DFL proposes sales tax increase in metro to fund affordable housing programs, rental assistance
“Twin Cities-metro residents would pay more when they shop under a plan at the state capitol designed to fix what advocates say is an affordable housing crisis that needs long-term investment. The proposal at Minnesota Legislature implements a .25% sales tax hike in the region, which include Anoka, Carver, Dakota, Hennepin, Ramsey and Scott counties. A tax estimate expects it to generate nearly $200 million per year by 2027. Most of that funding would provide aid to local governments to assist with housing development, but it would also funnel 25% of those revenues to a rent voucher program for those who need the most help, which supporters say would be transformational for low-income Minnesotans.”