Skip to main content

Jacob Frey reveals plan for $50M boost to affordable housing in Minneapolis

The Mayor wants to quadruple the city's housing spending.

With Minneapolis amidst a housing crisis that is pushing out lower-income families, Mayor Jacob Frey has proposed a plan to improve access to affordable accommodation.

The mayor wants to increase the city's existing housing budgets by $50 million, a figure he revealed on Monday as he presented a plan for how it would be spent.

The money would be used on a number of projects, including some already revealed – such as incentivizing landlords through tax breaks to keep their properties affordable for longer periods.

Frey's proposal would increase the production of affordable housing – including by accelerating construction on vacant lots – as well as protecting the affordable housing already in place, and improving the opportunities for lower income residents to buy a home.

He actually hasn't figured out how the funding would be found, other than to say he's seeking a "stable, dedicated source of funding," according to the Southwest Journal.

The city spent $12-13 million on housing last year, the newspaper adds.

Today's Top Stories 

– Target slashes next-day delivery fee on household goods.

– Child almost drowns in YMCA pool during swim party.

– Sign up for our daily newsletters.

The mayor says "historic action" is needed to solve the city's housing problems, which is beset by a dearth of housing supply that is pushing up prices for those on the market.

Recent apartment construction meanwhile has erred towards high-end developments, limiting the options for those looking for a lower monthly rent.

Next Up


Hero dad who stopped carjacker who fled with his kids identified

A GoFundMe has been set up to support Derek Gotchie and his family following the incident.

Screen Shot 2022-12-03 at 4.35.18 PM

Watch: New London-Spicer wins 3A championship on incredible walk-off TD

New London-Spicer defeated the unbeaten Dilworth-Glyndon-Felton in remarkable circumstances.


Suspect in woman's killing in Moorhead is arrested

James Kollie Jr. was arrested Friday evening.

Jennifer Carnahan

Former chair Jennifer Carnahan sues Minnesota GOP, which is suing her back

Carnahan stepped down under a cloud of controversy in August 2021.

Minneapolis Fire Department

One injured after leaping from burning vacant building in Minneapolis

Authorities say the building is known to be used by squatters.


Head-on crash leaves two drivers dead in southeastern Minnesota

The crash happened in Houston County just before 4 p.m. Friday.


Charges: Armed man made death threats at Minneapolis LGBTQ bar

The man allegedly used derogatory terms while threatening to kill someone.


FDA pulls last COVID-19 monoclonal antibody treatment as new variants rise

A therapy used to treat more than 11,000 Minnesotans is no longer authorized amid a surge in the latest COVID-19 variants.

Austin Robert LeClaire

Charges: Plymouth man shot girlfriend in head after birthday party

The 23-year-old victim is in critical condition as of Friday.


State announces $2.5M in grants for child care providers

Child care providers in roughly a dozen communities will receive funds to help grow the supply of affordable, quality child care.


Probe of Golden Valley police uncovers racism, alleged misconduct

One officer was terminated for alleged racist comments and violations of state law.

blowing snow

Blowing snow Friday in Minnesota; will it snow next week?

Winds could gust up to 50 mph Friday afternoon and night.


Jacob Frey

Minneapolis Mayor Jacob Frey confirms run for reelection

He has faced criticism over the city's response to George Floyd's death.

Jacob Frey

Jacob Frey, police union, Nancy Pelosi criticized for post-verdict comments

The Minneapolis Mayor is under fire for a tweet in which he said George Floyd's 'life ... bettered our city.'

Screen Shot 2019-08-15 at 1.19.47 PM

Amid protests, Mayor Jacob Frey announces increase in police officers

The Minneapolis mayor announced his 2020 budget on Thursday.

Jacob Frey

Minneapolis Mayor Jacob Frey planning to run for reelection

Frey said in a radio interview that 2020 has been a "horrible" year.

Jacob Frey

Policy intern to Mayor Jacob Frey charged with gun, drug offenses

The 28-year-old had been offered a job by the mayor after his previous release from prison.

Will the fourplex solve Minneapolis' housing problem?

The Minneapolis 2040 draft plan was released on Thursday.

Jacob Frey elected mayor of Minneapolis

He beat out incumbent Betsy Hodges – but it took multiple rounds of counting.

Minneapolis police

Mayor Frey, Minneapolis police chief reveal new 'no-knock' policy

The new policy for Minneapolis Police Department was announced Wednesday.