OUR 2025 LEGISLATIVE PRIORITIES
Stay tuned for the GMNP 2025 legislative priorities coming soon!
WHO NEEDS HOUSING?
An increasing number of job vacancies means employers are looking for workers, and many point to a lack of appropriate housing as a significant obstacle to attracting and retaining employees. Communities across Greater Minnesota are feeling the pressure to add more housing to serve new workers and their families.
EXISTING HOUSING STOCK IS TIED UP
A healthy level of housing churn is key to meeting a community's housing needs. In rural areas, older people and their families tend to move less than their urban and suburban counterparts, and they also represent a larger percentage of total households. This means there are fewer single-family homes available for younger workers and families, and results in shortages across the housing spectrum.
RISING COSTS PUT HOUSING OUT OF REACH
The cost to construct new homes or rehabilitate existing housing has risen sharply over the past several years. In many rural areas with lower property values, the cost to construct a new home can easily outstrip the appraisal price. It's also gotten more expensive to buy a home, with rising home sale prices and mortgage rates putting even "starter homes" out of reach for many families.