NAHB’s Election 2020 series kicks off in Minneapolis with a robust discussion on how municipalities are tackling the housing affordability crisis. State and local government officials, industry leaders and community partners share their insights on the challenges of housing affordability and potential solutions to address housing inequity.
The Minneapolis-St. Paul metro area has been thriving in recent years, with a number of Fortune 500 companies contributing to the economic health of the region. But as people flock to the Twin Cities area in search of career opportunities and urban living, a shortage of affordable housing is pricing residents out of owning homes and driving up the cost of rent.
Minneapolis’ 2040 plan, which makes Minneapolis the first major U.S. city to end single-family zoning, provides an example of one ambitious solution toward a future of more equitable housing access. Speakers examine topics such as the short- and long-term effects of this plan, how continued housing shortfalls could impact the future economy of the surrounding region and what support the private sector can provide to address local housing inequity.
This situation is not unique to Minneapolis, however, as leaders across the country search for forward-looking solutions to tackle housing inequities in their own back yards. NAHB Chairman Greg Ugalde and Deborah Myerson, principal at Myerson Planning & Development Consulting and author of NAHB’s How Did They Do It? Discovering New Opportunities for Affordable Housing report, will discuss trends in housing and housing affordability, including how today’s housing needs are shifting, and the types of housing and support required to meet those needs.
Additional details, including a full agenda for the event, are available here.