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ST. PAUL, MN-The city plans to move ahead with the construction of5,000 housing units–at least 1,000 of which would be “affordable”–and the creation of a $1-billion housing fund. The city council recently endorsed Mayor Randy Kelly’s four-year housing plan.

The plan also would have the city contribute Neighborhood Sales Tax Revitalization money to the housing fund as leverage for private sector or nonprofit groups, as well as other public agency contributions.

The details of Kelly’s four-year housing plan would use $20 million in STARfunds for housing; help preserve existing housing; and improve housing code enforcement.

The council specified that at least 500 units will be built for those earning 30% of the Twin Cities metropolitan area’s median household income of $76,700.

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