Minnesota Plan to Prevent and End Homelessness prioritizes increased public investment
The Minnesota Interagency Council on Homelessness published the 56-page Heading Home: Minnesota Plan to Prevent and End Homelessness on 12/19/13, citing the need for increased investment in affordable housing and rental assistance. The plan contains 12 strategies to prevent and end homelessness in Minnesota.
The first strategy identified in the plan is to pursue increased investments in affordable housing and rental assistance. This foundational strategy is echoed by the Homes For All coalition which requested $100 million in bonding for affordable housing during the upcoming session.
The report details how the need for affordable housing is great, citing that more than 10,000 Minnesotans are homeless on any given night, and another 248,000 pay more than half their income on housing. Minnesotans experiencing homelessness state that the number one reason they are homeless is that they cannot afford housing (Wilder interview data). Whereas the private market is guided by the laws of supply and demand, and will charge as much as it can for rent, Minnesotans need a safety net of affordable housing to provide for those whom the market doesn't serve.