Ramsey County approves $14.4 million for affordable housing infrastructure

The Ramsey County Board of Commissioners approved $14.4 million in funding on June 6, 2023, for eight affordable housing development projects. The investment comes from American Rescue Plan Act (ARPA) dollars, which satisfies the county’s commitment to obligate the full amount of its dedicated ARPA funds, $37 million, into deeply affordable housing infrastructure.
The newly awarded ARPA projects bring the total amount of approved funding to $37 million. This matches previous action by the county board to invest in deeply affordable housing for individuals and families with household incomes less than 30% Area Median Income.
The city of St. Paul partnered with this effort – fully obligating an equal $37 million into deeply affordable housing infrastructure. This will ultimately infuse more than $74 million of federal funding for housing into local communities.
Projects awarded ARPA funding by Ramsey County in the last two years are expected to add 406 new deeply affordable rental units to the current housing supply, helping bridge the gap to affordable housing for residents. ARPA investments will have contributed to more than 956 new or preserved affordable housing units for low-to-moderate-income renters.
To learn more about Ramsey County’s affordable housing investments visit: ramseycounty.us/AffordableHousing.