New name for Currie Park Lofts
The project is up for discussion on Monday, March 4, before the Minneapolis City Planning Commission.
View ArticleAnother hiccup for Cedar-Riverside apartment project
Construction on a six-story, $48.5 million apartment building in the Cedar-Riverside neighborhood won’t start until October because the city of Minneapolis wants more environmental documentation from...
View ArticleUsing TIF for affordable housing
The Minneapolis City Council will soon consider tax increment financing districts that would steer $5.4 million toward two delayed affordable housing projects in the city.
View ArticleStart-and-stop project going forward with $5 million TIF
The six-story Five15 on the Park apartment project in Minneapolis’ Cedar-Riverside neighborhood is in line for a $5 million Tax Increment Finance boost.
View ArticleCedar-Riverside project faces last financing hurdle
Minneapolis elected leaders are poised to approve $33 million in city financing for the $52.5 million dollar Five15 on the Park apartment project in Cedar-Riverside.
View ArticleCity OKs public financing for Cedar-Riverside rentals
The Minneapolis City Council gave its final approval for $33 million in public financing for the Five15 on the Park project.
View ArticleHousing Investment Trust announces financing for Five15 apartments
The AFL-CIO Housing Investment Trust has closed on $33 million of pension capital funding for the Five15 on the Park apartment project in Minneapolis.
View ArticleOak Grove Capital closes on $40M for housing projects
The St. Paul office of Oak Grove Capital secured just over $40 million in loans for Minnesota housing projects over the past month, the company announced Friday. Oak Grove originated a total of four...
View ArticleNew multifamily units jump in June
Cities in the 13-county Twin Cities region have issued 414 permits for 1,247 new housing units in June, according to the Keystone Report.
View ArticleUse of TIF continues to drop statewide
The trend is thanks in part to the expiration of a short-term tool used to spur projects during the recession.
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