Federal Reserve Bank of Minneapolis - Housing Articles: 'Ninth District Apartment Construction Expected to Slow as Fewer New Projects are Permitted'
January 28, 2025
January 28, 2025
MINNEAPOLIS, Minnesota, Jan. 28 -- The Federal Reserve Bank of Minneapolis issued the following article on Jan. 6, 2025, by Tu-Uyen Tran entitled "Ninth District apartment construction expected to slow as fewer new projects are permitted."
Here are excerpts:
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Despite strong demand for rental housing in the Twin Cities, real estate developer Leanna Stefaniak said her firm has slowed down plans for new apartments.
The main obstacle . . .
Here are excerpts:
* * *
Despite strong demand for rental housing in the Twin Cities, real estate developer Leanna Stefaniak said her firm has slowed down plans for new apartments.
The main obstacle . . .