Edit Module
Edit Module
Bookmark and Share Email this page Email Print this page Print Pin It
Feed Feed

Grandview Commons gets affordable housing

The Flats at Grandview Commons, a $20.3 million, 94-unit affordable housing community designed for working families, broke ground on a vacant lot at the corner of Milwaukee Street and Milky Way.

Six two-story buildings will offer a mix of two and three bedroom units and a community clubhouse. On-site supportive services will also be included.

WHEDA is providing $11 million in both construction and permanent financing. UnitedHealthcare is the largest private investor, with $5.4 million in equity through a partnership with Cinnaire and Minnesota Equity Fund.

Royal Capital Group is the project developer.

Nov 8, 2017 02:12 pm
 Posted by  Anonymous

What's their definition of 'affordable' housing? No rent figures are given.

Add your comment:
Bookmark and Share Email this page Email Print this page Print Pin It
Feed Feed
Edit Module
Edit ModuleShow Tags

Events Calendar

Edit Module
Edit Module

Edit Module