New Affordable Housing Taking Shape in Northeast Minneapolis
Posted Under: News
Located in the vibrant Northeast Minneapolis community at 900 14th Avenue NE, Timber & Tie is Schafer Richardson’s third affordable housing project. The development will provide 175-units to the market in the fall of 2021. Of the 175 units, 150 units will be rent restricted for households earning at or below 60% of the Area Median Income. The remaining 25 units will be reserved for project-based housing vouchers. The unit mix will consist of studio, one, two, three, and four-bedroom units.
Included in the development is a public art gallery and an industrially oriented makerspace. Residential amenities include a fitness center, outdoor playground, package notification and storage system, bike storage, community rooms, and on-site management.
Timber & Tie is anticipated to be complete in September 2021.
For further information on Timber & Tie, please contact Trevor Martinez at tmartinez@sr-re.com.