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Walz announces $195M to increase access to affordable housing for Minnesota


KAAL-TV
Created: December 17, 2020 04:07 PM
(ABC 6 News) - Governor Tim Walz, Lieutenant Governor Peggy Flanagan and Minnesota Housing Commissioner Jennifer Leimaile Ho announced in an online presentation today that the Minnesota Housing board of directors approved staff recommendations of $195 million to create and preserve 2,387 homes throughout the state, including rental units and single-family homes.
The announcement outlined 73 developments that support more than 5,300 jobs and will leverage $334 million in private and local resources for more than $529 million in total development costs. Each of the projects included in today’s announcement were reviewed through a single common application process with funding from Minnesota Housing, the Metropolitan Council, Ramsey County and Greater Minnesota Housing Fund. ....

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