 Minneapolis is the largest city in Minnesota, United States, and the county seat of Hennepin County. It adjoins Saint Paul, the state's capital and second-largest city. Together they form the core of the Twin Cities metropolitan area, the 16th-largest agglomeration in the country (and roughly 65th-largest in the world), with about 3,500,000 residents.
Minneapolis is recognized by the Globalization and World Cities Study Group & Network as a world-class city. (Information provided by Wikipedia .)
If you are looking at visiting, Minneapolis certainly offers the best to its visitors.
Whether you are looking at relocating, visiting this awesome city, or enjoying your community, Connecting Minneapolis is here to aid in locating all the area has to offer! |
|
Read more...
|
|
|
Minneapolis receives $19.5 million in Recovery funds for foreclosure help |
Jan. 14, 2009
Minneapolis receives $19.5 million in Recovery funds for foreclosure help
The City of Minneapolis has been awarded $19.5 million in Neighborhood Stabilization Program (NSP) funds from the U.S. Department of Housing and Urban Development (HUD) to acquire and redevelop foreclosed properties in areas hardest hit by mortgage foreclosure. The funds are authorized under the American Recovery and Reinvestment Act of 2009 and provide grants to states, local governments, nonprofits and a consortium of nonprofit entities on a competitive basis.
The City submitted an application for funding with the City of Brooklyn Park and Hennepin County. The aid will also help their efforts to stabilize and rebuild communities. Saint Paul was the only other city in the state to receive funding.
The innovative consortium application stems from the work under a national pilot with the National Community Stabilization Trust (NCST), “First Look”, coupled with a robust nonprofit development community that assists in rebuilding neighborhoods. Additionally, the Twin Cities Community Land Bank, a newly organized nonprofit, was established to assemble, manage and dispose of property for the purpose of stabilizing neighborhoods.
Minneapolis is allowed to use the funds to purchase and rehabilitate homes and residential properties that have been abandoned or foreclosed, and to purchase and demolish properties to hold the vacant land for future redevelopment in order to stabilize neighborhoods impacted by foreclosures. Funding can also be used to establish financing programs for homeowners or developers to purchase foreclosed residential properties. The spending plan will be approved by the City Council in February.
|
|
Read more...
|
|
|
Proposed 2010 budget focuses on jobs |
|
Aug. 13, 2009
Mayor Rybak’s proposed 2010 budget focuses on jobs
In his annual Budget Address Aug. 13, Minneapolis Mayor R.T. Rybak unveiled a proposed City budget for 2010 that focuses on jobs, while preserving public safety gains and continuing to invest in infrastructure.
Among the priorities in the Mayor’s budget is funding to help businesses grow and help people find work. It includes expanding a program that offers low interest loans and financing tools to small businesses, and $1.2 million to help more people find and get jobs through the City’s Workforce Centers.
Minneapolis is facing a number of serious fiscal challenges that affect the City’s bottom line. This includes State cuts to Minneapolis of more than $40 million during 2009-2010 and escalating health care and pension costs. In 2010, the City will spend $48 million on employee health care and $25 million in pension obligations, which will climb to $52 million by 2014.
To balance the budget, the Mayor’s proposal includes a mix of budget cuts, reforms and a new revenue policy.
Cuts to spending – Mayor Rybak proposed a total of $24 million in cuts to the City’s $371 million general fund. Every city department’s budget would be cut, with the largest departments (police, fire, and public works) seeing the smallest cuts.
|
|
Read more...
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
| Results 1 - 4 of 48 |
