Minnesota Housing News

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Report: Median Twin Cities home price rose to a record $280,000 in 2019
The median home selling price has now increased by more than 5 percent every year since 2012, according to the latest annual market report from the Minneapolis Area Association of Realtors.
St. Paul to offer rent subsidies for families with schoolchildren
Teachers and school staff at seven St. Paul public schools are teaming up to identify students whose families could use help paying rent. Then the city will give those families $300 a month for up to three years. It’s part of St. Paul’s new Families First Housing pilot program.
Advocates eye community land trusts to increase access to homeownership
The 13 nonprofit community land trusts throughout the state collectively have 1,250 homes in their portfolios. One land trust in Minneapolis mostly serves households that make between $25,000 and $50,000 a year.
Report: More middle-income renters burdened by housing costs
According to a new report from the Joint Center for Housing Studies of Harvard University, there's been a significant increase in middle-income renters who pay more than 30 percent of their income for housing.
Some Section 8 voucher holders will have more options to use the subsidies
The federal government has authorized the two agencies to cut through traditional bureaucratic barriers to enable an initial pool of Section 8 voucher holders to use them in communities outside those usually included in the agencies' operations.
Homeless count may reveal yet more people living on the street
The result likely will underestimate the actual number of people sleeping outside or on transit, but the survey provides at least a minimal point-in-time read on the problem.
It can be a challenge to determine a precise number of the number of people experiencing homelessness in Minnesota and around the country. One way that officials approach that challenge is the annual Point-in-Time count.