Single Family Housing Development Tools
The Single Family Housing section of CPED strengthens neighborhoods and facilitates the elimination of blighting influences in Minneapolis through the acquisition and redevelopment of substandard, vacant, boarded, obsolete or non-conforming structures of less than 10 units.
- The Vacant Housing Recycling Program brings CPED's expertise together with neighborhood-based partners in efforts to remove blight, and provides matching funds for the acquisition and disposition of residential properties.
- The Housing Replacement Tax Increment District is a tool that reimburses some of the costs incurred by the City of Minneapolis in acquiring blighted properties and preparing them for redevelopment.
- The Homeownership Works program (HOW) is a federally funded program that allows the City of Minneapolis to contract with approved non-profit developers who buys and renovates/construct single family housing units and sell to households with incomes at, or below 80% of the area median income.
- Created by the Metropolitan Consortium of Community Developers (MCCD), OwnaHomeMN.org is a one-stop shop to connect potential homebuyers with quality, affordable homes and the resources needed to achieve and sustain successful homeownership.
- The Northside Home Fund is a partnership with neighborhood organizations and housing partners that is focused on redeveloping specific housing clusters in order to stabilize and strengthen homeownership in North Minneapolis.
- Green Homes North is an initiative of the City of Minneapolis and several partners which will build 100 energy efficient homes over the next five years to revitalize neighborhoods in North Minneapolis.
- The Neighborhood Stabilization Program (NSP) was established by the U.S. Department of Housing and Urban Development (HUD) to purchase and redevelop foreclosed and abandoned homes to stabilize communities.
Online information from the City of Minneapolis at MinneapolisMN.gov/CPED
Last updated Oct 30, 2013