MINNEAPOLIS, MN – U.S. Senator Amy Klobuchar (D-MN) released the statement below following the Opportunity Crossing affordable housing complex’s groundbreaking located near the corner of Nicollet Avenue and Lake Street in Minneapolis. The complex received significant federal investment through the Low Income Housing Tax Credits (LIHTC) program. LIHTC is a federal program providing tax credits to developers who build new housing for low-income renters. The complex received funding from the Department of the Treasury and the Department of Energy. 

“Minnesota families should have access to safe, affordable homes,” said Klobuchar. “The groundbreaking on this complex is an exciting milestone for Lake Street and will deliver much needed affordable housing to the community. We need to build more housing like Opportunity Crossing to improve affordable and energy-efficient options in our state, which is why I’ll continue working to secure federal resources for affordable housing developments.”

 

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