Address: 3001 E. Lake St.
Type: Affordable senior housing
Units: 44
Cost: $10.8 million
Developer: Alliance Housing Inc.
Architect: Cermak Rhoades Architects
Details: A Sept. 13 groundbreaking is scheduled for Minnehaha Commons, a 44-unit building targeted to low-income, single adults aged 55 or older who may have been denied access to other quarters due to their housing, credit or criminal histories.
Developed by the nonprofit Alliance Housing Inc., the three-story, $10.8 million building was financed with state, Met Council, Hennepin County and city support, including an allocation of 4 percent investor tax credits from the Minnesota Housing Finance Agency. Private backing came from the Federal Home Loan Bank of Des Moines, the Twin Cities Local Initiatives Support Corp., Thrivent Corp. and the Sisters of St. Joseph of Carondelet.