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Housing Fund Would Put Roofs Over More Minnesotans

June 28, 2007

Legislation being introduced today would make housing available to more Minnesotans. Chip Halbach with the Minnesota Housing Partnership says it addresses the increasing cost of putting a roof over your head and the failure of wages to keep up with the cost of living.

“It's needed because there're hundreds of thousand of families in Minnesota that cannot afford any housing.”

The bill, sponsored by Minnesota Congressman Jim Ramstad, would produce or preserve almost two million units of housing that would be affordable for low-income people nationwide over the next 10 years.

Halbach notes that housing is too costly for many low-income families.

“This legislation is directed at families who are called 'extremely low-income.' That means, earning $12 an hour or less. In Minnesota, there's some 132,000 households that fit that classification. And, currently, over half of them are paying 50 percent or more of their income for housing.”

The bipartisan plan would make up to 30,000 housing units in Minnesota available to low-income households.

Jim Wishner/Eric Mack, Public News Service - MN