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First American city to tame inflation owes its success to affordable housing

No place in the U.S. has put inflation in the rearview mirror quite as fast as Minneapolis.

United statesNew yorkPeter froschJacob freyAugusta saraiva bloombergMark zandiMark niquetteGina kowalczykCurrie commonsCathy capone bennettGeorge floydDavid wellingtonAdam duininckKathy hochulRon feldmanCensus bureau

First American city to tame inflation owes its success to affordable housing

First American city to tame inflation owes its success to affordable housing
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New yorkUnited statesGeorge floydMark niquetteAdam duininckDavid wellingtonCathy capone bennettJacob freyMark zandiPeter froschAugusta saraiva bloombergKathy hochulCurrie commonsRon feldmanGina kowalczykUs bancorp

Minneapolis discovers the antidote to beat inflation: building affordable housing

The city eliminated zoning that allowed only single-family homes and since 2018 has invested $320 million for rental assistance and subsidies.

New yorkUnited statesKathy hochulJacob freyRon feldmanAdam duininckMark zandiGeorge floydDavid wellingtonCurrie commonsPeter froschGina kowalczykCathy capone bennettCities housing allianceWellington management incCensus bureau

First American city to tame inflation owes its success to affordable housing

No place in the U.S. has put inflation in the rearview mirror quite as fast as Minneapolis.

New yorkUnited statesGina kowalczykCurrie commonsMark zandiCathy capone bennettAdam duininckDavid wellingtonKathy hochulGeorge floydPeter froschJacob freyRon feldmanFord motor coCentral states regional council of carpentersMinneapolis saint paul regional economic development partnership

Twin Cities seen as a model for taming inflation

In May, St. Paul-Minneapolis became the first major metropolitan area to see annual inflation fall below the Federal Reserve’s target of 2%.

New yorkUnited statesCurrie commonsCathy capone bennettDavid wellingtonRon feldmanGina kowalczykKathy hochulGeorge floydMark zandiPeter froschJacob freyAdam duininckFederal reserveMinneapolis saint paul regional economic development partnershipCities housing alliance