2115 Snelling Avenue, Minneapolis, MN
Project Type: New Construction
DETAILS:
Project Stage: Underwriting and closing
Size: 39 affordable rental units
Year Constructed: 2025
Developer: Seward Redesign Inc. and Noor Development (Minneapolis, MN)
Project Cost: $26.8 million
Funding Sources: 9% LIHTC, State/City/County deferred, Met Council, MN Housing mortgage
Landon Group role: Secure financing, coordinate closing, coordinate draws, project closeout
Wadaag Commons will bring 39 units of highly affordable rental housing to South Minneapolis.
