- Created: Thursday, 02 June 2016 11:46
- Written by Carolyn Szczepanski
By Jeremy Schroeder, MHP Policy Director
The looming threat of housing projects failing. The continued loss of affordable units. The prospect of missing out on federal money. And the upcoming elections in November.
When the Minnesota state legislature convened on a cold afternoon in March, we hoped all those pressing factors would compel elected officials to act. But, as the weeks rushed by, our hopes for a productive session faded.
As part of the Homes for All campaign, the Minnesota Housing Partnership supported $130 million dollars in bonds for housing, specifically $110 million in housing infrastructure bonds and $20 million in general obligation bonds. These bonds would support home ownership as well as preservation of existing homes. The bill would also expand the eligible uses for these fund to include senior housing.
Unfortunately, after a flurry of last-minute confusion and chaotic deal-brokering, the legislature adjourned without passing a bonding bill. Still, by advocacy standards, the Minnesota Housing Partnership had a great year.