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Senate hears demand for workforce rental housing funds after program funds nearly exhausted

2364523 · February 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senators and witnesses urged more funding for the Workforce Housing Development Program, which makes grants and deferred loans for market‑rate rental developments in Greater Minnesota; advocates said prior funding approved 832 rental units but agency could fund only about half of eligible applications.

Senators heard testimony supporting additional state funding for the Workforce Housing Development Program, which provides grants and deferred loans for construction and acquisition of market‑rate rental workforce housing across Greater Minnesota.

Senator Chris Putnam, who presented the measure, said the bill would appropriate $20 million to the program. He described the program’s criteria and past activity: recipients must show low vacancy…

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