On Monday, the Minnesota Legislature wrapped up its legislative session, establishing the state’s biennial budget for the next two years. Included in the final billion-dollar housing budget (HF 2335) was a direct one-time cash grant of $5 million from the state’s surplus to help repair the agency’s portfolio of more than 700 deeply affordable family [...]
MINNEAPOLIS—Today, the Minneapolis Public Housing Authority (MPHA) Board of Commissioners passed a resolution seeking approval for the agency to exercise its maximum levy authority allowable under state law in 2024, an amount equal to 0.0185% of the City of Minneapolis’ Estimated Market Value. In 2023, the max allowable levy amount would have generated an estimated [...]
On Wednesday, MPHA staff will present research on the impact of a fully funded housing tax levy in the City of Minneapolis to the Minneapolis Board of Estimate and Taxation (BET). The agency estimates a fully funded levy would generate $12 million annually in new funding to help MPHA expand its public and deeply affordable [...]
In late March, MPHA completed a $10 million renovation of Hamilton Manor, a 220-unit senior-designated public housing high-rise in the Camden neighborhood. In close coordination with the building’s resident council, the agency worked to reduce resident disruptions with a construction schedule that sought to address needed upgrades to systems and apartments in a single, comprehensive [...]
