Minnesota is experiencing a worsening housing shortage, mirroring a national trend. This crisis disproportionately affects low-income residents, who face rising rents, increased evictions, and are often forced to spend more than a third of their income on housing. PPL's President and CEO Karla Henderson joined MPR News host Angela Davis to discussed the high costs of building and maintaining affordable housing and explored potential solutions.
Why are some Minnesota apartment buildings shutting down? Rising maintenance costs and aging infrastructure are pushing housing providers to the brink—forcing closures and deepening the state’s affordable housing crisis. Hear from PPL COO Scott Cordes on what’s driving the distress and what it means for renters across Minnesota.
Minnesota’s affordable housing owners are sounding the alarm. Despite major state investments, rising costs for security, insurance, and maintenance are squeezing providers—forcing some to sell or shut down properties. Discover why the financial strain is worsening and what it means for the future of affordable housing in the state with insight from PPL COO Scott Cordes.
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The Minnesota State Housing Tax Credit program is a new way to help finance multifamily and single-family housing that is affordable throughout the state of Minnesota.
