Minnesota Housing is now accepting applications for the Family Homeless Prevention and Assistance Program (FHPAP). The program’s goal is to eliminate homelessness, reduce the length of time households are homeless, and prevent future episodes of homelessness. We anticipate $17,038,000 in grant funds for the biennium period of July 1, 2017 – June 30, 2019. The actual availability and amount are contingent upon the 2017 Minnesota Legislature’s approval. Applications are due by 4:30 p.m. on March 29, 2017.
To make sure that Minnesota Housing achieves our goal of reaching all potential applicants in greater Minnesota, we are again accepting applications for the Community Housing Development Organization (CHDO) Capacity Building Program. The program's goal is to grow our robust statewide network of mission-driven nonprofit development organizations that reflect our communities. Applications are due by 5:00 p.m. on March 3, 2017. Click here for detailed program information.
Minnesota Housing is now accepting applications for Round 2 of the 2017 Housing Tax Credit Program. There is approximately $201,000 in tax credits available in Round 2.
All applicants must submit the Intent to Apply form, supporting documentation and the appraisal fee (if applicable) by February 14, 2017 at 5:00 p.m. Full applications are due February 28, 2017 at 5:00 p.m.
Funding is now available to provide safe, stable and affordable housing for victims of gender-based violence from emerging communities. A one-time appropriation of $500,000 is available to fund this pilot program. Applications are due by Monday, February 27, 2017 at 4:30 p.m.
Minnesota Housing offers amortizing mortgage loans for multifamily rental housing under both HUD Multifamily Accelerated Processing (MAP) programs Section 221(d) and 223(f), and the Low and Moderate Income Rental (LMIR) program. We provide financing for new construction, substantial rehabilitation, refinance and acquisition of multifamily rental housing through our LMIR program and the HUD MAP lending programs. These financing products are available year-round, outside the annual Consolidated RFP.
As a leading lender in affordable rental housing, Minnesota Housing works with clients to structure financing packages that meet the goals for the property and their portfolio. Review our term sheets below to help you understand the products we offer, and contact Diana Lund to discuss your financing needs.