Business, Housing and Zoning Committee
Minneapolis City CouncilRemote
- Unanimously approved the Affordable Housing Trust Fund Award for 7 projects totalling $17 million. Projects have at least 20% of units that are at or below 50% AMI. CM Ellison noted this fund could potentially only be for $3 million in the 2025 budget.
- Unanimously approved a 9% Low Income Housing Tax Credits project by Simpson Housing for $1.5 million at 21st and Nicollet. Three applications for $4 million were submitted.
Reporting
Edited and summarized by the Minneapolis - MN Documenters Team
Attachments
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Agency Information
Minneapolis City Council
The Council makes the laws that govern the City. Each Council Member is elected from one of thirteen separate wards.