Business, Housing and Zoning Committee

Minneapolis City Council

Tuesday, Nov. 19, 2024
1:30 p.m. CST

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  • Unanimously approved the Affordable Housing Trust Fund Award for 7 projects totalling $17 million. Projects have at least 20% of units that are at or below 50% AMI. CM Ellison noted this fund could potentially only be for $3 million in the 2025 budget.
  • Unanimously approved a 9% Low Income Housing Tax Credits project by Simpson Housing for $1.5 million at 21st and Nicollet. Three applications for $4 million were submitted.

Reporting

Edited and summarized by the Minneapolis - MN Documenters Team

Note-taking by Glen Johnson

Agency Information

Minneapolis City Council

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(612) 673-2244

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The Council makes the laws that govern the City. Each Council Member is elected from one of thirteen separate wards.

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