Housing News
Take Action: Support SF2423 – African American Workforce & Affordable Homeownership
March 17th, 2025
On Tuesday, March 18 at 12:30 p.m., the Minnesota Senate Housing Committee will hold a hearing on SF2423, the African American Workforce & Affordable Homeownership bill. This critical legislation, championed by Senate President Bobby Joe Champion, invests in closing Minnesota’s staggering racial homeownership gap and creates lasting pathways to generational wealth for Black Minnesotans.
Why This Matters
Minnesota has one of the worst homeownership disparities in the nation.
- More than 70% of Minnesota households own their home, but fewer than 30% of Black Minnesotans doCMAH – Support Black Homeowners….
- 60% of Black Minnesotans are cost-burdened, paying more than they can afford for housing—double the statewide averageCMAH – Support Black Homeowners….
- Black children are disproportionately affected, with nearly half of Black children in Minnesota living in households that spend more than 30% of income on housingCMAH – Support Black Homeowners….
- Homes in majority-Black neighborhoods are undervalued by $48,000 per home on average, stripping Black communities of equity and wealthCMAH – Support Black Homeowners….
These inequities perpetuate segregation, wealth gaps, and housing instability across generations. Without action, the gap will only widen.
What SF2423 Does
SF2423 establishes the African American Workforce & Affordable Homeownership Program. This initiative:
- Expands Black Homeownership – Provides funding for affordable single-family and multifamily homeownership projects for African American households earning 80% or less of the state median incomeSF2423-0 aa workforce and affor…Workgroup – AA Workforce Afford….
- Invests in Black Workforce Development – Supports African American-led construction training, job placement, and business development programsWorkgroup – AA Workforce Afford….
- Strengthens Community-Led Solutions – Funds land acquisition, rehabilitation, and new construction while empowering African American-led housing organizationsSF2423-0 aa workforce and affor….
- Builds Generational Wealth – Creates stable homeowners who contribute to Minnesota’s economy and pass down assets to future generationsCMAH – Support Black Homeowners….
This bill isn’t about handouts. It’s about removing systemic barriers, creating opportunity, and building economic independence.
How You Can Help
We need your voice to ensure this bill moves forward. Here’s how you can act today:
- Contact Your Legislators
- Call or email your State Senator and State Representative.
- Urge them to support SF2423. Find your legislators here.
- Email the Senate Housing Committee
- Send a message of support to Committee Administrator Courtney Schaff at Courtney.Schaff@mnsenate.gov.
- Please cc Theo.Rose@state.mn.us (Council for Minnesotans of African Heritage).
- Show Up
- Attend the hearing:
📅 Tuesday, March 18, 2025
🕧 12:30 p.m.
📍 Room 1150, Minnesota Senate Building
- Attend the hearing:
- Spread the Word
- Share this post and the SF2423 Factsheet with your networks.
- Encourage family, friends, and colleagues to make their voices heard.
Together for Equity
Homeownership is the foundation of strong families, thriving communities, and generational wealth. For too long, Black Minnesotans have been locked out of this opportunity. SF2423 is our chance to change that.
Call. Email. Show up. Together, we can make homeownership equity a reality.