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Board approves Nicollet County housing trust fund plan for statewide affordable housing aid
Summary
Nicollet County approved a housing trust fund budget proposal allocating an estimated $110,745 per year for four years (to be used by end of 2027), with 10% reserved for short‑term rental or buyer assistance and 90% for developing units for households at or below 80% of area/state median income.
The Nicollet County Board unanimously approved a budget proposal July 23 for the county’s local housing trust fund under the statewide affordable housing aid program.
Health & Human Services staff (speaker 4, referred to in the meeting as Cassie) briefed the board that the county’s current estimated funds are $110,745 per year for four…
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