First-in-Nation Law Will Require Contractors to Pay Workers Prevailing Wage for Subsidized Low-Income Housing Projects in Minnesota
A new Minnesota law expands prevailing wage coverage on publicly financed housing projects. Minnesota will be the first state in the nation to mandate prevailing wages on projects funded by Low-Income Housing Tax Credits (LIHTC). Currently paying a prevailing wage is not mandated for LIHTC projects and is usually only triggered if these projects are…