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City committee approves $14.5M in Affordable Housing Trust Fund awards and 9% LIHTC recommendations

Minneapolis City Business, Housing & Zoning Committee · November 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

CPED recommended nine projects for Affordable Housing Trust Fund awards (about $14.5M) and staff recommended using the city’s 9% LIHTC allocation to support two deeply affordable projects; the committee approved both packages.

CPED residential finance staff presented recommendations Nov. 13 for the 2025 Affordable Housing Trust Fund and the city's allocation of 9% low-income housing tax credits.

Carrie Goldberg said nine projects are recommended for AHTF awards totaling about $14.5 million; the projects together will create or preserve…

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