Tingerthal announces federal appointment, Board approves final Affordable Housing Plan
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- Created: Wednesday, 07 October 2015 14:08
At the start of the September MN Housing Board Meeting, Commissioner Tingerthal announced she has been appointed to the Federal Reserve Board of Governors’ Consumer Advisory Council. She represents one of 15 people nationally recruited to provide advice to the Fed on the impact of its policies on various types of consumers. Tingerthal also announced that Paula Beck, the general counsel, was leaving the Agency to work for Sherman Associates; Tingerthal asked the board for attorney recommendations to fill that post.
Read more: Tingerthal announces federal appointment, Board approves final Affordable Housing Plan
For more than 45 years those hoping to understand the full effect of the 1968 Fair Housing Act were in a fog. While the Act required HUD and other federal agencies to pro-actively further fair housing choice through housing and urban development programs, regulations clarifying what this meant and guiding how this should be accomplished were never developed.
Our 2015 County Profiles point to trouble for renters all across Minnesota. Rents have risen and affordable rental units are in very short supply for those who need them. This year's profiles for each of Minnesota's 87 counties include data not just on housing cost burden, but also on new units permitted for construction, projected needs for seniors, and affordability for top jobs-in-demand. The profiles show there is unmet need in all counties, and that Greater Minnesota counties have seen the sharpest increases in rents since 2000.