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Three Rochester Area Housing Projects Awarded State Funding Enter your number to get our free mobile app St. Paul, MN (KROC-AM News) - Governor Tim Walz has announced the distribution of $195 million in state assistance for the creation and preservation of nearly 2400 housing units throughout Minnesota. A total of 73 developments will be supported by the state funding, including three affordable housing projects in the Rochester area. Titan Development is planning a $17.8 million project involving a 72 unit apartment building in southwest Rochester and Joseph Development plans to build a $15...

Two Mankato Housing Projects To Receive State Funding By Darin Svenson|2020-12-18T05:35:24-06:00December 18th, 2020| Two Mankato housing projects have received funding from the state as part of an initiative with the goal of increasing access to affordable housing in Minnesota. State officials say Rosa Place II, being constructed by Joseph Development LLC, will receive 8.2 million dollars in housing tax credits for a 51-unit complex, all being for affordable housing. The state says Sinclair Flats, being constructed by Cohen Esrey Development Group LLC, will receive 7.5 million dollars in hous...

1 of 3 State officials onThursday announced funding for this new affordable housing building near downtown Mankato. All but 10 apartments in the proposed 48-unit Sinclair Flats building are to be reserved for people making 30-60% of the area median income. The Neighborhood, a proposed $36 million affordable housing development, should begin construction by fall of 2021 after a portion of the project — the 48-unit apartment building (right) — was awarded state funding Thursday. The two buildings (left) aimed at seniors will be constructed a year later if state...