Ensuring the long-term sustainability of affordable homes
Affordable housing in distress
Across Minnesota, nonprofit housing providers are facing operational and financial challenges that threaten the stability of residents and put affordable homes at risk of physical decline and even sale. If these organizations are not stabilized, we will lose these publicly-funded homes and displace the families who reside there.
What’s at Risk
A minimum of 3,500 affordable housing units statewide have been sold, are currently for sale, or are being considered for sale.
Our Coalition
The Minnesota Housing Stability Coalition supports thousands of residents who depend on nonprofit housing organizations for safe, quality, affordable housing. We have convened more than 70 people from 36 nonprofit housing organizations and philanthropies statewide to identify and advance systemic solutions to the challenges being faced. Together, the Minnesota Housing Stability Coalition aspires to stabilize renters and providers – ensuring the long-term sustainability of affordable homes.
