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Plymouth sets up TIF district for Prudential redevelopment
A plan from Roers Companies and Scannell Properties to bring up to $300 million of new development to the former Prudential campus in Plymouth has reached another milestone with the Plymouth City Coun...
Cities accepting applications for 9% housing credits
It’s that time of year again: Nonprofit developers in Minneapolis, set your alarms for Monday, July 8 at 4 p.m. because that is the latest that the city of Minneapolis will accept your applications fo...
Report: Multifamily permitting down, rent expected to increase
The first quarter of 2024 has shown little appetite for development, according to a new Northmarq report on the multifamily market, which has seen the lowest amount of permitting activity since 2017. ...
Deeply affordable housing pitched for vacant Columbia Heights building
Columbia Heights is poised to grow its stock of deeply affordable housing with help from Anoka County and a vacant assisted living building. The Anoka County HRA recently acquired the former 50-uni...
Watertown sees potential first market-rate multifamily project in 30 years
At its third meeting of 2024, the Watertown Planning Commission will review sketch plans Thursday for a project that the city doesn’t typically see: a nearly 100-unit multifamily development. Axys ...
State funding gets ‘ball rolling’ on rec center in Cedar-Riverside
A yearslong effort to improve recreation facilities and bring new affordable housing to Minneapolis’ Cedar-Riverside neighborhood took a leap forward this spring with help from the state Legislature, ...
Report: Homeownership out of reach for many people of color in Minneapolis
In a new report from the Minneapolis Homes program, all homes in the city are currently out of reach for the average Black and brown Minneapolis resident, and if trends continue, by 2040 all homes wil...
Minnesota Chamber report cites regulation, housing shortage as holding back state’s growth
While Minnesota is seeing expanding economic growth, a new report from the Minnesota Chamber of Commerce says things like environmental permitting and a lack of local government support is limiting th...
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