MICAH

Did you know?

• The vacancy rate for any apartment in the Twin Cities is 2.4%  making the search for affordable housing even harder for those with low incomes.
• 54% of renters in the metro area that pay more than 30%  of their income on housing. 
• Only 22% of low income households in Minneapolis has affordable housing. 
• 5500 children in Minneapolis Public Schools are homeless.
• Sheltering a family for a month costs $2700.
• $650 is  usually the one time cost to prevent a family from becoming homeless in Minneapolis.
• 40% of delinquent mortgages are prime fixed rate products not subprime mortgages.