Intentions of this program
While there is a current moratorium on evictions in the state of Minnesota, rent is still due and tenants will be responsible for unpaid rent once the moratorium is lifted.
This funding is intended to:
- Prevent tenant evictions and rising homelessness.
- Reduce rental property foreclosures, sales, and rent increases.
- Stabilize affordable housing owners at a time when there may be new costs to implement public health measures for tenants and employees.
- Stabilize affordable housing rental markets and preserve affordable housing options into the future.