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Aeon aims to triple output of affordable rentals

via Finance & Commerce

Aeon is thinking big when it comes to building affordable housing in the Twin Cities.

The Minneapolis-based nonprofit developer said Tuesday it wants to triple its annual output of new affordable housing units to help meet the area’s growing need for modestly priced places to live.

‘Aeon has to find creative solutions because, if we don’t, poor people are going to continue to be squeezed out of the basic human right of a place to live and call home,’ Behrens said.”

Current projects include UrbanWorks’ 54-unit Ramsey Apartments. Read More