In a previous blog post, MHP discussed the nation’s growing need for affordable and accessible senior housing. Thanks to a new, Minnesota study on the demand for senior affordable housing released in November, we can dig deeper and examine the more specific affordable housing needs of Minnesota’s seniors*. Already, 1 in 5 Minnesota counties have populations where more than 40% of residents are age 55 or older, and the number of seniors statewide is expected to increase nearly 40% by 2030. The study, commissioned by a group of housing authorities and developers, highlights four major findings facing Minnesota in the next 15 years, and provides a foundation for housing policy proposals currently being discussed at the Capitol.
As the result of a recent federal grant, MHP staff are preparing for work in three rural US communities: Osage County, Oklahoma, the Lakes & Pines Region of E. Central Minnesota, and Bowman and Golden Valley counties in North Dakota. All three communities, which have undertaken extensive planning and strategizing, are poised to implement a wide variety of development projects under the grant.
Just a few weeks into their tenure, MHP’s newest board members represent a broad cross-section of industry leaders from both the Metro and greater MN and from the private, public, and nonprofit sectors. The diversity and perspectives brought by the new board members will expand the organization’s capacity in areas of finance, real estate development, and racial equity. New to the MHP Board are:
The February Minnesota Housing Board meeting played host to several important conversations. The board voted to fund rehabilitation of 35 public housing developments with proceeds from the 2014 bonding bill. Staff presented the 2017 draft Qualified Allocation Plan (QAP), for scoring applications for Low Income Housing Tax Credits, which is now also open for public comment. A housing development approved by the Agency has run into opposition and incurred changes and additional costs, which meant the board needed to revisit the project.
GMHF seeks developers to respond to MN's shortage of workforce housing in new pilot program: Workforce Housing 2.0
Calling educators, health care workers, and law enforcement officers who believe that safe, affordable housing is critical for students, patients, and citizens. Homes for All wants your commentary or testimony! Please contact Leigh Rosenberg.