Minneapolis, MN
Treasury Secretary Janet Yellen announces $100M affordable housing fund
Not a single state in the country has enough affordable housing to meet the needs of low-income renters, U.S. Treasury Secretary Janet Yellen said in Minneapolis on Monday.
Yellen, meeting with politicians and business leaders Monday and Tuesday, announced a new $100 million fund to subsidize financing for affordable housing.
“Here in Minnesota, Black households are six times more likely than white households to be precariously housed,” said Yellen, the former chair of the Federal Reserve.
The new $100 million fund would boost the Federal Financing Bank’s financing of affordable housing and other measures over three years. Yellen also noted the Biden administration support of the construction of affordable rental housing through the Low-Income Housing Tax Credit.
“This new program will be primarily focused on increasing the supply of affordable housing,” Yellen said. “We look forward to designing it over the coming months to make sure that we are putting these new funds to their most effective use.”
Nationally, there is a shortage of more than 7 million affordable homes for the more than 10.8 million extremely low-income U.S. families, according to the National Low Income Housing Coalition. And there is no state or county in the country where a renter working full-time at minimum wage can afford a two-bedroom apartment, according to the group.
The announcements came as attention to the housing crunch and shortage of affordable housing becomes a growing issue in this year’s presidential election campaign.
Diane Yentel, president and CEO of the National Low Income Housing Coalition, said the White House has made efforts to prevent evictions and address the housing crisis, “but there is much more work still to be done.”
Yellen delivered remarks Monday following a tour inside one of the city’s Family Housing Expansion Project, or FHEP, apartment units. The project, which was completed in 2023, is the largest new-unit housing project in 20 years developed by the Minnesota Public Housing Authority and consists of 84 units across 16 apartment buildings citywide.
“Housing is the first thing people need in order to be healthy,” said Sen. Tina Smith, who joined Yellen along with fellow Democrat Minneapolis Mayor Jacob Frey.
Yellen emphasized the importance of efforts aimed at fueling the development of more affordable housing and credited Minneapolis with serving as an example of “strategically leveraging” federal policies and programs to build needed housing.
“To get more affordable housing, you have to allow for it,” Frey said. “Previously we had a system that was set up that, by and large, kept all of the affordable housing in just a couple of locations throughout Minneapolis.”
Frey pointed to the city’s push for the long-fought 2040 Plan, which included a provision to boost inclusionary zoning and allow for the construction of multifamily housing.
On Tuesday, Yellen is set to hold a roundtable with Sen. Amy Klobuchar and small business owners about Community Development Financial Institutions.
The supply crunch of both affordable rentals and already owned homes for sale has raised prices.
“This supply crunch has led to an affordability crunch,” she said
Biden’s budget proposal calls on Congress to provide a tax credit for first-time homebuyers and includes a plan to build more than 2 million homes. It would expand the Low-Income Housing Tax Credit.
Includes reporting from the Associated Press.
Minneapolis, MN
PTSD leave policy adds financial pressure to Minneapolis Fire Department
“You will expose yourself to things that most of the public won’t see, except maybe once in their life. But yep, we’re doing it. Fire departments are doing it on a very regular basis,” said Mike Dobesh, president of MNFire, an organization dedicated to keeping firefighters healthy, mentally and physically, and on the job.
“The fire service is recognizing that any of those unexpected events that we go to, yes, we sign up to do it, but at the same time, those unexpected events can cause trauma; that trauma can lead to PTSD,” Dobesh said.
However, paying for all those firefighters on mandatory PTSD leave is putting the Minneapolis Fire Department in the red. It’s all the overtime needed to fill in for the firefighters on leave.
“From the therapists that I’ve talked to, usually eight to 10 visits can get that firefighter back on the rig,” Dobesh said, which is the goal of the mandatory leave with treatment. “But then it’s going to be something that’s going to have to be managed for the… probably the rest of their career, because it’s not something that’s just going to go away.”
Dobesh says that PTSD was the number one claim MNFire had on its critical illness policy last year.
In 2023, Minnesota lawmakers created the PTSD leave policy in an effort to keep firefighters from applying for permanent duty disability benefits. The policy requires firefighters and other first responders to take up to 32 weeks of paid leave and get treatment first.
“A trauma-informed therapist can meet with a firefighter, desensitize that firefighter, get them back to work,” Dobesh said.
