Our State Surplus Should be Invested in Housing: Ensuring Minnesotans Have a Home is the Best Investment the State Can Make
by Anne Mavity, Executive Director, MHP
Housing investments are an excellent strategy for deploying our state’s historic surplus to leverage long-term, generational benefits for Minnesota. Every corner of Minnesota needs more homes that are affordable to families and seniors and ensure local businesses can recruit the growing workforce they need to expand and thrive.
Each year, there are at least three requests to Minnesota Housing for housing project funding for every one that can actually be funded; these projects are shovel-ready right now and once built, will offer safe, decent, stable homes for generations of hard-working Minnesotans.
Communities around the state—from Greater Minnesota’s rural areas to cities like Duluth and St. Cloud—are feeling the squeeze of rising costs that have put homes out of reach of too many families. Our state leaders have an opportunity to come together to ensure that all our neighbors have homes from which to build their future.
Everyone needs a home – this is a bipartisan solution that can provide a fundamental building block of our State’s success. We need housing stability for all aspects of life: to maintain our health, to hold a job, for our kids to get their homework done. A stable home makes anything possible.
It’s time to raise expectations for the level of investments we need in homes for every Minnesotan. Tell your state leaders why housing is so important to you and your family today!