Associated Press, Published April 03 2012
Tax credits ease White Earth reservation housing crunchWHITE EARTH, Minn. (AP) — A federal program that provides tax credits for investors who build homes on the White Earth Indian Reservation is easing a chronic housing shortage for tribal members.
Thirty families are living in new homes this spring because of the program. The tribe hires contractors to build two- and three-bedroom homes with money from private investors who receive a 10-year tax break. After 15 years, the tribe will own the homes. It will then decide whether to transfer ownership to individuals or continue to rent them.
Minnesota Public Radio News says about 9,200 of White Earth's 20,000 members live on the northern Minnesota reservation where housing is a mix of single-family homes and apartment buildings. The tribal housing authority manages about 310 units and has a waiting list of about 200 families.
Information from: Minnesota Public Radio News, http://www.mpr.org
Copyright 2012 The Associated Press.