Investors Council recap: As Minnesota's economy grows, so does our need for homes for working people
- Created: Tuesday, 20 November 2018 15:30
- Written by Laura Proescholdt
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 of affordable homes. Panelists included Lee Schafer, business columnist for the Star Tribune (moderator); Skip Duchesneau, President of Greater Minnesota development company D.W. Jones; Jonathan Weinhagen, President & CEO of the Minneapolis Regional Chamber of Commerce; and Mark Borseth, Public Works Director at the City of Thief River Falls.
According to Weinhagen, many Twin Cities region business leaders have shifted from taking housing for granted, to seeing housing as a key ingredient to their success. “With a 100,000 worker shortfall, we're in crisis mode,” Weinhagen said, “For the first time, we’re pivoting as a business community to think about housing as an economic competitiveness issue and a workforce issue.”