Minnesota Housing News

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Out of whack: Lack of homes for sale sends prices surging, frustrates buyers
Sales of existing homes fell 6.6 percent in February from the month before. Meanwhile, prices are up 16 percent over the past year, giving homeowners about $2 trillion more in equity and widening the wealth gap.
CDC likely to extend eviction moratorium with millions of people behind on rent
The Centers for Disease Control and Prevention is moving to extend an order aimed at preventing evictions during the pandemic. Housing groups say the order could prevent up to a million evictions.
HUD: Growth of homelessness during 2020 was 'devastating,' even before the pandemic
The annual homeless count by the Department of Housing and Urban Development shows an increase in people living outside. The 2020 numbers in the report do not reflect the impact of the pandemic.
Landlords struggling to stay afloat see lifeline in COVID-19 relief for renters
The latest COVID-19 relief bill passed by Congress has upward of $27 billion for rental assistance to prevent evictions. With so many renters not paying, many landlords are struggling.
Intelligence Squared debate: Is it time for slavery reparations?
A top aide to President Joe Biden recently said that the White House will “start acting now” on reparations for African Americans. Some say it’s long overdue. Reparations, they say, are important to start to address the moral injury slavery inflicted. Others say direct payments to African Americans will divide the Black community, exaggerate racial tensions and prove impossible to administer.
Senate confirms Ohio Rep. Fudge as housing secretary
The Senate has confirmed Marcia Fudge to head the Department of Housing and Urban Development, placing the longtime Ohio lawmaker in charge of the agency just as Congress is poised to pass new benefits for renters and homeowners who have suffered economic losses amid the coronavirus pandemic.
States try to push out billions of emergency rental aid to families
Congress approved $25 billion in emergency rental assistance to keep people housed during the pandemic, but states are facing glitches on the federal moratorium for renters and landlords.