Name: Builder and Developer Listening Session
Start: 2017-02-08T10:30:00-06:00
End: 2017-02-08T12:00:00-06:00
Location: University of Minnesota Urban Research and Outreach-Engagement Center (UROC)

Builder and Developer Listening Session

The City of Minneapolis Community Planning and Economic Development (CPED) department has a mission to equitably grow a sustainable city with more people and more jobs through thoughtful design and enhanced environment.

City of Minneapolis, Community Planning and Economic Development (CPED)

As a Minneapolis housing developer, architect, builder, contractor, sub-contractor or business we are excited to obtain your opinion and input on the City of Minneapolis’ new Infill Housing Strategy.  
The Infill Housing Strategy to market, sell and develop over 300 city-owned vacant lots for new construction of owner-occupied homes will be tested for a pilot year in 2017.  City staff will learn from the pilot year in order to establish a comprehensive five year strategy and make program adjustments as needed.  Key elements of the Infill Housing Strategy are: 
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Homebuyer Incentive: a simple to access incentive for homebuyers to build new homes on city-owned vacant lots in North Minneapolis. 
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Development Assistance: a competitive request for proposals process for development gap assistance for developers to build new homes on city-owned vacant lots in Minneapolis to sell to   homebuyers with an income up to 115% of area median income or less, which is currently $98,670, for a family of four.
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Long-Term Affordability Homebuyer Assistance: affordability financing to ensure home accessibility to homebuyers with an income of 80% of area median income or less, which is currently $65,700 for a family of four.
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Builder and Developer Listening Session

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Builder and Developer Listening Session

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