Oshki-gakeyaa

2300 15th Avenue South, Minneapolis, MN

Project Type: Rehabilitation

DETAILS:


Project Stage: Construction


Size: 24 units


Original Construction Date: ca. 1950


Rehab Completion: 2025


Developer: Minnesota Indian Women's Resource Center


Project Cost: $15.1 million


Funding Sources: 9% LIHTC, State/City/County deferred funding, debt assumption


Landon Group role: Structure and secure financing, coordinate underwriting and closing, coordinate draws, project closeout

Oshki-gakeyaa, meaning “new direction,” is a substantial rehabilitation of the housing component of Minnesota Indian Women’s Resource Center’s (MIWRC) work. The current 14 units of housing, which are in disrepair, not ADA-compliant, and not sufficient to serve the families who live in them, will be converted into 24 units of fully supportive housing for both High Priority Homeless and People with Disabilities individuals and households. Ten Section 8 project-based were awarded to the project. Due to the unit reconfiguration, existing tenants were all successfully relocated to appropriate housing for their families.

MIWRC has been a positive presence for the surrounding community of East Phillips, specifically Native American individuals and families, since 1984. Through its rehabilitation, MIWRC will be able to better serve more households, continuing its decades-long mission of service and support to help those most impacted by social inequity achieve and maintain housing stability.