Minneapolis Mayor Announces Plans for 'Historic' Investment in Affordable Housing

May 14, 2018 10:55 PM

As Minneapolis grows, the number of affordable homes has struggled to keep up.  

The city says as many as 15,000 affordable units have been lost since 2000, pricing low-income families out of the city.
    
Right now, the city of Minneapolis spends about $11 million to $13 million a year on affordable housing. But in 2019, Mayor Jacob Frey hopes to boost that number to $50 million.

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RELATED: Increased Security Planned for Minneapolis Public Housing Complex 

"It is my core belief that affordable housing must be in every neighborhood, so this agenda must be for our entire city," Frey said during a news conference announcing his initiative, Monday afternoon.

In its simplest terms, the four-pronged approach would aim to increase the development of affordable housing, preserve the affordable housing that already exists, help renters by hiring more inspectors and other city staff to help fight unfair landlords and increase access to ownership.

"It's going to take a coordinated approach that engages all the actors from the public and the private sector if we're going to succeed," Hennepin County Commissioner Peter McLaughlin said.

RELATED: City Officials Celebrate Grand Opening of North Minneapolis Affordable Housing 

Just across town, affordable housing is the main conversation as community members come forward with their concerns regarding growth in Minneapolis at the city's roadmap to the year 2040 town hall meeting. 

"I thought I'd come in and see what they're talking about and what's going to be the changes," said Crystal Rosebear, a mother of seven. 

Rosebear was homeless for a year before getting into subsidized housing with the ultimate goal of one day buying a home of her own.

RELATED: Dayton Creates Affordable Housing Task Force 

"It's hard for me to find housing," she said. "I want to be able to have something myself. Something nice. Not having to be on a program. Trying to get off it and be stable by myself and with my kids."

"With a strong affordable housing agenda, we can make that home a reality for far more people," Frey said.

There's no timeline yet on how each step of this initiative will fall into place and no certainty whether that ambitious proposal of $50 million in funding will be realized.

 

 

Credits

Katherine Johnson

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