In 1981, Minneapolis was facing an affordable housing crisis. Rents had risen 61 percent in the five years since the repeal of Nixon-era rent controls; they were expected to increase another 10 percent the following year. A number of condominium conversions had decreased available units, and the city’s vacancy rate had fallen from 4 to 3.4 percent. With rent increasing as much as 7.6 percent in just a few months, tenants found that they could not survive.