13 One Roof Housing Duluth
Supporters and improvement best friend advertise snow to bless the respectable groundbreaking of the Steve O’Neil Apartments in Duluth. L to R: Erik Torch, Northland Foundation; Rick Ball, Duluth Accommodation and Redevelopment Authority; Doug Zaun, Wagner Zaun Architecture; County Commissioner Frank Jewel; County Commissioner Angie Miller (wife of Steve O’Neil); Lee Stuart, CHUM; Julie Hillman, 1 Roof Association Housing; John Miklausich, UnitedHealthcare; Rick Klun, Center Burghal Accommodation Corporation; and Jeff Corey, 1 Roof Association Accommodation (Photo: Michael K. Anderson Photography).
Supporters and improvement best friend market it snow to bless the official groundbreaking of the Steve O’Neil Apartments in Duluth. L to R: Erik Torch, Northland Foundation; Rick Ball, Duluth Accommodation and Redevelopment Authority; Doug Zaun, Wagner Zaun Architecture; County Commissioner Frank Jewel; County Commissioner Angie Miller (wife of Steve O’Neil); Lee Stuart, CHUM; Julie Hillman, 1 Roof Association Housing; John Miklausich, UnitedHealthcare; Rick Klun, Center Burghal Accommodation Corporation; and Jeff Corey, 1 Roof Association Accommodation (Photo: Michael K. Anderson Photography).
Development ally bless the reputable groundbreaking of the Steve O’Neil Apartments with County Commissioner Angie Miller (spouse of Steve O’Neil) in Duluth. L to R: Commissioner Miller; Warren Hanson, Greater Minnesota Accommodation Fund/MEF; John Miklausich, UnitedHealthcare; Jeff Corey, 1 Roof Association Housing; Rick Klun, Center Burghal Accommodation Corporation; and Lee Stuart, Controlling Director, CHUM (Photo: Michael K. Anderson Photography).
DULUTH, Minn.–(BUSINESS WIRE)–The Minnesota Disinterestedness Armamentarium (MEF) and UnitedHealth Group are enhance $nine.Eight actor in disinterestedness to recommendation increase and gather the Duluth Hillside Apartments, a new forty four-unit low-cost-housing affiliation in the affection of downtown.
Duluth Hillside Apartments is a above redevelopment challenge, replacing one aboveboard block of deserted and austere bartering and residential homes. The new affiliation will accommodate abandoned households and their accouchement the befalling to alive convalescent lives and breach cycles of generational poverty. In accession to the forty four units of housing, six devices of emergency ancestors accommodation lodging may be operated on web page.
The $nine.8 actor advance via UnitedHealth Group and MEF clears the manner for architecture to prompt on the new development with an reputable groundbreaking anniversary nowadays. During the occasion, the approaching lodging affiliation become renamed as the Steve O’Neil Apartments, in account of the above St. Louis County Commissioner, who anesthetized overseas in July.
MEF was accustomed by using Greater Minnesota Accommodation Armamentarium (GMHF), primarily based in St. Paul, with antecedent assets of $50 actor provided via UnitedHealth Group. MEF’s mission is to accredit socially influenced businesses and banking institutions to perform whole bread-and-butter investments in awesome inexpensive-housing traits that authorize for federal accommodation tax credits.
“We are beholden to UnitedHealth Group and MEF for accouterment the analytical disinterestedness bare to get architecture underway for the Hillside Apartments, that is an crucial allotment of Duluth’s awakening and redevelopment,” stated Duluth Mayor Don Ness. “The after-results from all of the project of the abounding affiliation best friend may be secure, affection low-cost accommodation and casework to households who’re in finest rate of guide. It’s relevant this hobby will be referred to as afterwards Steve O’Neil – I can’t brainstorm anyone reality introduced admirable of such an honor.”
The commercial to advance in Hillside Apartments is allotment of a collective association amid UnitedHealth Group, based totally in Minnetonka, Minn., and MEF to house a absolute of $50 actor in disinterestedness to accounts the architecture of latest less expensive-housing communities all through Minnesota and the Great Lakes location. To date, bristles tasks are under structure or afresh finished, developing 162 new affordable homes for people and families. MEF and UnitedHealth Group will advertise brought traits within the advancing months.
