Page 3 - Itasca Project News Today

The city eliminated zoning that allowed only single-family homes and since 2018 has invested $320 million for rental assistance and subsidies.

No place in the U.S. has put inflation in the rearview mirror quite as fast as Minneapolis.

In May, St. Paul-Minneapolis became the first major metropolitan area to see annual inflation fall below the Federal Reserve’s target of 2%.

In addition to having a lower pace of increasing prices, the city has more affordable ratios of income spent on rent than other large cities.

No place in the U.S. has put inflation in the rearview mirror quite as fast as Minneapolis. In May, the Twin Cities became the first major metropolitan area to see

In May, the Twin Cities became the first major metropolitan area to see annual inflation fall below the Federal Reserve’s target of 2%

If you build it, inflation will drop, is Minneapolis' message to America's housing market.

From the column: "When you consider the Itasca Project is run at least in part by corporate CEOs, you wonder about its true motives."

The plan by business, government and developers of market-rate and subsidized housing is rooted in the aggressive recommendations of recent Itasca Group commission. This solution also inspires workforce and economic growth.

Record growth in home prices slashed supply of $300,000 homes.