View of the Mississippi River and Stone Arch Bridge from balcony of the Guthrie Theater in Minneapolis, MN.Barry Winiker Minneapolis is the first major metropolitan area to have inflation rates below the Fed's 2% target. According to Bloomberg, Minneapolis hit the goal in May with an inflation rate of 1.8%. The rate is likely due to aggressive legislating to address soaring housing costs in the city.

BING NEWS:
  • Minneapolis committee OKs $17M in housing trust fund awards
    Eleven projects throughout Minneapolis have been recommended to receive money from the city’s Affordable Housing Trust Fund after the Business, Housing & Zoning Committee’s affirmative vote at its ...
    11/21/2024 - 1:53 pm | View Link
  • Minnesota Indian Women’s Resource Center starts construction on affordable housing in Minneapolis
    The $14.1 million dollar project will include renovating the building's top two floors and converting the space into 24 permanent supportive housing units, four of which will have accessibility ...
    11/21/2024 - 6:33 am | View Link
  • Conor Sen: To get the housing market moving, raise property taxes
    Young American families chasing the dream of homeownership have found conditions increasingly difficult in recent years, with affordability challenges spreading from always-expensive cities such as ...
    11/20/2024 - 9:30 pm | View Link
  • A lack of affordable housing plagues Minnesota. Now you can do something about it.
    Minneapolis ... housing is unaffordable to half of the state’s renters, the worst rate in the past decade. After a press conference Monday, Paul Williams, the president and CEO of Project for Pride in ...
    11/18/2024 - 5:13 pm | View Link
  • Met Council Invests $5.5 Million in Twin Cities for Affordable Housing and Job Growth Along Transit Routes
    The Met Council grants $5.5 million for local developments to support affordable housing and job creation near transit routes in the Twin Cities.
    11/15/2024 - 7:28 am | View Link
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