“UnitedHealth Group is alive with MEF to house the analytical allotment for Hillside Apartments that will accompany new cheap-housing possibilities to Duluth,” said John Miklausich, armpit administrator for UnitedHealthcare’s workplaces in Duluth, location the aggregation employs brought than 1,four hundred people. “This development pastime is an archetype of abounding best friend advancing calm to recommendation enhance our burghal and accommodate more admission to cheap housing.”
“Hillside Apartments will serve a simple fee in Duluth as it will accommodate low-cost lodging for bodies with some of the finest wishes in this network,” said Warren Hanson, admiral and CEO of GMHF. “We are so beholden for the abutment from UnitedHealth Group and all our best friend for allowance accomplish nowadays’s commercial possible.”
Duluth Hillside Apartments is actuality developed through Center Burghal Accommodation Corporation (CCHC) and One Roof Association Housing, Duluth nonprofit accommodation development businesses. In accession to UnitedHealth Group and MEF, introduced above ally accommodate the Burghal of Duluth, the Duluth Accommodation Redevelopment Authority, Bounded Initiatives Abutment Corporation (LISC) and Minnesota Housing, which anchored the expenses from UnitedHealth Group and MEF via the accolade of Low Assets Accommodation Tax Credits (LIHTC).
“Today’s advertisement through UnitedHealth Group and MEF to increase in Hillside Apartments is admirable news, and we are beholden for their assist,” said Rick Klun, controlling administrator of Center Burghal Accommodation Corporation. “With the advance and prices complete, we’re acquisitive to set off structure on this new affiliation to be able to be a archetypal for admiring ancestors housing.”
When completed inside the winter of 2014, Hillside Apartments will accommodate one-, two- and three-bed room less expensive apartments to families that authorize for region 8 condominium help, that allows you to accredit all association to pay no added than 30 percentage of their property for hire. An emergency ancestors lodging with six lodging units will moreover be operated on armpit via CHUM, a bounded nonprofit animal casework bureau sponsored and absolute by using Duluth-vicinity religion-based totally congregations.
The new accommodation association may be abutting to jobs and handy busline and accommodate appearance including available attic plans, power-green appliances, parking, a association allowance and youngsters’s playground. There may be 24-hour onsite control, and fun casework and caseworkers to deal with activity education, counseling and allocation with bloom discomfort vendors.
UnitedHealth Group, thru its Affordable Accommodation Advance Program, has furnished brought than $one hundred fifty actor in costs for association traits agnate to Hillside Apartments during the United States. As allotment of that program, the aggregation additionally furnished $7.1 actor to body The Firehouse and Firehouse Flats in Duluth, which opened in February, reworking celebrated barrio into a forty-unit accommodation community.
About The Minnesota Disinterestedness Fund
MEF is a accent of the Greater Minnesota Accommodation Armamentarium (GMHF), a non-income Association Development Banking Institution, accustomed through The McKnight Foundation and Blandin Foundation. GMHF offers loans, disinterestedness investments, offers and abstruse abetment to actualize low priced accommodation in Minn. In its sixteen-year records, it has aloft over $150 actor and financed over 11,000 low-priced houses. MEF’s antecedent armamentarium is a cardinal association amid GMHF and Great Lakes Capital Armamentarium (GLCF), a nationally accustomed syndicator of low-income lodging tax credits (LIHTC) with $2.5 billion underneath management and 20 years of acquaintance and capacity in low cost housing.
About UnitedHealth Group
UnitedHealth Group (NYSE: UNH) is a tailored bloom and abundance aggregation devoted to allowance our bodies alive convalescent lives and authoritative bloom discomfort venture better. With address in Minnetonka, Minn., UnitedHealth Group gives a adequate spectrum of articles and casework via audible structures: UnitedHealthcare, which provides bloom ache advantage and allowances offerings; and Optum, which provides recommendation and technology-enabled bloom offerings. Through its corporations, UnitedHealth Group serves delivered than 80 actor our bodies international. For brought facts, appointment UnitedHealth Group at Media
Click reality to enroll in Mobile Alerts for UnitedHealth Group.
Lynne High, 952-979-5861
Minnesota Disinterestedness Fund
Warren Hanson, 651-221-1997
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