On any given night, nearly 9,200 Minnesotans – including 2,700 children – are without housing. Some are “lucky” enough to spend the night in a shelter. Others sleep in their cars or literally on the streets. Even more are forced to live in unsafe, cramped conditions with friends or family members.

Supportive housing is one type of housing solution that provides onsite services to people that will improve or maintain their health, independent living skills, income, employment, socialization skills, quality of life and, most importantly, their housing.

Outcome

This year’s bonding package provides $30 million in 501(c)3 bonds for supportive housing, $2.4 million in debt service on those bonds, and $1 million in flexible loan and grant money that can be used for homelessness abatement projects and programs.

Funds from the sale of 501(c)3 bonds will be distributed by the Minnesota Housing Finance Agency to non-profit organizations to build or renovate units of supportive housing, keeping the State of Minnesota’s Business Plan to End Long Term Homelessness on target.