But that policy is costing some fire departments millions. The Minneapolis Fire Department told the city council this week that 7% to 8% of its firefighters are currently out on PTSD leave, and the overtime other firefighters are working to fill in for them has put the department up to $7 million over budget in recent years. It’s projected to go over again this year.
So what are things they can do to maybe prevent some of these problems that they’re having because of PTSD? Speed up access to treatment, according to Dobesh.
“The sooner we can get in and have that firefighter seen, the more likely they’re going to have a very positive outcome and get back on the job,” he said.
Dobesh says if and when a firefighter needs help varies from person to person, but his organization provides five free treatment sessions for any firefighter who’s struggling.
Minnesota firefighters can call MnFIRE’s helpline 24/7 at 888-784-6634 or visit mnfirehealth.org.
MFD Interim Chief Melanie Rucker shared the following statement late Wednesday night:
“The utilization of these leaves is often unavoidable and reflects benefits that support the health and well-being of our fire personnel. We take the health and wellness very seriously, including mental health. Through transparent communication with leadership regarding evolving staffing needs and necessary overtime budget adjustments, we can effectively address the budget overages and return to a sustainable path forward.”
Click here to watch the Minneapolis Budget Committee meeting on May 4.
Minneapolis, MN
Minneapolis Mayor Jacob Frey signs gun ban ordinance
MINNEAPOLIS (FOX 9) – Minneapolis Mayor Jacob Frey signed a new ordinance that carries a ban on assault weapons but won’t take effect unless there are major changes to state law.
Minneapolis gun ban ordinance signed
What we know:
The Minneapolis City Council approved the ordinance during its meeting last week.
The firearm regulations ordinance includes a ban on assault weapons, ghost guns, binary triggers, and high-capacity magazines. The ordinance also includes safe storage provisions for firearms.
Big picture view:
Many of the provisions in the law won’t go into effect unless there is a change in state law. Currently, Minnesota law prevents municipalities from enacting gun regulations.
Minnesota law only allows cities to bar the discharge of firearms within city limits and adopt regulations that are identical to state laws. Any regulations that go beyond state law are voided, according to state statute.
Local perspective:
Action on the gun ordinance was spurred by last year’s shooting at Annunciation Church and School. Two students were killed while attending morning mass at the church and more than two dozen students and parishioners were hurt in the barrage of gunfire.
Last week, parents of Annunciation students spoke out in support of the ordinance at a public hearing.
Minnesota Gun Owners Caucus threatens lawsuit
The other side:
Last year, St. Paul passed a similar law. The Minnesota Gun Owners Caucus filed a lawsuit shortly after the ordinance was signed. Arguments were heard last month on the case and a judge has set a trial for next year.
In a statement last week, the Minnesota Gun Owners Caucus said it was evaluating its legal options in Minneapolis.
Minnesota Gun Owners Caucus Chair Bryan Strawser said:
“The City of Minneapolis is attempting to make a political statement with an ordinance it has no legal authority to enact. Minnesota law clearly preempts the entire field of firearms regulation, and local governments cannot simply ignore state statute because they dislike the policy outcome.
“If the City Council moves forward with this unlawful ordinance, we will evaluate every available legal option to challenge it, just as we did in Saint Paul.
“The law is not optional, even for Minneapolis.”
Minneapolis, MN
Police investigating south Minneapolis shooting that left man wounded
A man was hurt in a shooting in south Minneapolis late Tuesday night, according to police.
A report of shots fired brought officers to the 2600 block of Third Avenue South around 9:50 p.m., the Minneapolis Police Department said. They found evidence of gunfire and began investigating.
Later, a man with survivable gunshot wounds showed up at Hennepin Healthcare.
No one has been arrested.
-
New York1 minute agoFlag With Swastika and Star of David Flown on N.Y.U. Building, Police Say
-
Los Angeles, Ca7 minutes agoEarly morning Montebello fire leaves resident critically injured
-
Detroit, MI31 minutes agoWhat big announcement at DPSCD Hall of Fame Gala could mean for Detroit students
-
San Francisco, CA43 minutes agoCasting shade on shadows: S.F. supervisor seeks to bar using shadows to block new housing
-
Dallas, TX49 minutes agoDallas Approves $180,500 for New Botham Jean Boulevard Street Signs
-
Miami, FL55 minutes agoMiami residents sue over land for Trump presidential library
-
Boston, MA1 hour agoBoston has a secret society built on opium money in ‘The Society’
-
Denver, CO1 hour agoDenver weather: Nearing record highs again