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State announces $87 million for affordable housing

1 Jan 2019


Minnesota Housing is investing more than $80 million in projects expected to support 1,700 affordable housing units across the state.

The state agency announced Thursday that 55 construction or renovation projects, including 25 for multifamily housing, will receive $87.5 million in deferred loans and other financial assistance. The projects were chosen through a competitive process, Housing Commissioner Mary Tingerthal said in an interview.

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City of Elk River Economic Development
13065 Orono Parkway | Elk River, MN  55330
phone 763.635.1000