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Craig Helmstetter 071210
1. 2010 Regional Forum on Workforce Housing July 2010 Craig Helmstetter Wilder Research Minnesota Compass: Measuring progress. Inspiring action. www.mncompass.org July 2010
2. Working to change the equation From: To: Good intentions + No common base of information = Inefficient decisions Good intentions + Sound, credible information + Common sense of purpose = Productive decisions for a strong region www.mncompass.org July 2010
7. … a large majority of lower-income households are cost-burdened www.mncompass.org July 2010
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9. #2. …We have a HUGE homeownership gap Ownership rate for White (non-Hispanic) households Ownership rate for households of Color _____________________ Homeownership Gap 78% 46.5% __________ 31.5% *MN, 2008 ____ ____ www.mncompass.org July 2010
Income groups are based on guidelines set by the US Department of Housing and Urban Development (HUD) and are indexed for household size. The 2007 HUD Median Family Income for a family of four in the Twin Cities 13-county metropolitan area is $77,600. Income groups by household size 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person Extremely low income $16,500 $18,850 $21,200 $23,550 $25,450 $27,300 $29,200 $31,100 Very low income $27,500 $31,400 $35,350 $39,250 $42,400 $45,550 $48,650 $51,800 Lower income $33,000 $37,700 $42,400 $47,100 $50,900 $54,600 $58,400 $62,200 Low income $41,700 $47,700 $53,650 $59,600 $64,350 $69,150 $73,900 $78,650 Moderate income $55,000 $62,800 $70,700 $78,500 $84,800 $91,100 $97,300 $103,600 Greater than med. Inc. >$55,000 > $62,800 >$70,700 > $78,500 > $84,800 > $91,100 >$97,300 > $103,600 For more information about HUD's income limits, please see: http://www.huduser.org/datasets/il/il07/index.html
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Twin Cities (7-county) Gap = 32.7% -White, non-Hispanic homeownership = 77.7% -Of Color = 44.9% US Gap = 23.9% (US homeownership = 66.6%) (US White = 73.4%) (US Of Color = 49.5%)
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Similarly in 11 th grade math: Stayed in same school = 44.7% are proficient (2009) Moved schools = 11.3% are proficient (2009) Very Good article on this: School Success in Motion: Protective Factors for Academic Achievement in Homelessness and Highly Mobile Children In Minneapolis (CURA Reporter - summer 2008) Masten, Ann S., David Heistad, J. J. Cutuli, Janette E. Herbers, Jelena Obradovic, Chi-Keung Chan, Elizabeth Hinz, and Jeffrey D. Long.