Study: Not enough affordable housing in Rochester - KTTC Rochester, Austin, Mason City News, Weather and Sports

Study: Not enough affordable housing in Rochester

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ROCHESTER, Minn. (KTTC) -- Rochester is home to more than 100,000 people, but a housing study shows the city is not an affordable place to live for everyone.

A new study by Maxfield Research Inc. finds there is a very high demand for affordable housing in Rochester, and only ten percent of that need is being met.

Warren Hanson with the Greater Minnesota Housing Fund said Wednesday that the cost of housing in Rochester is high because the cost of construction has risen, making housing prices soar.

According to the study, women and children are affected most by the shortage of affordable housing.

Olmsted County, the Rochester Area Foundation, and Mayo Clinic will be working together to develop a new housing action plan this year.



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