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.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.