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On July 1, the Cook County/Grand Marais Joint Economic Development Authority (EDA) announced immediate availability of the much-anticipated Comprehensive Housing Needs Analysis for Cook County, Minnesota. “We all know Cook County has a housing shortage, now we have comprehensive data and analytics to develop targeted housing solutions, finance projects, and build homes.” said EDA Commissioner, Stephen Surbaugh.
A Resource for Cook County The EDA hopes local organizations will benefit from the information. The EDA hopes the new Housing Redevelopment Authority will be able to utilize the information to find momentum. Also, local government entities, non-profits, and business owners throughout the county can utilize the study’s data and analytics to build housing solutions. “The data clearly demonstrates the critical need we have for housing and convincingly supports funding requests,” said EDA Director Beth Drost.
The 2022 study updates the 2015 Cook County Workforce Housing Study commissioned by the EDA and Northspan. As the name implies, the study targeted workforce housing, Cook County’s number one need. The new comprehensive study addresses gaps in the previous needs analysis, such as data for low income, homeless, and senior housing. The newest study analyses the rapid growth and rising demand for housing in the county that we have seen in the last five years. The Comprehensive Housing Needs Analysis for Cook County, Minnesota is available at the EDA office and for immediate download at www.prosperitynorth.com/housing.
The Cook County/ Grand Marais Joint Economic Development Authority is a public body of Cook County and the City of Grand Marais and is the county-wide source for business startup, development, and support. The EDA offers programs designed to help businesses succeed and grow.
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