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Housing News Fall 2005
New
Foundations, PPL and residents of Crestview Community co-host a grand
opening celebration to mark the Community’s housing expansion from
31 to 44 units.
Crestview Community provides safe, affordable housing for adults
in recovery who have faced homelessness, and their children. It is located
in three neighboring apartment buildings in St. Paul. Ten new units were
added to Crestview, and three were created through renovation of the existing
space.
At Crestview, children reunite with parents, and each child gets support
and nurturing to enhance emotional and physical health, succeed in school,
develop friendships, connect with the community, and believe in the future.
Forty-four families currently live in Crestview, including 80 children.
Most of the families are headed by single-parent mothers, two by fathers;
the parents of five families are re-uniting.
The expansion builds on the success of a partnership formed in 1998, when
PPL and New Foundations combined efforts in order to provide residents
with both affordable housing and the support services they need to sustain
recovery, improve their educational and employment opportunities, strengthen
their families, and build community.
PPL developed the buildings and manages the properties. New Foundations
provides on-site services to help adults achieve education and employment
goals, strengthen families, build relationships, and contribute to the
community.
New Foundations, Inc., is a local non-profit organization that provides
affordable housing and comprehensive on-site support services to homeless
adults in recovery and their children. Breaking ground on “Phase
Two” of a neighborhood revitalization effort.
Breaking
ground on “Phase Two” of a neighborhood revitalization
effort.
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Overview:
Housing & Development projects
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| A full block of new homes and new investment in Jordan
neighborhood. |
Completed: |
PPL is moving ahead on building 14 new
homes on a single block in Jordan neighborhood in north Minneapolis.Once
the location of Lowell Elementary School, the site is a two-acre parcel
that has been standing vacant for more than 10 years. The block has
been newly named Lowell Curve and project completion is expected by
year-end 2006.
This is the second phase of a neighborhood revitalization effort begun
in 2003, when PPL and Twin Cities Habitat for Humanity built 17 new
homes on scattered sites in the area.
Homes will vary in size from 1,000 to 1,600 finished square feet,
with two to five bedrooms. The prices range from $171,500-221,000.
In many cases, assistance is available to help buyers afford the homes.
PPL is the developer; sponsors include Builder’s Outreach Foundation,
Family Housing Fund, Franklin Bank, Hennepin County, Metropolitan
Council, the City of Minneapolis, and Minnesota Housing Finance Agency.
Marketing has already begun through Sandy Greene Realty. |
Crestview Apartments (St. Paul) 44 units supportive
housing and office space |
| Nicollet Circle (Bloomington) 7 units: affordable
ownership |
| Under Construction: |
| Linden Park Apartments (New Hope) 35 units: affordable
rental |
| Elliot Park Commons (Minneapolis) 25 units: affordable
rental preserved |
Double Flats (Minneapolis) 11 units: affordable
rental
preserved |
| Lowell Curve (Minneapolis) 14 units: affordable
and market rate ownership |
Emma B. Howe Learning Center
(Minneapolis) Space for PPL’s job training programs |
| Scheduled for 2006: |
Louisiana Court stabilization
(St. Louis Park) 128 units: affordable rental
and supportive housing |
Midtown Exchange Condos
at the Greenway (Minneapolis) 57units: affordable and
market rate ownership |
| Linden Place Condos (New Hope) 41 units: affordable
ownership |
| Camden Apartments (Minneapolis) 23 units: supportive
housing |
| Redeemer Lutheran (Minneapolis) 4 units: affordable
ownership |
Breaking
ground on “Phase Two” of a neighborhood revitalization effort.
A full
block of new homes and new investment in Jordan neighborhood.
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