Gov. Dayton Wants to Build 300,000 New Homes in Minnesota
"[Minnesota] Gov. Mark Dayton on Tuesday unveiled a wide-ranging housing plan that calls for the construction of 300,000 new homes in Minnesota by 2030 and the creation of dedicated funding sources for affordable homes," report Ryan Faircloth and Frederick Melo.
"The report, which was drafted by a Dayton-commissioned task force, outlines 30 general recommendations aimed at increasing access to affordable housing," add Faircloth and Melo. They also note a lack of detail for how to implement that list of ideas.
At a press conference, Gov. Dayton put some of the onus for meeting the state's demand for housing on the private sector.
“Ultimately, the supply of housing stock … is a private-sector function and responsibility. And they need to tell us what they need in terms of additional incentives,” Dayton said.
The report also suggests public-private partnerships to aid the construction of affordable housing. "Other recommendations from the report focus on preserving existing homes and keeping them affordable, assisting people at risk of eviction and removing barriers to homeownership for households of color."