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Minneapolis breaks ground on 95-unit affordable housing project

More apartments are coming to Minneapolis, and top leaders say they can't come fast enough. 

Developers broke ground Friday on a $35 million project on the city's southeast side. It used to be a storage site for Minneapolis public works, but in less than a year, they'll be leasing out 95 apartments, all considered to be affordable housing.

"One of the things we hear all the time as funders is, 'We need more family housing,'" Hennepin County Commissioner Angela Conley said at the groundbreaking. "This truly is a diverse range of residents that will be living in this space."

It's just the latest project to add housing in Minneapolis. The new site will be called "Snelling Yards."

"We want more people to be able to live and age in grace in a great city. Minneapolis is a special place and the more affordable units we provide the more people that are able to live here," said Minneapolis Mayor Jacob Frey.

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City of Minneapolis

The Minnesota Housing Partnership told lawmakers last spring that there's a shortage of 100,000 homes statewide when it comes to affordable housing. The Twin Cities Housing Alliance says that locally, the city needs to add about 18,000 units each year to stay on track.

Studio apartments will start at $700, one-bedroom units will start at $1,200 and $1,400 for two-bedroom units.

Developers said they hope to have people moving in by next September.

Officials said Hennepin County is chipping in over $1 million for the project.

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