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.
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.
Recently, PPL was featured in a story from Finance & Commerce on the struggle affordable housing providers are facing due to insurance costs and other headwinds in recent years.
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