Hennepin County issued the following announcement on May 13.
Investments support more than 700 affordable housing units
Acting as the Housing and Redevelopment Authority, the County Board has awarded $9.6 million to help fund 18 affordable housing, development and infrastructure projects.
The COVID-19 pandemic has created even more urgency for affordable housing. These awards use existing program dollars to help create or preserve more than 700 affordable housing units, respond to community needs, reinvest in our local economy, and support people experiencing chronic homelessness and people with severe addictions.
Funding details
- Affordable Housing Incentive Fund - $5.7 million for 10 affordable housing projects with 535 units of affordable housing. Learn more.
- Transit Oriented Development - $1.7 million for five development projects, supporting 141 affordable housing units and 170 new or retained jobs. Learn more.
- Supportive housing - $2.2 million for three supportive housing projects, including 20 units for people with severe addictions and 68 for people experiencing chronic homelessness. Learn more.
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