We wanted to give a big thank you to those who helped to create a successful and thought provoking Regional Affordable Housing Forum in the Southeast Region of Minnesota. The Southeast Regional Affordable Housing Forum was joined by nearly 200 partners where we virtually connected for education, discussion, and networking. Opening Remarks were provided by Commissioner…
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Real Estate Equities, Greater Minnesota Housing Fund, and Merchants Capital have teamed up to create Technology Park, a 164-unit housing complex in Rochester, Minnesota. The apartments will provide naturally affordable rental housing to Rochester’s workforce without subsidy. Technology Park, to be renamed upon the building’s opening, will help ease Rochester’s affordable housing crisis. Rochester was…
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A state task force on affordable housing released a report last year that contained some sobering findings. Not least of those was that more than 554,000 Minnesota households struggle to afford quality housing, a 58 percent increase since 2000. Minnesota has an affordable housing crisis, and families looking for a home they can afford are…
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The 2016-2020 Housing Framework is the result of a multi-year, community-based planning process jointly led by Olmsted County and Rochester Area Foundation. These and other community partners are already taking steps to address the area’s affordable housing shortage. The 2016-2020 Housing Framework presents “high,” “medium,” and “low” goal options for accelerating affordable housing production in…
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Affordable housing was the focus of a discussion Monday night in a joint meeting between the Olmsted County Board of Commissioners and Rochester City Council. At the Committee of the Whole meeting in April, officials said they are looking into ordinance changes to give developers incentives to include affordable housing units. The need for affordable…
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