15th Street Flats

Willmar housing project clears a final hurdle

February 23, 2018

Willmar housing project clears a final hurdle
WILLMAR—With the approval Tuesday night of a tax increment financing district, the 15th Street Flats apartment project in Willmar has cleared one of its last hurdles and is now on schedule to begin construction in June. “The city and the EDC have been working with Commonwealth Development for approximately a year to bring this project to the table, to fruition,” said Bruce Peterson, Planning and Development director. The resolution creating the district was approved by the Willmar City

15th Street Flats clears major hurdle

October 21, 2017

15th Street Flats clears major hurdle
WILLMAR—The potential workforce housing development planned for Willmar, called 15th Street Flats, has conquered a major hurdle this week, as the Minnesota Housing Finance Agency approved approximately $8 million in tax credits and $1,259,000 in Minnesota Housing investment. “I am really happy. This is significant,” said Aaron Backman, executive director of the Kandiyohi County and City of Willmar Economic Development Commission. According to Minnesota Housing, the tax credits are dollar-for-dollar