Minnesota SF2503 appropriates $5,000,000 for workforce housing in St. Cloud.
Minnesota SF2503 allocates $5,000,000 from the general fund for the Iskufilan Village Workforce Housing Development in St. Cloud. The funds are intended for the construction of 70 residential units, with at least 10% designated for affordable housing for low-income families and the remainder for middle-income families. The Center for African Immigrants and Refugees Organization (CAIRO) will oversee the project, ensuring energy-efficient, family-friendly designs. The Minnesota Housing Finance Agency will supervise funding and compliance with housing guidelines.
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