Walz, Flanagan announce $195M in affordable housing projects

Thursday, Gov. Tim Walz and Lt. Gov. Peggy Flanagan announced affordable housing funding selections and project advancements.

The approved funding totals $195 million and is meant to help preserve 2,387 homes.

Minnesota Housing Commissioner Jennifer Ho joined the governor and lieutenant governor in the announcement, which outlined the various developments.

"Every Minnesotan deserves access to affordable housing," Walz said in a statement. "That has never been clearer than this year as we seek stable places to live, raise families, and shelter from the virus. We must increase affordable housing options for Minnesotans across the state, and today’s announcement is a critical step toward making that a reality."

Flanagan added, "Minnesota Housing’s 2020 selections and advancements chart the future of the state’s housing investments with equity at the center. Housing is health. It’s the foundation for success, a safe place to be, and a springboard for opportunity. Every Minnesotan deserves housing that is affordable and fits their needs."

More information can be found here.