Affordable Housing Trust Fund
Coverage of Affordable Housing Trust Fund in the Nexus archive.
- As Va. officials weigh data center pushback, report details industry’s public service funding
Affordable Housing Trust Funds in Henrico County were made possible by data center tax revenue, helping first-time homebuyers secure down payments. Concurrently, Loudoun County has leveraged ballooning data center tax revenue over a decade to reduce property rates and boost public services. Virginia localities continue to funnel revenue from massive data center power demands towards public benefit.
- Minneapolis advances plan to relocate up to 685 Heritage Park residents after council member sounded the alarm
Minneapolis leaders advanced a $2.5 million proposal to relocate up to 685 Heritage Park residents due to unsafe living conditions. Heritage Park, a 440-unit mixed-income apartment complex, has over half its units vacant or unlivable, with 685 residents in 212 units. Council member Pearll Warren highlighted mold and disrepair, questioning why city action was delayed.