Important note: Information in this article was accurate in 2003. The state of the art may have changed since the publication date.
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Star Tribune (12.27.03) - Wednesday, December 31, 2003
Jim Buchta
The collaboration between the two nonprofits reflects a growing trend: As the number of people waiting for public housing grows, and the supply of housing for which they are eligible dwindles, more nonprofits are becoming housing developers to meet their clients' needs. Studies show that at least 60 percent of all people with HIV/AIDS will have trouble finding affordable housing, according to Lee Lewis, executive director of Clare Housing.
The St. Anthony East Neighborhood Association had solicited proposals for the site, hoping to attract a mixed-use project including affordable and market-rate housing mixed with retail space. The only response was from Clare Housing, which chose the site because it is close to downtown Minneapolis, near medical services, and on a bus line.
Clare's initial proposal called for more than 100 apartments, but the neighborhood association rejected that plan because it wanted more home ownership in the area. Clare decided to partner with CCHT, which will establish a land trust model - owners will own their dwellings but lease the land from CCHT - to lower the cost of the townhouses. The goal is to sell the units for $140,000-$190,000 for 1,300 square feet. Of the 30 apartments, 28 will have Section 8 rental assistance funding. These residents will pay no more than 30 percent of their income in rent. Ten of the 30 units will be reserved for homeless people with HIV.
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