Senate Housing and Homelessness Prevention Committee Hears Senator Seeberger’s Bill Strengthening Rental Protections for Seniors

ST. PAUL, Minn. — On Thursday, February 29th, the Senate Housing and Homelessness Prevention Committee heard Senator Seeberger’s SF 3625 – a bill that would limit rent increases on senior housing projects that take advantage of Low Income Housing Tax Credits from the federal government.

Following the hearing, Senator Seeberger (DFL-Afton) released the following statement:

“In recent years, large housing developers have taken advantage of seniors by increasing their rent lucratively – in some cases over 12% in one year, according to reports. If these large corporations want to take advantage of tax credits, they should not be raising rents to unaffordable levels. Minnesotans should be able to enjoy their golden years. They should not have to worry about making ends meet on a fixed income. These reasonable limitations will provide our parents, grandparents and neighbors with more stability, prevent senior homelessness and save lives. I am proud that this bill has bipartisan support in the Senate and I look forward to its passage.

Senate File 3625 was laid over during the committee hearing for possible inclusion in an omnibus bill later in the legislative session.

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Senator Judy Seeberger represents Senate District 41 which includes Afton, Cottage Grove, Hastings, and Lake Elmo. She is vice chair of the Commerce and Consumer Protection Committee, and serves on the Agriculture, Broadband, and Rural Development Committee as well as the Judiciary and Public Safety Committee.

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