2024-2025 Affordable Housing Plan Draft Available for Public Comment
Minnesota Housing released its draft 2024-2025 Affordable Housing Plan for public comment.
The Affordable Housing Plan outlines our key policy, program and operational initiatives. It is our business plan for implementing the first two years of the new 2024-2027 Strategic Plan and estimates the funds we will make available by program over the two years.
Going Big
Minnesota Housing is Going Big So Everyone Can Go Home. To take on Minnesota’s persistent housing challenges, the 2023 Legislature made available $1.3 billion of new state resources for us to deploy in 2024 and 2025. This supplements the resources we have from the federal government, bonding and Agency earnings.
Overall, we expect to make over $4.5 billion available during the two years. To guide these activities, we developed the draft 2024-2025 Affordable Housing Plan.
Public Comment
We are taking public comments on the draft plan through Friday, December 1, at 4 p.m. Email comments to mn.housing@state.mn.us with “Comments on Draft Affordable Housing Plan” as the subject.
Your feedback is critical to our planning process.
About Minnesota Housing
Minnesota Housing is the state’s housing finance agency. For more than 50 years, we’ve worked to provide access to safe, stable and accessible housing Minnesotans can afford in a community of their choice. In 2022, we distributed $2.18 billion in resources and served over 109,000 households. For more information about Minnesota Housing, visit mnhousing.gov.
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