MAYOR'S OFFICE

350 South 5th Street, Room 331
Minneapolis, MN 55415
612-673-2100

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Affordable Housing Agenda

Goal: Increase annual City investment to $50 million from a permanent dedicated source of funds for affordable housing

Affordable Rental Housing Production

  • Increase funding for development
  • Inclusionary zoning with TIF and/or other City incentives 
  • Rental subsidies to support renters/units affordable at <30% AMI

Affordable Rental Housing Preservation

  • Provide incentives for current NOAH owners to preserve affordability, while maintaining and/or improving safety and baseline quality
  • Increase funding for NOAH acquisition

Renter Supports

  • Ensure housing quality through Regulatory Services
  • Create and improve tools to expand access to housing
  • Prevent displacement
  • Explore rental subsidies to support lowest-income and vulnerable renters

Access to Affordable Homeownership

  • Increase rate of vacant lot development
  • Enhance down payment assistance
  • Increase education and wrap-around services through nonprofit partners

Accountability through an annual “who benefits” report

For more details on Affordable Housing recommendations from the Affordable Housing Committee, see:

 

Last updated Jun 6, 2018

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Accessibility:
For reasonable accommodations or alternative formats, contact 311.
People who are deaf or hard of hearing can use a relay service to call 311 at 612-673-3000.
TTY users can call 612-673-2157 or 612-673-2626.

Para asistencia 612-673-2700, Yog xav tau kev pab, hu 612-637-2800, Hadii aad Caawimaad u baahantahay 612-673-3500. 

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