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When hardworking Minnesotans are struggling to keep up with rising housing costs, you know there’s a problem. Minnesotans who are increasingly concerned about housing instability demand immediate action and expect their elected leaders to prioritize affordable living for all. A long-term commitment is needed to ensure that everyone in our state can afford a place to call home.
In response to “State shouldn’t hoard affordable housing funds” (Jan. 24) by Evan Ramstad, it’s crucial to recognize that while robust, one-time funding from the state to create and preserve affordable homes for Minnesotans is a positive step, it is far from a comprehensive solution to the state’s housing problems.
Too many Minnesotans face the burden of not being able to afford a safe place to lay their heads each night. Rising costs due to inflation are only part of the picture. Wages that haven’t kept pace with living expenses, the necessity for multiple jobs to afford housing, and a shortage of available housing options are also significant contributors to the problem.
A one-time funding boost of $1 billion was historic and very helpful, but cannot single-handedly reverse these trends, and is not enough to address Minnesota’s housing needs. That’s why Ramstad’s idea that the need for affordable housing organizations will decrease over time is not realistic.
Moreover, Minnesotans across the state, including those in rural areas, are calling for a broader agenda to address housing issues. This includes ensuring a livable wage and job security. These are statewide issues that demand a unified response.
The proposed constitutional amendment to create a “legacy fund” for solutions to housing issues, much like the fund approved in 2008 to protect Minnesota’s clean water sources, represents this long-term, sustained commitment to address the problem. Comparing this with the temporary nature of recent funding makes it clear that a more consistent and reliable funding source is critical. We must build on the momentum of recent investment and not ease up on our efforts.