Best of Neighborhoods News 05/15/2019: ‘Missing Middle’ housing pilot program
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Wanted: ‘Missing Middle’ housingThe city of Minneapolis’ draft plan, Minneapolis 2040, includes a currently dubbed “Missing Middle” pilot program. The pilot will finance the cost-effective development of affordable housing inside new 3-to-20 unit buildings. Its aim, among other things, is to provide an important housing stock to meet the local housing needs of “single people making $32,000 or families making $45,000, the area median income.” The pilot program derives from the Minneapolis 2040 plan, “which would allow triplexes citywide and concentrate multistory development along transit corridors.”
While the plan has not yet been formally adopted, city officials are moving forward with an allocation of $40 million towards affordable housing, $500,000 of which will launch the “Missing Middle” pilot. The city is currently collecting feedback on the pilot, and will vote on its specific guidelines in June. Check out the story on Southwest Journal. Continue Reading