Promotes policies that increase and protect affordable homes in Minnesota.
Lobbies for affordable housing resources through the legislative budget process and advises policymakers on the effective use of those resources.
Advocates on behalf of the Homes for All legislative agenda. MHP is a key member of this statewide coalition of more than 150 nonprofits, faith communities, housing developers, school districts, health providers, and local units of government.
As a member of the Homes for All coalition, MHP will actively work to advance the coalition’s 2018 Legislative Agenda, which calls for investments in programs that address needs across the continuum of housing, including homelessness, rental housing and homeownership. MHP's Libby Murphy serves as the Policy Co-chair for Homes for All, and MHP staff contribute significantly to Homes for All communications.
Bonding: $140 million for housing
A key aspect of the Homes for All coalition agenda is $110 million in Housing Infrastructure Bonds (HIB) and $30 million in General Obligation (GO). Additionally, we will advocate for the allowance of two new eligible uses: 1) senior housing and 2) infrastructure for manufactured home parks. HIB are currently used to create supportive rental housing, preserve housing with existing federal investments and promote homeownership through community land trusts. GO bonds are used to maintain and improve the state’s public housing stock.
Tax Credit Contribution Fund
MHP will lead efforts to establish a Tax Credit Contribution Fund in which, in exchange for contributions to affordable housing, participating taxpayers receive a credit against their state income tax liability equal to their contribution to a specific development or general loan pool.This simple, flexible program relies on local business and neighbor support to provide financing to developers of affordable housing. Download the one-pager.
Local Housing Trust Fund (LHTF)
MHP will lead efforts to incentive the creation of LHTFs by securing a $2 million appropriation to match local investments and provide technical assistance grants to help communities set up a LHTF. A LHTF consistent, flexible tool that enable communities to attract additional resources from public and private organizations and jump start projects that draw investment and jobs.