THE WEEK IN HOUSING
RECENT NEWS & UPDATES FROM MINNESOTA NAHRO
This week our member update includes the latest Out of Reach report plus don’t forget to nominate your deserving colleague for their work during this pandemic. Check out the details on both below along with our upcoming events. We can’t wait to see you in Duluth!
Minnesota NAHRO Awards – Nominations Open until 8/12
Minnesota NAHRO honors its leaders in the affordable housing industry by presenting four unique awards each year. For 2021, we are presenting ALL four awards at our Annual Conference as this will be our first in person conference in over 18 months.
We know our members have done great things this past 18 months in response to COVID and this is a great opportunity to recognize your peers. For specific details on each award and nomination forms, please visit our awards webpage here.
All nominations should be sent via email to: Dara Lee, Senior Vice President, Minnesota NAHRO, Clay County HRA, 116 Center Ave E, Dilworth, MN 56529, PO Box 99 by August 12.
2021 Out of Reach Report
Every year the National Low Income Housing Coalition releases it’s Out of Reach Report and this year COVID-19 and its economic fallout underscore the need for a stronger housing safety net. COVID-19 was an economic catastrophe for many households, disproportionately people of color, precisely because so many already could not afford their homes. Jurisdictions across the country had to create new emergency rental assistance programs, because pre-pandemic housing assistance programs, where they existed at all, were inadequate to keep renters housed. Long after the public health dangers and economic crisis gradually recede, low-wage workers and low-income renters will continue to be in a precarious position, until we create permanent solutions to widespread housing unaffordability.
In Minnesota, a full-time worker needs to earn an hourly wage of $21.78 on average to afford a modest, two-bedroom rental home in the state. Each week, a worker in Minnesota must work more than 69 hours to afford a modest one bedroom rental at fair market rate. Use this link to read the full report.
