The city opened its first large multifamily affordable housing complex in decades, but a recent court ruling against the Minneapolis 2040 rezoning plan could jeopardize future projects.
A multifamily affordable housing project is the first large-scale public housing project in Minneapolis in over 20 years. As Melissa Olson reports for Minneapolis Public Radio, “the new project will construct a total of 16 sites making a total of 84 units of deeply affordable housing, which means it’s affordable for residents making less than 30 percent of the area median income.”
Minneapolis Mayor Jacob Frey says the project is part of an effort to place ‘deeply affordable’ housing in more parts of the city, but worries about the future. “Frey expressed his concern that a recent ruling which struck down the city’s 2040 plan could prevent affordable housing projects like this one from going forward.”
FULL STORY: Minneapolis celebrates first large-scale affordable housing project in more than 20 years
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