MHP Releases Key Facts on Housing 2022
All people should have a safe, secure place to call home. Today, 550,000 Minnesotans pay more than 30% of their income on housing (also known as “cost burdened”)—a number that continues to escalate. These families are forced to choose between paying for housing and other necessities such as food, medical care, transportation, and clothing. Rising housing insecurity, which disproportionately affects Black, Indigenous, and other households of color (BIPOC), often results in eviction, substandard living conditions, the lack of choice in one’s housing, and even homelessness. There aren’t enough homes Minnesotans can afford, and we are losing affordable homes at an alarming rate. Proven effective solutions do exist, but need sufficient funding to ensure everyone—every child, every elder, every person with a disability—has a stable place to come home to.
The Key Facts document adds facts and figures to create a basic understanding of where we are with Minnesota’s state of housing. It also shows that the solutions to these issues are not beyond our grasp.