1925 Nicollet Avenue
Minneapolis, MN 55403
In recent years, the Stevens Square-Loring Heights neighborhood has experienced significant changes in its housing stock. Several new construction projects both within the neighborhood and on its borders have brought hundreds of new condominium units to the area. Some rental apartment buildings have also converted to condominiums. We estimate that 87% of the neighborhood’s housing stock is in rental apartment units today, compared to more than 90% several years ago.
Stevens Square Community Organization is supportive of changes that bring more homeownership opportunities to the neighborhood, and desire that the neighborhood continue to be a place that is home to a diversity of people. SSCO has a particular interest in seeing that perpetually affordable homeownership opportunities exist, and has created a fund for the development of owner-occupied housing that serves people who cannot otherwise afford to purchase a market-rate unit in the neighborhood.