Minnesota recently adopted a first-in-nation law that requires contractors to pay prevailing wage for subsidized housing projects in the state.
This action makes Minnesota the first state in the nation to mandate prevailing wages on projects funded by federal 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 coupled with other funding streams that require prevailing wages.
Prevailing wage laws establish minimum wage and benefit levels based on the wages paid for similar jobs in the county where the construction project is taking place. The new law also increases contracting transparency, extends Minnesota’s responsible contractor law, and holds developers accountable for wage-theft and other forms of worker mistreatment.
Related Stories
Architects | Nov 9, 2021
Download BD+C’s 2021 Design Innovation Report
AEC and development firms share where new ideas come from, and what makes them click.
Architects | Nov 9, 2021
Download BD+C’s 10 Predictions for the Construction Industry in 2022
Our prognostications focus on how AEC firms will streamline and modernize their projects and operations.
Movers+Shapers | Nov 7, 2021
Passage of $1.2 trillion infrastructure bill expected to spur stronger construction activity
AEC firms see federal investment as historic
Contractors | Nov 4, 2021
Coping with labor and material shortages in construction
Learn how New York-based Denham Wolf Real Estate Services is helping its nonprofit builder clients minimize delays and cost overruns from labor and materials shortages. Ron Innocent, Director of Project Management with Denham Wolf Real Estate Services sits down with BD+C's John Caulfield.
Contractors | Nov 3, 2021
RC Andersen Construction to join the STO Building Group
Merger extends both firms’ capabilities for clients in the industrial/distribution sector.
Contractors | Nov 2, 2021
Building profits: Working with a construction-cost manager
Working with an independent cost manager may be a new concept for some owners, but it holds promise of saving them money and time.
Contractors | Oct 29, 2021
A grim Market Outlook foresees more shortages that impede construction
Consigli’s new report, though, does offer glimmers of relief on the supply-chain front, and strategies for risk management.
Sustainability | Oct 28, 2021
Reducing embodied carbon in construction, with sustainability leader Sarah King
Sustainability leader Sarah King explains how developers and contractors can use the new EC3 software tool to reduce embodied carbon in their buildings.
Cladding and Facade Systems | Oct 26, 2021
14 projects recognized by DOE for high-performance building envelope design
The inaugural class of DOE’s Better Buildings Building Envelope Campaign includes a medical office building that uses hybrid vacuum-insulated glass and a net-zero concrete-and-timber community center.
Giants 400 | Oct 22, 2021
2021 Retail Giants: Top architecture, engineering, and construction firms in the U.S. retail building sector
Gensler, CallisonRTKL, Kimley-Horn, and Whiting-Turner top BD+C's rankings of the nation's largest retail sector architecture, engineering, and construction firms, as reported in the 2021 Giants 400 Report.
