$126 million in state funds to create 1,823 affordable housing units
The investments are expected to support more than 3,400 jobs.
The investments are expected to support more than 3,400 jobs and leverage additional private and local resources for upward of $350 million in total development costs.
Here's a selection of projects:
• $13 million for the $41 million, 177-unit Dorothy Day Residence in St. Paul, which will include 18 units for people dealing with long-term homelessness and 27 units for people with disabilities.
• Twin Cities Habitat for Humanity will get $1.2 million to build 29 houses across the metro area that will cost a total of $7.9 million.
• In Cloquet, Roers Investments will use $7.7 million for a $14.1 million project called the Cloquet Middle School Apartments, a 57-unit adaptive re-use rental project.
• In Duluth, the Center City Housing Corp. received $8.1 million for the $13.4 million, 50-unit Garfield Square apartments, which will include 25 units for homeless people and 10 units for people with disabilities.
• In Minneapolis, the Community Housing Development Corp will use a $8.1 million grant to develop the 61-unit, $12.3 million Park 7 apartments, which will including 31 units for long-term homeless renters and 10 units for people with disabilities.
• In Cannon Falls, Three Rivers Community Action will use $3.1 million to acquire and rehab 39 one- and two-bedoom units at Riverwood Apartments.
• In Rochester, Titan Development and Investments received $4.2 million to acquire and rehab the 100-unit Hylands Rochester apartment for a total project cost of $16.6 million.
The in-demand trend has drawn lines of customers at some retailers and fueled quick expansion at others, like Miniso and Pop Mart.