$100 Million Dollar Bonding Bill Approved in Minnesota

Minnesota’s Governor Mark Dayton signed into law an unprecedented $100 million dollar bonding bill for housing on May 16th.  The $100 million dollars is for the preservation of public housing and construction of new affordable and supportive housing across the state.  This money will affect over 5,000 units of housing.

“The MN State legislature really stepped up to the plate this year”, said George Stone – CSH Director in MN. “The Governor had placed $50 million in his 2014 capital budget to address statewide housing needs. By doubling-down we are ensuring that fewer people will have to experience homelessness in MN, and fewer scarce public resources and human potential need be wasted”.

CSH worked as a part of Homes for All, a group of agencies from across Minnesota advocating for housing at the capital, to make the $100 million dollars a reality. Homes for All launched last year with a diverse coalition of 100 organizations. As part of this campaign, George Stone testified before the Minnesota House during Homeless Day on the Hill. CSH also helped to facilitate a Greater Minnesota supportive housing tenant to testify before the Minnesota Senate regarding why supportive housing has been a crucial step in helping her and her family move forward.

Click here to read more about how this funding will leverage private investments, increasing the supply of supportive housing for the most vulnerable people in MN, and opportunities to preserve and rehabilitate current affordable housing.

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