Minnesota Housing Finance Agency

Apartment sales in the seven-county metro increased 165 percent between 2010 and 2015, according to the report, which analyzed data from Marquette Advisors, CoStar and Finance & Commerce’s Twin Cities Apartment Sales Tracker. Many units – often in Class B or Class C buildings – are being refurbished, rebranded and leased for more than the… Read more

Policymakers and business leaders say a lack of available rentals is stunting economic growth. In addition, the Minnesota Housing Finance Agency and several partner organizations will funnel about $17.2 million into affordable housing projects in the seven-county Twin Cities metro area. All together, the funding announced Thursday will go toward 51 projects that open up or… Read more

An abundance of resources and programs to make housing easier to obtain are available to aspiring and first-time homeowners, but at the East Central Housing & Community Dialogue in Braham Oct. 6, facilitators of these programs revealed not enough of those in the lending and housing industries are aware of them, especially in rural Minnesota… Read more

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… Read more