More than two dozen new green homes to be built on the North Side this summer
On June 3, crews broke ground on the first of 12 green homes to be built in north Minneapolis this spring, and more are on the way this summer. The homes are part of the City's Green Homes North program, which was launched in 2012, with funding awarded to five developers to build a dozen green homes this spring. An additional 15 green homes will be built this summer, and a total of 100 energy efficient homes with a wide range of designs will be built over the next five years to help revitalize neighborhoods in North Minneapolis.
Green Homes North homes will range in price from $150,000 - $200,000; offering 1,500 – 2,000 finished square feet, 3 bedrooms, 2-3 bathrooms, open concept designs, quality finishes, full unfinished basements, and green building features.
Homes will be constructed to the Minnesota Green Communities Standards as developed by the State of Minnesota or certified as LEED for Home with high efficiency mechanical systems, Energy Star appliances and lighting, and durable exterior construction.
Details of the homes’ green features, renderings of the homes, detailed property information, and contact information for the developers can be found here.
The City of Minneapolis and funding partners Minnesota Housing Finance Agency, Family Housing Fund, and the Twin Cities Community Land Bank created a subsidy and loan pool of up to $6.25 million over two years (2012-2013) to build the 100 homes, starting with 27 homes in 2013 and plans to complete the balance over the next 5 years.
For more information on Green Homes North, click here.
Published Jun. 3, 2013