Village on Rivoli

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $7,200,000

IMPACT

  • 31 construction jobs

Investor

Project Description

Housing Project in Dayton’s Bluff neighborhood. Dayton’s Bluff Neighborhood Housing Services. A $7 million allocation will enable infrastructure on 32 lots and will rehab and construct 15 homes with 80% reserved for low-income buyers.

MAP

Address: 660 North Rivoli Street, Saint Paul, MN 55130

Census Tract: 27123033000

Other Minnesota Projects

The project consisted of the refinance and acquisition of land, which KAB Properties purchased from the City of Owatonna in February 2023, and finance building construction costs for an approximately

Rehabilitation of a building for the development of a mixed-use project to include medical respite, transitional housing, healthcare, and social services for the homeless.
A new 75,000 sq. ft. four-story office space in downtown St. Cloud.
Elderly with a clinic, an adult daycare, a fitness center and office space for social service provider