Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Minnesota latest state on affordable housing bandwagon

by January 12, 2023
January 12, 2023
Minnesota latest state on affordable housing bandwagon

Weeks after the Biden administration announced new efforts to curb homelessness, Minnesota’s top political leaders promised Wednesday to ‘bring it home’ on legislation that would expand affordable housing.

‘Not only is this the morally right thing to do — our economic future depends on us getting this right,’ Democratic Gov. Tim Walz said to a roaring crowd at the state Capitol, where hundreds were gathered to support a bill that would expand rental assistance to people with low incomes.

It’s one of many affordable housing proposals that lawmakers will consider passing in the coming months, Senate Majority Leader Kari Dziedzic, of Minneapolis, told The Associated Press in an interview after speaking at the rally.

House Speaker Melissa Hortman, of Brooklyn Park, told the crowd that Democrats are making affordable housing a top priority in the House.

With support from the House, Senate and governor’s office — all of which Democrats won in November for the first time in eight years — affordable housing bills in Minnesota may face fewer roadblocks to passage than before.

The state has one of the worst racial and ethnic homeownership gaps in the country, according to the Federal Reserve Bank of Minneapolis in 2021.

And in the Minneapolis-St. Paul metro area, Black families own homes at less than one-third the rate of white families, according to the Urban Institute in 2021. That was the largest gap in the nation.

President Joe Biden’s administration announced a new push to reduce homelessness in December, as a federal survey found about 582,000 people were without housing last year. The initiative seeks to drive the count down by 25% by 2025 through efforts to house people who are homeless and prevent others from losing their homes in the first place.

In January, governors in Washington, California, New York and Oregon also unveiled multibillion-dollar plans to mitigate the affordable housing crisis in their states.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
George Santos: These 4 House Republicans demand embattled congressman resign, as McCarthy allows him to serve
next post
Grassley, Johnson question White House’s understanding of federal records laws after Biden docs fiasco

You may also like

Foreign policy expert reveals 2 key offensive strategies...

April 16, 2024

“Sit Down Wilson” – Crazed Man Beats His...

October 21, 2022

EXCLUSIVE: FTX Donations to Democrats from Foreign Entities...

November 15, 2022

‘Utter disaster’: Lindsey Graham calls for Zelenskyy resignation...

February 28, 2025

Far-left WaPo Reporter Taylor Lorenz Scrubs Her Entire...

December 16, 2022

6 Dems vote with House GOP to reverse...

March 28, 2025

BREAKING UPDATE: — NOW FOUR ARIZONA COUNTIES Delay...

November 22, 2022

No holiday for DeSantis, Pence, Scott and other...

July 5, 2023

Claudia Sheinbaum elected as Mexico’s 1st female president

June 3, 2024

Trump campaign mocks DeSantis’ expected Twitter presidential campaign...

May 24, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025
    • Tech ETFs are Leading Since April, but Another Group is Leading YTD

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,567)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved