22.11.05

mpls: Issue of the Month is Condo Conversions

Check this article out in the Southwest Journal:

Southwest has been the hotbed of Minneapolis conversions. According to Housing Link, since 2000, Southwest wards 6, 10 and 13 have lost 1,041 units affordable to people making half the metro median - 77 percent of the 1,350 lost citywide. (All but one of the 6th Ward conversions was west of I-35W.)

Add to that more than half of the 256 units lost in partial-Southwest wards 7, 8 and 11, and the area accounts for the vast majority of the lost affordability advocates claim.

1 comment:

lisa said...

Great article you have shared. Thanks for the read.

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