In a report highlighted by Minneapolis city officials, comprising Mayor Jacob Frey, Council Member Jeremiah Ellison, and other city leaders, it seems that Minneapolis is at the forefront of tackling affordable housing challenges in the nation. The document, titled "The Way Home: 2021-2023 Progress Report," showcases the strides the city has taken as a part of its larger Minneapolis 2040 Comprehensive Plan, according to the Minneapolis, City of Lakes. The focal point of the success story is the creation of 4,679 affordable housing units funded by nearly $365 million since 2018. By these numbers, Minneapolis has significantly increased its output compared to previous years’ averages.

During the accentuation of the report, Mayor Frey underscored the city's initiatives and progress. "Through the tireless efforts of our Community Planning & Economic Development (CPED) staff and the implementation of the Minneapolis 2040 Plan, Minneapolis has set the national standard for how cities address affordable housing,” Mayor Frey said, as stated by the Minneapolis, City of Lakes. “The Way Home illustrates our commitment to ensuring that every Minneapolis resident has a safe, dignified, and affordable place to call home. This historic work is just the beginning—we are constantly innovating and delivering as we shape the future of housing.”

The milestones achieved under "The Way Home" report have been categorized into seven main strategies, including efforts to increase overall housing supply, enhance the affordability of rental housing, and improve access to homeownership, particularly for lower-income residents and people of color, as detailed by the Minneapolis, City of Lakes. The report also details the city's plans to address homelessness and the utilization of public land for housing solutions. CPED Director Erik Hansen expressed confidence in the ongoing work: “The Way Home reflects the dedication and innovation of our team and partners in addressing the urgent need for affordable housing in Minneapolis,” Hansen said. “Our work is a testament to the power of collaboration and our unwavering commitment to creating a more equitable city." The various strategies hinge on the collective principle of providing safe and dignified housing for all Minneapolis residents.

For a closer look at the specifics of these strategies, the "The Way Home Report: 2021-2023 Progress Report" is publicly available and offers insight into the city's future housing initiatives.