Governor Tim Walz and Minnesota Housing Commissioner Jennifer Leimaile Ho announced $254 million in funding to create and preserve more than 2,665 homes throughout the state, including rental units and single-family homes.

The announcement outlined funding for 74 developments that support more than 5,025 jobs and will leverage additional private and local resources for more than $572 million in total development costs. Each of the projects announced was selected through a single common application process with funding from Minnesota Housing, Greater Minnesota Housing Fund and the Metropolitan Council.