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HPP Proposal wins MN Challenge Idea Competition
06.24.2014 - HPP

One way to produce more affordable housing is to make our public resources stretch further by reducing the cost of producing new affordable units.†† But how to do that?† Several organizations, including Minnesota Housing, the McKnight Foundation, Urban Land Institute of Minnesota (ULI-MN)/ Regional Council of Mayors (RCM), and Enterprise Community Partners, decided one way to move that forward was to sponsor a competition for the best new ideas to reduce costs. †

The sponsors have now announced the winner of the competition, and it is a proposal submitted by the Center for Urban and Regional Affairs (CURA) at the University of Minnesota, and HPP.† The HPP-CURA proposal is centered on the role of local governments in producing affordable housing and ways local governments can help control those costs.† The timing is opportune for this project because the Met Council is now drafting the Regionís first Housing Policy Plan in three decades, and this plan provides a powerful platform for incenting local governments to improve their practices to support affordable housing. †

MN Challenge will provide the CURA-HPP team, also including consultant Stacy Becker and a broad based advisory committee, with funds to implement the project over 2014-2015.†† The Met Council has also committed to incorporating the best cost-cutting practices the project identifies into its systems for reviewing the housing elements of local government comprehensive plans.†† For more detail, see the full HPP-CURA proposal, or check out the MN Challenge competition website.