- Created: Friday, 01 March 2019 14:03
- Written by Laura Proescholdt
The MN #HousingTaxCredit (HF 1156) was heard in the House Taxes Committee this week. We're so grateful to our testifiers (pictured right and quoted below) for making a strong case for the bill, endorsed by more than 70 organizations statewide! Read on for a press release on the legislation.
Like many Minnesota communities, there are few places affordable to people filling essential jobs in Savage – from teachers and childcare providers, to grocery store workers and more.
“To be successful, we need more affordable housing,” Savage Mayor Janet Williams said. “We need another tool in our toolbox.”
Statewide, there’s a growing consensus that affordable housing is essential to economic growth, addressing racial disparities, and ensuring families can make ends meet. Minnesotans are ready for solutions. That’s why Rep. Brad Tabke (DFL-55A) has authored House File 1156 establishing the Minnesota Housing Tax Credit. The measure would provide a tax credit to community members or businesses who contribute to affordable housing development.