The September Minnesota Housing Finance Agency Board meeting covered several important topics. The board was briefed about the administrative complaint being filed with HUD against the Agency and several other entities. The board also approved the 2015 Affordable Housing Plan after review of public comments. Additionally, two pilot programs received funds - one assisting young families and another protecting affordable housing properties. In further news, the Agency withstood their first major computer virus attack.
According to a recent Harvard Joint Center for Housing Studies & AARP Foundation study, by 2030, the number of people aged 65 and older is estimated to reach 73 million, increasing by 33 million in two decades. Here in Minnesota, more than 1 in 5 residents in each of our 87 counties will be over 65 by this date. This “rapid aging” of America, including Minnesota, creates several challenges for housing, ranging from affordability to accessibility. What do we need to do in our state to ensure that the needs of seniors will be met?
At the Minnesota Housing Finance Agency August board meeting, the board approved distribution of rehab rental loans and housing counseling awards. The board also examined drafts of the Affordable Housing Plan in anticipation of adopting the plan in its September meeting. In addition to receiving other updates, board members asked several questions, including one about meeting the housing needs of seniors.
The July board meeting of Minnesota Housing Finance Agency addressed multiple programs, including several intended to reduce homeownership disparities between whites and communities of color. In addition, the meeting covered some staffing changes at the Agency.
Calling educators, health care workers, and law enforcement officers who believe that safe, affordable housing is critical for students, patients, and citizens. Homes for All wants your commentary or testimony! Please contact Leigh Rosenberg.