Minnesota Housing and the Minnesota Department of Human Services (DHS), Adult Mental Health Division, announce the availability of $400,000 in grant funds through the Bridges program for the term April 1, 2014 to June 30, 2015.
The Bridges program provides a temporary housing subsidy for persons with a serious mental illness and who are eligible to receive a Section 8 Housing Choice Voucher or other federal permanent housing subsidy.
The purpose of the program is to maintain and foster the integration of persons with a serious mental illness into their communities through a partnership of housing subsidy and supportive services.
The funds will be provided in the form of a grant and may be considered for renewal, subject to performance review and availability of funds.
A housing agency which is able to administer a Section 8 rental assistance type program, and which is partnered with an AMHI or Tribal mental health agency, may submit an application. Bridges rental assistance is limited to counties and tribal areas in which an existing Section 8 Housing Choice Voucher or NAHASDA program is administered under the jurisdiction of the U.S. Department of Housing and Urban Development (HUD).
The deadline for application is Tuesday, January 7, 2014 at 4:00 p.m.
Up to $4.5 million is immediately available through a network of Local Administrators.
Preserving Minnesota's Aging Housing Stock
Minnesota is launching a new preservation program that is well suited to help building owners in greater Minnesota stabilize small-medium size rental properties. The program provides zero interest deferred loans of up to $300,000 for property improvements for aging properties. Greater Minnesota contains 40% of Minnesota’s rental housing stock, an estimated 223,500 units. This important supply of rental housing stock is also aging with 2/3 of rental units built before 1980 and 1/3 of which were built before 1960.
Funding being sought through the Pipeline process must be the final source needed to complete the financing package. Additionally, proposals must face one of the following risks which preclude applying thru the Consolidate RFP:
The proposal has existing funding commitments that cannot be extended and will be otherwise lost.
The proposal is for immediate emergency repairs threatening the health and safety of existing tenants.
The proposal documents a unique housing opportunity that would be lost and that advances Minnesota Housing strategic priorities as outlined in the RFP Guide.
For operating subsidy funding (if available), the applicant must be the owner of the development that is funded with an Minnesota Housing loan or grant, and be experiencing a revenue shortfall that would cause the development to default on existing loans and/or to go into foreclosure and for which funding from another source cannot be obtained.
In addition to the Application submissions requirements found on the Application Checklist, Pipeline Application Packages must include a letter stating how the proposal meets the Pipeline processing criteria and describe the reason why the proposal must be processed prior to the next funding round. Additionally, if the Application Package is being resubmitted because it was not selected for funding previously, then the applicant should detail how identified deficiencies have been addressed in the current Application Package.