(Image credit: Minneapolis/St. Paul Business Journal)
Local nonprofit Alliance Housing, Inc. plans to convert a three-story downtown Minneapolis office building (700 10th Ave. S.) into affordable apartment units. 48 of those units would be affordable to those making 30% of the area median income, while the rest would be between 50% and 60%.
Land Bank Twin Cities acquired the property in July to hold for Alliance Housing and looks forward to seeing this project begin!
