MHP Connect

MHP's New County Profiles Show Pervasive Lack of Affordable Rental Housing

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Created: Thursday, 06 September 2012 11:57

MHP's 2012 County Profiles, released earlier this week, contain some startling facts when it comes to housing in Minnesota. The profiles find:

• • • • 94% of Minnesota’s 87 counties lack sufficient affordable rental housing for extremely low income residents.
      • The average food preparation or retail sales worker will fall more than $10,000 short of being able to afford decent, safe housing along with other basic needs.
      • 18% of Minnesotans owe more on their mortgage than what their home is worth, and 71 (or 82%) of 87 counties still have lower median home sales prices than in 2006.

Read more: MHP's New County Profiles Show Pervasive Lack of Affordable Rental Housing

New Report on a Popular Housing Debate and Other Resources

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Created: Wednesday, 15 August 2012 13:37

Recently, the National Low Income Housing Coalition released a report examining one of the thorniest housing policy issues: Should policy favor the preservation of housing in low income neighborhoods, or should policy favor helping low income people move to higher income neighborhoods? The full report can be found in this month's resource roundup.  Other resources include: how foreclosure prevention counseling is saving Minnesotans money, new trends in shared housing, and a study that links mental disorders & trauma to homelessness among veterans.  Also, check out the Met Council's cool mapping tool.

Read more: New Report on a Popular Housing Debate and Other Resources

Sen. Franken Bill Would Help Homeless Students

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Created: Friday, 10 August 2012 17:34

For many years Minnesota advocates have joined others across the country in trying to fix a policy which forces young, formerly homeless people to choose between a roof over their heads and devoting themselves full time to getting an education. Minnesota's own Senator Al Franken has recently introduced a new bill which would address this pernicious housing policy issue.

Read more: Sen. Franken Bill Would Help Homeless Students

Minnesota Housing Board Meeting, July 2012

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Created: Thursday, 02 August 2012 16:39

The July board meeting was notable for new investment that will make Minnesota Housing mortgage loans more competitive in the current low-rate mortgage market. In addition, the Agency's role in responding to flooding in northeastern Minnesota was detailed. Finally, the strategic plan was approved, as expected, with a few minor changes.

Read more: Minnesota Housing Board Meeting, July 2012