Funding is now available to create or expand risk mitigation programs to reduce landlord financial risks when renting to people with barriers to housing. A one-time appropriation of $250,000 is available to fund this pilot program. Applications are due by Monday, January 30, 2017 at 4:30 p.m.
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.