FOR IMMEDIATE RELEASE: 8/13/19
Inaugural meeting of bipartisan committee focuses on home ownership across Minnesota
ST. PAUL, MN – On Tuesday, August 13, Senator Rich Draheim (R-Madison Lake) chaired the first meeting of the bipartisan Senate Select Committee on Home Ownership Affordability and Availability. Headed by Draheim, the committee focuses on solutions to combat Minnesota’s ongoing housing crisis, specifically related to increasing affordable home ownership opportunities across the state.
“When we increase access to affordable homeownership, we benefit everyone,” said Senator Draheim, who also serves on the Senate Agriculture, Rural Development, and Housing Committee. “From reducing crime to increasing individual wealth, homeownership improves our communities and state. The committee will continue to target barriers to home ownership and combat the affordable housing crisis.”
The committee, comprised of members of both parties, will make findings and recommendations to the Minnesota Senate concerning how to increase opportunities for affordable home ownership. The committee hearings will focus on testimony from housing industry professionals, local and state government officials, housing experts, and other stakeholders.
“Home ownership can serve as a means for escaping poverty,” added Senator Draheim, who also served on the Governor’s affordable housing taskforce. “While well-intentioned, many government housing programs focus on high-density housing, often to the detriment of home ownership. One of our goals as a committee is to identify and help populations that are underserved in the area of affordable housing. I look forward to continuing this work over the summer and fall.”