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Homebuilder advocates have repeatedly said that the Twin Cities needs more housing, but so far this year only one of the two major residential construction sectors is doing its part to meet the rising demand for shelter.
The legislation, among other things, would allow for multifamily housing by-right in commercially zoned districts.
Building permits pulled for housing in the Twin Cities metro hit an eight-year low in 2023, though December saw a notable uptick.
Homebuilders wrapped up the year with good news. Housing First Minnesota reports metro builders pulled permits for 401 single-family homes in December, which is a 51% increase from last December.
A new program in Washington state will provide homes to people who are most in need in the region. The project, known as Madrona Highlands in south Snohomish County, will be available for homeless or very low income families. Beneficial State Bank has made it part of its mission to support affordable housing and is injecting $6 million in loans. ...