Star Tribune Editorial Urges Action Based on IMO Report

The Minneapolis Star Tribune editorial board urges action based on a recent IMO report. The piece includes, "That’s why a report from the University of Minnesota’s Institute on Metropolitan Opportunity is so troubling, with its findings that precious federal tax credits originally intended for low-income housing instead have gone to costly rehabs of historic buildings housing mostly white artists. Lobbyists in 2008 got artists’ lofts exempted from the requirement to use affordable housing tax credits for the general public, kicking off a boom in such housing."