This Red Wing, Minnesota duplex is an example of how local housing trust fund investments can be utilized to create affordable options that suit the local community. One apartment is affordable at 80% AMI and one apartment is market rate.
Red Wing, Minnesota, a town with less than 20,000 people, has created a housing trust fund in order to address the need for safe, affordable homes in rural communities. The Red Wing Housing and Redevelopment Authority (HRA) receives property tax levy funds and City Council approved their request to increase the levy amount and will allocate $96,842 of tax levy funds to the Affordable Housing Trust Fund.
Red Wing HRA plans to use the funds to increase workforce affordable housing and to rehabilitate space in second and third story buildings downtown, creating more livable opportunities. Click here to learn more about the Red Wing HRA Housing Trust Fund.
Randal Hemmerlin, Red Wing Housing and Redevelopment Authority.
Red Wing Housing and Redevelopment Authority
428 West Fifth Street
Red Wing, MN 55066
Telephone (651) 388-7571