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Committee advances bill to create African American workforce homeownership program
Summary
The Minnesota Senate Housing and Homelessness Prevention Committee advanced Senate File 2423, which would create a grant program targeting African American workforce households for affordable homeownership projects; the bill was amended and recommended to be passed and referred to the Committee on Jobs and Economic Development.
The Minnesota Senate Committee on Housing and Homelessness Prevention recommended passage of Senate File 2423 as amended, a bill to create an African American Workforce and Affordable Homeownership Development Program that would provide grants to cities, tribal governments, nonprofits, cooperatives and community land trusts to develop single-family and multifamily affordable homeownership projects targeted to African American workers.
The bill’s author, Senator Champion, said the proposal was developed in response to disparities cited by the Minnesota Council for Minnesotans of African Heritage, noting Black Minnesotans have lower homeownership rates and higher housing cost burdens. “This program is similar to the existing workforce and affordable…
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