Housing Counts Data 2019
2019 saw more affordable homes funded for new development than in 2018, marking another strong year for affordable housing investment. The past three years (2017, 2018, and 2019) have seen the highest numbers of newly built and preserved homes since Housing Counts reports began in 2002. The City of Minneapolis and suburban communities continued to invest significantly in new rental home construction, with 1,241 new homes funded for development. Notably, the number of affordable homes preserved has increased even from 2018’s strong figures. This is likely due to
4d incentive programs in Minneapolis, Saint Paul, and some suburban communities. Minneapolis led the region in preservation with a total 1,047 homes preserved.
About the Housing Counts Report Series
Each year since 2002, Family Housing Fund and HousingLink jointly publish data to provide housing leaders and stakeholders with a consistent means of tracking annual affordable housing production, preservation, and loss. The data set provide an annual accounting of affordable housing projects in Minneapolis, Saint Paul, and suburban communities, offering a systemic and consistent way of measuring progress to municipal and regional affordable housing goals.
When tracking new production and preservation of affordable housing, there are several points in time when a unit could be “counted.” HousingLink and Family Housing Fund have chosen to count units in the year their funding first closes. Only developments with public and/private capital funding with affordability obligations are listed.
To compare to previous years, view HousingLink’s visualization of the data over time, below.