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Blue Earth County EDA accepts $3.35 million Bring It Home rental grant; also wins $150,000 local housing trust fund award
Summary
The Mankato and Blue Earth County EDA won a $3,347,771 Bring It Home grant from Minnesota Housing to deliver rental assistance across Region 9 and a separate $150,000 Local Housing Trust Fund award to support affordable homeownership.
The Mankato and Blue Earth County Economic Development Authorities on Sept. 9 authorized the executive director to sign a Bring It Home grant agreement with Minnesota Housing and accept a $150,000 Local Housing Trust Fund award. Nicole Cunningham, housing coordinator for the Mankato and Blue Earth County EDAs, told the board the Bring It Home award totals $3,347,771 and is intended to provide rental assistance across Region 9.
Why it matters: The Bring It Home funds are targeted to cost-burdened households and include both startup and direct housing-assistance dollars that the EDA says will expand rental voucher capacity in the region.
Cunningham said, “The…
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