What can a housing provider do to help?
Lease an affordable home to someone who needs it.
- Enroll some or all of your units in your local 4d program and receive property tax abatement in exchange for your commitment to affordability. Read about one property owner’s experience with 4d.
- List your units on HousingLink and actively recruit Housing Choice Voucher holders.
- Participate in the Stable Homes, Stable Schools initiative if you own property in Minneapolis.
If you are considering selling your property, choose a buyer who will preserve affordability for your residents.
1,300 rental units lose affordability every year after property sale. But many buyers and sellers in the region want to preserve affordability. Need help connecting with a preservation-minded buyer or seller? Contact Sarah Berke.
- Learn more about preservation opportunities.
Examine your tenant selection criteria with an eye toward expanding opportunities for more people.
Research shows certain barriers in a person’s background are not necessarily relevant to a renter’s ability to succeed as a tenant. Revisit your screening criteria to consider whether your requirements could be loosened without increasing risk.
Invest in new technology to lower the cost of housing.
Everyone benefits from lower development and operating costs.