Mille Lacs Corporate Ventures named Project Team of the Year

We recently recognized client Superheroes at our 18th Annual Travois Conference! Since 2015, we’ve honored industry professionals doing amazing work in their communities. This year’s conference and awards luncheon was held in Marina del Rey, CA.

Mille Lacs Corporate Ventures (MLCV) was named Project Team of the Year!

The team displayed much persistence and perseverance to bring their visionary concept to fruition. Lady Luck Estates, a 28-unit townhome development, closed last fall and is currently under construction with the first units to be placed in service later this year.

“We are proud to be recognized as the project team of the year,” said Dustin Goslin, economic development director for Mille Lacs Corporate Ventures. “This project ensures working people and families have a place to call home in the Hinckley community for years to come. We look forward to continuing our work in investing and implementing affordable housing in other areas of the state.”

As part of its community development plan, MLCV set out to provide affordable, quality housing in the areas in which they do business. To help make that plan a reality, the company used Low Income Housing Tax Credits (LIHTC) as a way to finance the construction of affordable housing, Lady Luck Estates, in Hinckley, MN — a community where much of the workforce was commuting 45 to 60 minutes daily due to the lack of quality, affordable housing options nearby.

Once complete, the development will bring a valuable housing resource to an underserved area of the state.

I was honored to present the Project Team of the Year award to Joseph Nayquonabe, CEO; Dustin Goslin, economic development director; Michael Beattie, general counsel; and Zachary Atherton-Ely, associate general counsel, of Mille Lacs Corporate Ventures.

Congratulations on this award, and we look forward to seeing the completed homes!

 

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