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Twin Cities Housing Projects Receive TOD Grants

Access to existing and planned public transportation is among the criteria used by the Metropolitan Council in St. Paul, MN, in its approval of almost $4.5 million in Livable Communities TOD grants for more than 650 units of affordable housing.

“The Livable Communities program goes a long way toward supporting and promoting economic growth and prosperity in the region,” said Council Chair Alene Tchourumoff. “A critical component to achieving prosperity is the availability of affordable housing. These grants all support the creation of affordable housing that’s close to transit and other types of transportation. Each project focuses on a different group of people in need of affordable housing.”

The four grants include $2 million for redevelopment of an existing office building into nearly 500 affordable housing units across from the future Opus LRT station along the Green Line Extension; $1.2 million for 111 units of workforce housing, including housing for homeless veterans, in a Minneapolis neighborhood near frequent bus service; $350,000 for affordable housing for young people transitioning out of the foster care system; and almost $1 million for mixed-use redevelopment in the Dale Street LRT Station area in St. Paul.

Since the Livable Communities ­program became law in 1995, the council has approved grants totaling nearly $375 million to assist projects that have created or retained more than 52,000 jobs, cleaned up 2,300 acres of polluted property for redevelopment, created or preserved nearly 22,000 affordable housing units and leveraged billions in additional public and private funds.
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