Minnesota must get its housing in order. Years of steady cost increases and stagnant wage growth have broken home economics across the state. Today’s families must spend significantly greater percentages of their income just on housing (25% of Minnesotans, and 45% of our renters, are cost-burdened and spending more than 30% of their money on housing). This squeezes budgets and forces painful choices that will have long-term consequences—both for individuals and our entire state.

Guest blog by Caitlin Magistad, Local & Regional Policy Coordinator
Twin Cities Habitat for Humanity

Housing costs continue to increase across Minnesota, while incomes have not kept pace. According to a recent report from the Minnesota Housing Partnership, a full-time minimum wage earner can't afford a one-bedroom apartment in any of Minnesota's 87 counties, and at $18.82, Minnesota ranks #22 in the nation for the highest hourly wages required to afford a modest two-bedroom apartment. Low vacancy rates, limited housing stock, and rising housing costs put pressure on low and moderate-income renters and home buyers alike, impacting families and communities across the state. Too many Minnesotans do not have access to safe, stable, affordable housing—together we can change that!

One out of four homebuyers that partner with Twin Cities Habitat for Humanity are single women raising children, and nearly all Habitat homebuyers families include mothers and children.

It’s data points like these that fuel the fight for affordable housing with groups like Women of Habitat. Raising over $135,000 during the 2017 annual luncheon this past October, the annual Hope Builders Luncheon brings women together to fundraise, but also puts the spotlight on issues and facts that cannot be ignored. The statistics below demonstrate the wide desparity between renters and homeowners.

Twin Cities Habitat is proud to announce that Bremer Bank has committed to be the primary partner in its new Home Loan Impact Fund. Bremer has agreed to purchase up to 500 below-market Habitat mortgages over the next four years, more than doubling the number of local families that can partner with Twin Cities Habitat on affordable homeownership.

Guest Blog by Caitlin Magistad
Advocacy Associate, Twin Cities Habitat

Minnesota's legislative session began on Tuesday, January 3, 2017. With no bonding bill or special session in 2016, we're anxious to be back at the Capitol, working to ensure that all Minnesotans have a safe place to call home. 

Twin Cities Habitat for Humanity has expanded its homeownership program, with the goal of more than doubling the number of families that can purchase a home with an affordable Habitat mortgage* each year. There are now two ways income-qualified families can partner with us to become homeowners.

"Homeownership rates remain at historic lows, falling to 63% for the eighth consecutive year of decline and contributing to crowding and rising costs in the rental market."

- Data from the CFED’s 2016 Assets & Opportunity Scorecard 

Last night, the Minneapolis City Council met to hear from constituents about the 2016 proposed City Budget. Rebecca Lucero, Policy and Community Engagement Manager at Twin Cities Habitat for Humanity, testified in support of the Make Homes Happen Minneapolis campaign. Here’s her annotated testimony:

Guest Post by Cassie Paulsen- Advocacy Assistant

As you may have heard from last week’s blog post, Twin Cities Habitat for Humanity is partnering with over 25 local organizations to advocate for a $20 million investment in stable and affordable homes in Minneapolis. Take action now to show your support!

Guest Post by Cassie Paulsen- Advocacy Associate

Twin Cities Habitat for Humanity is yet again joining forces with over 25 local organizations to advocate for stable and affordable homes for all in Minneapolis! Act now to show your support!