“There’s a way that we can tap into this moment and do something big and extraordinary,” Minnesota Housing Commissioner Jennifer Ho said at last week’s MHP Investors Council breakfast, “Action for Affordable Homes,” attended by more than 100 affordable housing sector leaders. Commissioner Ho said that now more than ever,…
Investors Council
“More than a place to live”: White Oak Estates to give Baxter residents opportunities to succeed
Chief of Police Jim Exsted has served with the Baxter Police Department for over two decades. He’s spent below-zero nights at 24-hour restaurants or gas stations, waiting with community members experiencing homelessness who simply need a warm place to sit until Community Services opens in the morning.
Investors Council recap: As Minnesota’s economy grows, so does our need for homes for working people
Businesses need people. People need homes. For many Minnesota communities, this simple reality is now a front-and-center economic issue, impacting families and employers alike. On November 16, more than 100 affordable housing sector leaders gathered at Carpenters Hall to discuss the gap between Minnesota’s growing workforce and our supply…
“The Gap” in Affordable Housing in Minnesota
Today, the National Low Income Housing Coalition (NLIHC) released The Gap: A Shortage of Affordable Rental Homes, outlining both state and metro shortages in affordable homes, especially for low-income families. According to the report, which relies on 2016 ACS PUMS data, 43 percent of…
Investors Council Recap: Dynamic trends shaping the nation’s housing markets
What are the dynamic trends shaping the nation’s housing markets, and how do the Twin Cities stack up? On November 1, nearly 100 Investors Council members convened to hear a special presentation on these questions by Chris Herbert, Managing Director of the Harvard Joint Center…
Investors Council Recap: Cities Step up for Affordable Housing
On May 17, Investors Council members and guests convened to discuss how cities are stepping up to support affordable housing development. Nearly 100 attendees learned about regional trends and progress made by the cities of Woodbury, Minnetonka, and Edina. Cathy Bennett of the Urban Land…
Investors Council Recap: State Policy Breakfast
On February 14, more than 100 housing industry leaders and advocates convened at MHP’s latest Investors Council breakfast to discuss prospects for housing policy at the state legislature during the 2017 legislative session. MHP welcomed four panelists — Rep. Dean…
Investors Council Recap: Vouchers in the New Housing Market
On November 9th, nearly 100 housing developers and advocates convened at MHP’s latest Investors Council breakfast to discuss the challenges facing housing choice voucher (HCV) holders and to consider how housing industry leaders might work together to address those challenges. MHP welcomed four panelists, Jessica Deegan…
‘Local control for a local issue’ – Affordable Housing Trust Funds in rural communities
Guest blog by: Randal Hemmerlin, Executive Director at Red Wing Housing and Redevelopment Authority It is no longer much of a secret that a housing shortage exists throughout Minnesota. The State’s population continues to grow as business is growing its workforce. So much so, that places like…
New Energy for Renewables in Affordable Housing
Renewable energy, especially solar, is of great interest to affordable housing developers from both a financial sustainability and mission perspective. However, effective practices and financing systems are still emerging in Minnesota. In May, the MHP Investors Council hosted a breakfast discussion focusing on alternative energy sources for affordable housing. …