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Tim Walz: “We invested over a billion dollars in housing.”

Featuring: Tim Walz, Democratic | Governor of Minnesota

Gov. Walz speaks at State of the State address [FULL SPEECH]

Published April 28, 2026 | Video Starts at 18:05

We've also lowered taxes for small businesses and we have made Social Security tax exempt for more than three quarters of Minnesotans. Meanwhile, We invested over a billion dollars in housing. A historic investment. That is a historic investment that you made, making housing more affordable and our economic foundation more secure in communities all across the state. (18:05–18:09)

CLAIM

Asserts that over a billion dollars have been invested in housing in Minnesota.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Tim Walz

“We've made college free for students with family income under 80,000 dol.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 14:30-14:35
“Our nation leading child tax credit is cutting child poverty in Minnesota by up to a third.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 15:05-15:09
“During the first two years of Minnesota's free school meals programs, we have served over 300 million free meals.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 15:54-16:00
“We have made Social Security tax exempt for more than three quarters of Minnesotans.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 17:50-17:57
“Removing lead pipes from every single home across our state.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 21:14-21:18
“We've taken a responsible path and worked together to get Minnesota on 100% clean energy by 2040.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 21:37-21:44
“We lost the most consequential speaker in Minnesota's history and the most talented legislator I have ever known.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 08:00-08:07
“We suffered another grievous loss in the mass shooting at the Annunciation Church in Minneapolis.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 09:32-09:39
“We experienced an unthinkable federal invasion of our state.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 09:59-10:03
“For months, armed lawless gangs roamed our communities in a campaign of organized brutality.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 10:03-10:10
“Minnesotans who had done nothing wrong were subjected to racial profiling and unlawful detentions.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 10:15-10:21
“We lost two more of our neighbors, Renee Goode and Alex Preddy.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 10:23-10:27
“The state of our state remains strong.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 10:33-10:36
“We would be hit by a once in a century global pandemic that would claim the lives of over 17,000 of our Minnesota neighbors.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 12:30-12:39
“Our schools have never been in better shape, as evidenced by our record high graduation rates.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 13:40-13:44
“I've had the privilege of signing into law the most consequential education budgets to come out of this chamber in our state's history.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 13:45-13:51
“We've invested more than $1 billion in childcare and early learning opportunities.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 14:15-14:21
“We've added thousands of pre K seats.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 14:20-14:23
“Saving Minnesota families an average of $1,000 per student per year.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 16:01-16:06
“I'm proposing a significant expansion of the Dependent Care Tax Credit for more than 100,000 Minnesota families.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 16:30-16:40
“Lowering the cost of child care by $3,000 for families with one child and $6,000 for families with more.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 16:40-16:49
“I've cut taxes in nearly every single budget that I've proposed and signed.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 17:34-17:39
“We've delivered rebate checks up to $1300, putting more money directly into the pockets of students, seniors and working class families.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 17:39-17:48
“We've taken on medical debt, preventing it from impacting credit scores.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 18:33-18:38
“We've taken actions to significantly lower the cost of prescription drugs, specifically insulin.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 19:07-19:13
“I proposed to cut the statewide sales tax for the first time in our State history.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 19:28-19:33
“This budget also includes $33 million for permanent supportive housing.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 19:36-19:41
“34 million to help first time home buyers afford that down payment.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 19:43-19:48
“This budget prioritizes resources to help families and businesses get back on track, including $10 million of partially forgivable loans.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 20:06-20:16
“We've made the largest investments in infrastructure that Minnesota has ever seen.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 20:54-21:00
“I've had the privilege of signing over 40 different climate initiatives that this body passed.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 21:53-22:07
“We've also taken nation leading action on forever chemicals, which makes everyone healthier.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 22:22-22:29
“This session I'm asking you to pass a bonding bill, an additional $907 million investments in our state's infrastructure.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 22:33-22:42
“We're proposing a social media tax not on users, but on big tech companies making billions off our data.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 23:49-23:57
“I'd also like to propose the establishment of a new Governor's Council on the Future of AI Economy.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 24:20-24:25
“Reproductive freedom is under attack in states across this country, but here in Minnesota, it is an ironclad right.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 25:31-25:40
“Here in Minnesota, we've instituted protections including the right to gender affirming care.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 26:04-26:09
“You passed a voting Rights act of our own, prohibiting standards that would deny our lim.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 26:56-27:02
“We've established automatic voter registration.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 27:31-27:35
“We restored the franchise to 55,000 previously incarcerated Minnesotans who have already paid their debt.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 28:00-28:10
“We have dramatically improved tribal relations and restored the Upper Sioux Agency State park to its rightful owners.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 28:54-29:03
“We've expanded the freedom of our workers to balance career and family, ensuring paid sick days, banning non-compete agreements and…”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 29:18-29:29
“We established the nation-leading paid family leave program.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 29:45-29:51
“Since Paid Leave successfully launched on January 1, we've approved more than 54,000 applications for people to take time off.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 30:02-30:17
“I have signed bills that established red flag laws, expanded background checks, increased criminal penalties for straw purchasing guns, and…”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 30:41-30:58
“I became the first governor in Minnesota history to take executive action focused specifically on gun violence prevention by creating the…”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 31:14-31:27
“We can and must ban weapons of war and high capacity magazines.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 32:04-32:10
“We must implement a firearm insurance requirement.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 32:46-32:50
“We must close the ghost gun loophole.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 32:58-33:01
“We've raised the age to purchase tobacco to 21.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 33:14-33:18
“We provided hundreds of millions of dollars to public safety institutions across the state to combat crime.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 33:19-33:24
“We legalized adult use cannabis and expunged non-violent convictions.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 33:24-33:29
“We've increased funding for victims of crime and we've transformed the prison system.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 33:24-33:29
“In February, I introduced a comprehensive anti-fraud package that we began to implement.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 35:02-35:08
“Statistics show [fraud is] happening in red states more than here [in Minnesota].”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 35:40-35:42
“I proposed a package that strengthens detection, strengthens oversight, uses sophisticated analytics to identify suspicious activity more…”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 36:02-36:12
“This bill increases criminal penalties for defrauding taxpayers, and it establishes a centralized office to lead our statewide fraud…”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 36:18-36:28
“I've rolled out a proposal to transform the entire human services system, a major structural overhaul.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 36:28-36:35
“This proposal would also modernize Medicaid administration, consolidate administrative functions, and initiate independent reviews to…”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 36:55-37:05
“I signed an executive order establishing the Governor's Council to document the impact of Operation Metro Surge.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 40:00-40:08
“Our work in St. Paul, right here, is simply to make our state a place worthy of the incredible people who live in this state.”
Gov. Walz speaks at State of the State address [FULL SPEECH] | Uploaded April 28, 2026 | 42:47-42:56