MDA project approved by MHFA

The Commons at Penn Ave - North

  • 45 new construction affordable units
  • 1 BR, 2 BR, 3 BR for income less than approximately $41,150
  • Foreclosure remediation
  • Mixed use: First floor commercial space separately financed
  • Workforce housing

Sponsored by Building Blocks Non Profit, Inc. 

Award Amount: 

  • $1,249,975 by Minnesota Housing
  • $350,00* by Family Housing Fund

*Funding subject to approval by partner organization boards.

Total Development Cost: $10,238,749

Source: http://www.mnhousing.gov/wcs/Satellite?c=P...