Olmsted County HRA

SE MN Housing Summit

Rochester and SE Minnesota feel housing pinch, discuss options

The Rochester Area Foundation, regional chambers of commerce, and other Southeast Minnesota regional initiatives hosted a workforce housing summit in Rochester in May 2017. Television station KTTC produced a short video featuring interviews with local workers struggling to make rent and stay in their homes to help set the stage for the discussion and show… 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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City seeks inclusionary housing policy

The Rochester City Council on Monday met with affordable housing leaders from the city and Olmsted County to craft a plan for continued action in addressing a growing housing crisis. The city has invested in affordable housing in the past — including $14.7 million in tax increment financing to affordable housing projects since 1999 —… More

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Rochester Area Foundation hopes to raise $19M for affordable housing

The foundation is preparing to embark on a $19 million fundraising campaign that will provide partner funds to the Olmsted County Housing and Redevelopment Authority. The county HRA will in 2016 levy a property tax to fund affordable housing efforts. That levy could raise as much as $2.5 million, but a recent HRA business plan… More

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