Agency resources will fund construction or rehabilitation ofmultifamily projects containing 1,898 housing units, 1,500 of whichare considered affordable, as well as assistance for 340 householdswith HIV/AIDS and both of the operating subsidies which provideassistance for 17 affordable housing units.
The selections provide capital funding for development andrehabilitation of 27 projects as well as funding for five programsserving persons with HIV/AIDS and operating subsidies for twodevelopments.
The Greater Minnesota Housing Fund, Family Housing Fund and theMetropolitan Council will provide the balance of funds. Of themultifamily projects and programs, 21 are in the Twin Cities and 13are in outstate Minnesota.
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