AUSTIN, Minn. – On Monday, the Austin City Council approved plans for the financing and development of an apartment complex. The goal is to provide more affordable housing to the city. The complex will be a 40-unit building costing around 16 million dollars. Rent will be based on income levels in the city, allowing rates to be more affordable. Construction for the building is expected to start by the end of the month. The city hopes to begin leasing the apartments out by late 2024.
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