True loves News Express, the on-line headline news posted to Boreal by the Cook County News Herald.
The local folks who asked the EDA and the Grand Marais City Council for a chance to bid on affordable housing projects have gotten their wish. It's not maybe as simple as they thought, navigating the mysterious realms of federal, state and private grant applications, mortgage lending, infrastructure costs, and the strict criteria set by the Minnesota Green Communities Initiative while still creating high quality affordable housing. The Land Trust model will also have to do duty here if the project has any chance of succeeding.
But, best of luck, locals. It would be a win for everybody if we had an affordable housing coalition of city, county and contractors to meet the needs of the half of residents who fall below the median income. Go for it.
News Express » Archive » EDA requests affordable housing bids from local builders
Friday, May 04, 2007
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