Commonwealth Development Corporation

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