Agency awards $126 million to affordable housing projects

Minneapolis-based Aeon's proposed 70-unit Prospect Park project at 3001 Fourth St. SE in Minneapolis was awarded $4.1 million from the Minnesota Housing Finance Agency and is up for $9.7 million tax credit equity, subject to Minneapolis City Council approval. Supporting everything from rehabs of existing units to new housing and services for Native American youths, the Minnesota Housing Finance Agency on Thursday announced $126 million in loans, grants and tax credits to affordable housing proje