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"We
at the Minnesota Housing Finance Agency are passionate about our
mission, and equally passionate about results. Effective stewardship
and the state's long-term commitment to housing needs have resulted
in a financially strong and organizationally sound agency that is a
national model. We intend to provide leadership to achieve the
Agency's goals, and appreciate that being held accountable will help
to achieve them.”
-Tim Marx,
Commissioner
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| Department Results |
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Office of Governor NorthStar |
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Minnesota Housing Finance Agency |
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| Mission: We are committed to meeting Minnesotans' needs for decent, safe, affordable homes and stronger communities. | |
| Learn more about the Minnesota Housing Finance Agency by reading its agency profile or the Housing Assistance in Minnesota report, and by visiting its Website. | |
| Goal: End long-term homelessness | |
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Reduce the number of people experiencing long-term homelessness |
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Provide 4,000 additional units of permanent supportive housing units for people experiencing long-term homelessness by 2010 |
| Goal: | Increase minority homeownership |
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Increase the homeownership rate for households of color and/or Hispanic ethnicity to 58 percent by 2012 |
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Reduce the gap in homeownership between whites and households of color and/or Hispanic ethnicity to 23 percent by 2012 |
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Increase the percentage of Minnesota-Housing-assisted first-time homebuyers from communities of color and/or Hispanic ethnicity |
| Goal: | Preserve strategically the existing affordable housing stock |
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Preserve over 90 percent of federally assisted units determined to be at risk for termination of their federal assistance program as affordable housing |
| Goal: | Low-and-moderate income workers have affordable housing |
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Provide mortgage assistance to at least 2,300 first-time homebuyers |
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Serve renters and home-buyers at low and moderate incomes |
| Goal: | Establish Minnesota Housing as a housing partner of choice |
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