Twin Cities homebuilding gains are held back by shortage of construction workers – Companies focus on apartments as single-family homes are ebbing

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news-twin-cities-homebuilding-house
Minneapolis was once again the busiest city for builders in Minnesota.

Three months into the year, housing construction in the Twin Cities has been dominated by apartments as builders struggle to find enough workers and sites for single-family houses.

So far this year, 1,294 permits have been issued to build 3,118 units, according to data released Thursday from the Keystone Report for Housing First Minnesota.

Read moreTwin Cities homebuilding gains are held back by shortage of construction workers – Companies focus on apartments as single-family homes are ebbing

Home Depot giving $50M for construction skills training

DIVE BRIEF:
The Home Depot announced Thursday that its charitable arm, The Home Depot Foundation (HDF), will donate $50 million during the next 10 years to prepare 20,000 new workers for careers in the construction industry, according to a company press release. Students will be instructed in carpentry, framing, electrical, plumbing and other trades.

Read moreHome Depot giving $50M for construction skills training