Rochester

Group seeks Clinic’s help with affordable housing

Randy Petersen reports in the Post-Bulletin that group of 40 to 50 local residents asked Mayo Clinic to lead in an effort to raise $60 million during the next five years to help create affordable housing in Rochester. In a letter to Dr. John Noseworthy, CURE — Communities United for Rochester Empowerment — also asked… More

John Errigo, GMHF Syndication & Loan Officer

City to study affordable housing options

The Rochester City Council on Monday took action to hire a consultant firm, Grounded Solutions Network, to provide recommendations on an inclusionary housing policy. The firm has provided consultations to more than 50 U.S. cities and organizations, according to a proposal it submitted to the city April 15. Olmsted County housing staff and a representative… More

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Our View: Policy can answer housing crisis

With more than $14.7 million in tax-increment financing provided for the construction of affordable housing in the city since 1999, efforts have been ongoing for decades. “We’ve been doing housing projects back to the mid-80s,” Rochester Assistant City Administrator Gary Neumann told the city council this week. In addition to TIF funding for single-family homes… More

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