Conceived in partnership with The McKnight Foundation, MN Housing Measures has evolved through many iterations through the years to its current form: an annually-updated, interactive, visualization of three key measures related to affordable rental housing in Minnesota:
Private Market Affordability
The percent of non-subsidized, publicly-advertised vacancies affordable to 60% of area median income, by metro area and region in the state.
Subsidized Housing Stock
The total inventory of both publicly-funded affordable rental units and Section 8 Housing Choice Vouchers by metro area and region in the state.
Funding for Housing
Statewide dollars allocated to housing from the federal government, state government, and philanthropic entities.
Data Notes
Affordability” in this analysis refers to housing that costs no more than 30 percent of the income of a household making 60 percent of the area median. Figures are based on analysis of HUD median family incomes and HousingLink's private market rent data. including likely utility costs, depending on number of bedrooms and building type. To learn more about how HousingLink calculates affordability by area median income, see this video.
note: It is important to remember that an overall standard of “affordability” is a broad brush and individual families looking for housing can only evaluate the notion of “affordable” relative to their own circumstances.
This measure represents the entire “subsidized” rental market as sum of the total number of contractually-obligated affordable rental units and the total number of tenant vouchers in use. Specifically,
Funding for affordable housing is comprised of three primary metrics:
Questions about the data?
Dan Hylton
Research Manager
HousingLink
dhylton@housinglink.org
Media Inquiries
Sue Speakman-Gomez
President
HousingLink
sgomez@housinglink.org
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