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MPR News with Angela Davis

Angela Davis and Maja Beckstrom

December 16, 2022 11:58 AM

Housing Commissioner Jennifer Ho has big plans to get more Minnesotans into homes

Two people smile in a photo in an apartment — A boy and his mom celebrate their new apartment in an affordable development financed in part by Minnesota Finance Housing Agency.
Courtesy of Minnesota Housing

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It’s been getting harder for many people to afford and keep a home in Minnesota.

Rents were rising even before inflation hit. And for some people, the cost of an apartment is out of reach entirely. After protections during the pandemic were phased out, Minnesota saw a surge in evictions, averaging more than 700 evictions during one week in July.

Meanwhile, many potential homebuyers are getting priced out of the market by higher interest rates that add hundreds of dollars to monthly mortgage payments.

A person smiles for a photo — Minnesota Housing Commissioner Jennifer Ho.
Courtesy of Minnesota Housing

MPR News host Angela Davis talks with Jennifer Ho, Commissioner of the Minnesota Housing Finance Agency about what’s driving higher housing costs and why she thinks its time for government to “go big” to help more people into homes.

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MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.

Plus, MPR News senior economics contributor Chris Farrell brings us the latest financial news.

Guests:

Jennifer Ho is the commissioner of Minnesota Housing Finance Agency, which provides the state’s housing finance agency.

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Use the audio player above to listen to the full conversation.

Dear reader,

Political debates with family or friends can get heated. But what if there was a way to handle them better?

You can learn how to have civil political conversations with our new e-book!

Download our free e-book, Talking Sense: Have Hard Political Conversations, Better, and learn how to talk without the tension.