The Minneapolis City Council has approved a project that will dedicate $1 million toward eliminating blight and increasing home ownership opportunities in the Jordan Neighborhood on the North Side.
Up to $1 million will be available to acquire, develop, and rehabilitate as many as 20 blighted properties around 26th Street and James Avenue North. Two non-profit housing organizations will develop a mix of newly-constructed and rehabilitated single-family homes on the 20 sites to sell to owner-occupants.
The project was developed by a partnership between the City Community Planning and Economic Development Department, the Jordan Area Community Council, and members of the Minneapolis Consortium of Community Developers.
The Jordan project is part of a larger strategy known as the Northside Home Fund (NHF), which was developed by North Side neighborhood organizations, the City of Minneapolis, the Family Housing Fund, and other community partners. The Northside fund aims to assist in improving the quality of the housing stock in north Minneapolis and strengthen the home ownership market of neighborhoods in the area. The Jordan project is the first of five NHF projects currently underway in North Minneapolis neighborhoods.
For more information on the Northside Home Fund, visit the Northside Home Fund.
Published Jul 24, 2006