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arcturus

Downtown Minneapolis

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Happening across the country but nevertheless good to see in comparison to GR with the usual 'different market' caveats.  No mention of LIHC's, but maybe that market has morphed passed that necessity.  Maybe we'll see less reliance here.

 

http://www.startribune.com/housing/281386321.html

 

Yeah Minneapolis core has been far past the point of critical mass for a long time,  I can't imagine phrase "LIHC" is ever considered when proposing a new development. 

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One of the underlying reasons for such strong apt demand - https://twitter.com/NickTimiraos/status/529302969611599873

 

Many are choosing because they have no choice.  Go economy!

 

You can trace everything to globalization, even climate change.

 

Happening across the country but nevertheless good to see in comparison to GR with the usual 'different market' caveats.  No mention of LIHC's, but maybe that market has morphed passed that necessity.  Maybe we'll see less reliance here.

 

http://www.startribune.com/housing/281386321.html

 

The LIHTC (low income housing tax credit) program is a Michigan program.

 

In other news:

 

http://kstp.com/article/stories/s3598720.shtml

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The LIHTC (low income housing tax credit) program is a Michigan program

 

LIHTC is both federal and state, not limited to Michigan.

 

http://en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

 

https://www.novoco.com/low_income_housing/lihtc/state_lihtc.php

 

https://www.novoco.com/low_income_housing/lihtc/federal_lihtc.php

 

 

 

Surprisingly few for a metro area the size of Minneapolis/St Paul.

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LIHTC is both federal and state, not limited to Michigan.

 

http://en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

 

https://www.novoco.com/low_income_housing/lihtc/state_lihtc.php

 

https://www.novoco.com/low_income_housing/lihtc/federal_lihtc.php

 

 
 

 

Surprisingly few for a metro area the size of Minneapolis/St Paul.

 

Ah. I assumed since it was facilitated by MSHDA that it was a Michigan program. Learn something new every day.

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