A New Life for Old Buildings
Building, Preserving Affordable Housing for Generations
The need for quality affordable housing is growing. A recent study shows minimum-wage workers need to work at least 68 hours a week to afford a market-rate one-bedroom apartment. While costs are increasing, units are scarce: Minnesota only has enough affordable housing for less than 50% of those who qualify.
PPL is addressing this need by creating opportunities for homeownership and by providing quality rental housing throughout the Twin Cities. We’re not only building new developments like the Hamline Station Apartments on the Green Line in St. Paul, we’re preserving existing units for generations to come.
PPL is nearing completion on renovations of 51 units at 10 housing sites throughout south Minneapolis, some built as early as 1892. Updates meet or exceed Green Communities environmental standards, including replaced roofing, windows, and flooring as well as updated appliances and mechanical systems to increase efficiencies and improve air quality. Collectively, these units can provide stable housing for over 200 residents.
Julieann has lived in her PPL apartment for three years and is excited about the improvements. “I love everything about the renovations: I love the ceiling fan, I love the floors, and I love the new kitchen.”