The challenge is statewide.
Minnesota’s housing costs are outpacing local incomes, and we simply haven’t built enough housing. No matter whether you live in Hallock, Austin or St. Paul, it’s hard to find an affordable place to live. As this video shows, the growth of our state’s economy depends on ensuring that good places to live are within the reach of our workforce.
The solutions are within reach.
Our state has a history of addressing its challenges with creativity and ingenuity. The housing community is likewise bringing its “A-game” to the challenge of ensuring that every Minnesotan has a place to call home, starting with building consensus and momentum around Minnesota’s Housing Task Force Goals and Recommendations:
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Commit to homes as a priority. Create a broader and stronger public commitment to the urgent need for more homes that are more affordable to more Minnesotans.
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Preserve the homes we have. Maintain the existing inventory of homes, especially those that are most affordable.
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Build more homes. Build 300,000 new homes by 2030, across all types, prices, and locations to stabilize prices and meet demand.
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Increase home stability. Expand rental assistance and protections to twice as many people at risk of losing their homes because of rent increases, evictions, and heavy cost burdens.
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Link homes and services. Build stronger links between where we live and the health/social services we may need to live stable lives.
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Support and strengthen homeownership. Create pathways to sustainable homeownership, with a focus on removing barriers for households of color.