Housing Maintenance: Ensure the preservation and maintenance of existing housing stock.
Minneapolis’ housing stock is a city asset, not just a personal asset to the current owners. In most cases throughout the city, the current owners and inhabitants of housing are not the original owners, nor will they be the last. The housing stock is an asset that spans generations and provides shelter, stability and a place to generate wealth – a home to past, present and future generations of Minneapolitans.
Like any asset, Minneapolis’ housing stock needs to be stewarded and maintained to ensure its longevity and to allow for its ability to evolve so it can be a home to future generations. The safety and maintenance of Minneapolis’ housing are important to the success, health and happiness of the residents of Minneapolis and to the future Minneapolitans. However, it is important that alongside the City’s efforts to ensure the safety and maintenance of Minneapolis’ housing stock, it also makes every attempt to not displace the current residents of housing.
The City will seek to accomplish the following action steps to ensure the preservation and maintenance of existing housing stock.
- Promote the long-term retention of housing through maintenance.
- Provide targeted outreach to homeowners about the home maintenance needs of older homes.
- Support rental property owners and tenants in maintaining safe, code-compliant rental properties through continued enforcement of codes, the use of grants, and other incentives.
- Expand financial and technical resources for the maintenance and improvement of owner-occupied and rental properties with conditions that ensure the continued affordability of the housing units.