The particular building that burned in the photo was to be all low income or very low income rent controlled, 189 units, open later this year. The developer I'm sure did it because of deals with the city regarding their other, trendier, more expensive developments, but the entire building in this case was for low income residents. I'm guessing it was in part of a response to some homeless encampments that we had here in the summer. https://m.startribune.com/minneapolis-v ... 570836742/
Here's about the units from before they broke ground on them https://www.bizjournals.com/twincities/ ... -lake.html
Oh actually
>Despite the affordable rent prices, Wellington isn't seeking tax credits to finance the construction.