Second Ward, Minneapolis

This is a public policy forum that was established in 2006 by Minneapolis Second Ward (Green) City Council Member Cam Gordon and his policy aide Robin Garwood to share what they were working on and what life in City Hall was like. After serving 4 terms Cam lost his relection in 2021 but has continued to be involved in local politics and to use this forum to report and share his perspective on public policy. Please feel free to comment on posts, within certain ground rules.

Monday, March 02, 2009

City Commits to Homebuyer Incentive Program

I learned today that the City's Community Planning and Economic Development has fully committed $50,000 to our portion of the University District Partnership Alliance's Homebuyer Incentive Program. This program will offer $10,000 in down payment assistance to people seeking to buy and homestead properties in one of the University District neighborhoods: Cedar Riverside, Southeast Como, Prospect Park, the West Bank and Marcy Holmes.



This was one of my major goals for the City's participation in the Alliance, and I am glad to have been able help the City match the amounts contributed by the University and the state legislature through the Alliance. I'm optimistic that this investment will not only help us increase the home ownership rate in the U District, but also send a signal that the City is dedicated to preserving the character of the U District neighborhoods.

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