Is there an affordable housing shortage?
This afternoon, the Public Safety & Regulatory Services committee held a public hearing on the proposed Condo Conversion ordinance I've been working on for months. Many social service providers, tenants whose housing is threatened by condo conversions and others came to testify for the proposed ordinance. Those who spoke against it were, to a person, realtors or property owners. What most surprised me was the debate among the Council Members. Opponents of the ordinance made an argument that I have trouble comprehending: that there is no affordable housing shortage in Minneapolis. They did not argue that any of the facts we had arrayed were inaccurate. Here's a short list of those facts: - According to the Minneapolis Consolidated Plan, which City staff prepared and the Council passed unanimously , there is a shortage of 13,499 dwelling units affordable to people who earn less than 30% of Metro Median Income. - According to the 2000 Census, there are 27,992 renter households...