Upcoming Senate Hearing on the Housing Solutions Act
Alert Summary
Alert Details
Show your support for the Housing Solutions Act by attending this crucial hearing. Senator Cohen, housing advocates, and others will make the case for why the Finance Committee must support HSA. Your presence at this hearing will help ensure they know that constituents like you support the Housing Solutions Act!
The need for affordable housing is growing!
In 2000, 297,000 low-income households statewide could not afford their housing. According the The Next Decade of Housing in Minnesota, published by BBC Research and Consulting, this number is projected to grow to 330,000 low-income households by 2010.
The Housing Solutions Act almost triples state funding each year for affordable housing programs including over $22.5 million for rental assistance for extremely low-income people, $17.5 million for the Challenge fund for workforce housing, and $13.25 million for a local incentive housing program. Over 9,000 households could be assisted each year. The HSA bill will adjust the deed tax from .33% to .50%, an increase of $383 on the cost of a $225,000 median priced Minnesota home.
Our Goal
HELP PACK HEARING ROOM 123 IN THE CAPITOL!
Action You Can Take
PACK THE HEARING ROOM
Wednesday April 25, 2007, 8:30 AM
MN State Capitol, St. Paul
Room: 123 Capitol
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