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Minnesota Housing Partnership is joining forces with other housing organizations to make sure a bonding bill that includes resources for affordable housing is a part of the final negotiations of the 2011 State Legislative Session. A bonding bill that includes housing will not only create jobs, but also create places people can afford to call home.
Why now? In the final weeks of session, a bonding bill will potentially take shape as a part of the final budget negotiations. Lawmakers need to hear from you how bonding for housing is a critical financing tool and a means for job creation.
What can I do? Join us May 17th from 8:30 am until 12:00 pm for a mini "Day at the Capitol.” We will meet with lawmakers on key committees and advocate for a bonding bill that includes resources for housing.
Our message? Bonding for housing generates jobs, preserves important community assets, is a great investment of state resources, and creates homes.
Cohosted by Metropolitan Consortium of Community Developers, Minnesota Community Land Trust Coalition, Minnesota Housing Partnership, MN NAHRO, Twin Cities Habitat for Humanity
This week the annual Out of Reach Report jointly released by the National Low Income Housing Coalition, and in Minnesota MHP, hit the airwaves all over Minnesota, placing the issue of affordability for renters in the spotlight. The report's release was well-timed, given federal and state budget negotiations for housing programs.
In April, there were more signs that Commissioner Mary Tingerthal is reshaping the Agency at the monthly Minnesota Housing Finance Agency meeting. The board also approved a new funding source for Greater Minnesota nonprofits and revisited the issue of high housing costs.
Jim Roth, executive director of the Metropolitan Consortium of Community Developers (MCCD) recently authored an article in Finance and Commerce discussing the proposed state housing tax credit bill. This bill is designed to fund rental housing for low- and moderate-income Minnesotans.