetyUs department of housingPaul area association of realtorsEconomic developmentManagers associationPaul building ownersWeidner apartment homesElan uptown

Apartment values plunge as Twin Cities developers face tough regulations, high interest rates

The rental housing market has quieted in other ways, too, with depressed sale prices on apartment buildings and less activity on new construction.

United statesPaul buildingLoring parkCecil smithAtina grossmanDan hyltonAngie wiesePaul department of safetyMinnesota multi housing associationUs department of housingPaul area association of realtorsEconomic developmentManagers associationPaul building ownersWeidner apartment homesElan uptown