Displacement and gentrification
People are right to be concerned about displacement and gentrification in our City. As more people move to Minneapolis, current low-income residents are at greater and greater risk of being displaced. So-called “Naturally Occurring Affordable Housing” is being converted to higher-rent housing, at a rate of over a thousand units per year. The homeownership gap between whites and people of color in Minneapolis is among the widest in the nation. Some renters are trapped in an exploitative subset of the rental market and face disproportionate evictions and other negative housing options. Too many people continue to experience homelessness in Minneapolis and the number of unsheltered single adults has increased. The cost of energy is part of overall housing cost burden and falls disproportionately on the poorest residents and housing that is badly maintained can lead to a variety of different health problems, including lead poisoning, asthma, and more.