A century after its construction, The Lonoke apartment building in Minneapolis is undergoing a renovation that development partners say is an important step toward ending homelessness in the city. Minnesota-based developer Beacon Interfaith Housing Collaborative found strong neighborhood support for converting The Lonoke from market-rate apartments into 19 units of affordable housing for low-income households and formerly homeless individuals.
Read the full story in Novogradac Journal of Tax Credits August 2015.
