Financed 105 sustainable, green, new construction homes in North Minneapolis Program started in 2012 Most affordable new construction home opportunities.

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Presentation transcript:

Financed 105 sustainable, green, new construction homes in North Minneapolis Program started in 2012 Most affordable new construction home opportunities in the City of Minneapolis, average sale price of $184,000 compared to average sale price in City of $566,000 Program design built developer capacity to meet green certification requirements 49 homes sold to date, 56 under construction Households served primarily represent underserved populations in region: 61% households of color Average household income $48,700, which is 56% of area median income

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