Story Idea #5
2006 witnessed a notable recession in the U.S. housing market, with dramatic increases in rates of foreclosure and vacancy in comparison to prior years. Minnesota is already lagging behind its neighbors in affordable housing; Rental and homeowner costs are higher, vacany rates are lower, and home prices have increased at a faster rate than surrounding states. Specifically, what is the Minneapolis Public Housing Authority doing to combat this distressing trend in the state's largest city.
Sources:
1. Denise P. Eloundou-- Program Coordinator at the Housing Resource Center-Northeast, 612-378-7985.
2. Cora McCorvey-- Minneapolis Public Housing Authority Executive Director, 612-342-1439.
3. Susan Seel--Assistant to the Executive Director, 612-342-1418.