Is ‘Heritage Park fatigue’ causing City leaders to neglect the historic project? Or is a land grab underway?
By Charles Hallman
The Minneapolis City Council recently voted to begin foreclosure proceedings against properties in North Minneapolis’ Heritage Park, once billed as the most ambitious housing start-up in city history. A Black developer formerly praised by City officials for his investment in the project now worries that his losses may become someone else’s gain and the Black community will be the poorer for it. Minneapolis Community Planning and Economic Development Senior Project Coordinator Matt Goldstein said that the City’s action, which took place December 16, involves two loans totaling an estimated $2 million owed by Heritage Housing, LLC. “The foreclosure is only [about] those two loans,” he noted. Continue Reading →