Emerging and Diverse Developers (EDD) Program
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The following projects were approved for funding for Statewide Affordable Housing Aid funding at the County Board meeting on Dec.19, 2023:
Recipient |
Project |
Location |
Housing units | 30% AMI |
Investment |
|||
---|---|---|---|---|---|---|---|---|
New Verticals Development |
Grotto Street Acquisition |
Saint Paul |
3 (preserved) | 0 |
$320,000 |
|||
Midway Property Development LLC |
992 Iglehart Acquisition |
Saint Paul |
2 (preserved) | 0 |
$274,054 |
|||
GRO LLC | 796 Coliving Little Mod | Saint Paul | 12 | 0 | $127,891 | |||
Total | 17 | 0 | $721,945 |
The following projects were approved 2023 HRA Levy funding during the HRA board meeting on Dec. 12, 2023:
Recipient |
Project |
Location |
Housing units | 30% AMI |
Investment |
|||
---|---|---|---|---|---|---|---|---|
Reign Development |
Hazelwood Acquisition |
Saint Paul |
48 (preserved) | 1 |
$500,000 |
|||
Face to Face Health and Counseling |
F2F @ 1170 Arcade |
Saint Paul |
20 | 20 |
$432,152 |
|||
Gloryville LLC | GloryVille | Saint Paul | 87 | 0 | $432,152 | |||
GRO LLC | 796 Coliving Little Mod | Saint Paul | 12 | 0 | $305,696 | |||
Thoj Group | Woodbridge Street Duplex | Saint Paul | 2 (preserved) | 0 | $20,000 | |||
Outlaw Development LLC | 1698 Lafond Duplex | Saint Paul | 2 (ownership) | 0 | $20,000 | |||
Outlaw Development LLC | 750 Chatsworth Lofts | Saint Paul | 3 | 0 | $20,000 | |||
Hourglass Homes LLC | Youngman Flats | Saint Paul | 3 | 1 | $20,000 | |||
Reallocated funds from 2022 Housing Development Solicitation | ||||||||
Buhl Investors | Amber Flats | Falcon Heights |
100 |
3 | $500,000 | |||
Total | 275 | 25 | $2,250,000 |