Program Goal: Stabilize and revitalize Minnesota’s traditional mixed-income neighborhoods.
In the early 2000s, Minnesota was in the middle of a housing crisis – one marked by strong job growth and high housing costs. In this environment, Greater Minnesota Housing Fund launched the Building Better Neighborhoods program, which provided practical solutions for increasing the supply of affordable housing while reviving traditional and compact neighborhood design with better access to services and amenities.
Since then, small cities and towns have had to pull themselves out of a crisis of disinvestment in their traditional neighborhoods during the Great Recession. Communities now are recovering from the lack of investment with the goal of becoming economically stable and healthy.
Greater Minnesota Housing Fund’s latest Re-Building Better Neighborhoods program now focuses on offering the essential tools, techniques and special funding needed to stabilize and rebuild core neighborhoods. In this area GMHF is focusing particularly on core downtown Main Street revitalization in existing neighborhoods. The Re-Building Better Neighborhoods program emphasizes methods for:
- Targeted neighborhood-based planning and design.
- Green and healthy home rehabilitation.
- Strategic demolition of blighted properties.
- Well designed new “infill” homes.
- Attractive mixed-use redevelopment projects.
- Stimulation of private sector reinvestment.
- Formation of public-private partnerships.
We are excited to share with you GMHF’s in-depth book Building Better Neighborhoods.
In 2017 GMHF will release Re-Building Better Neighborhoods, an overview of innovative projects across Minnesota.