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Housing Tax Credits

The Low-Income Housing Tax Credit (HTC) Program is a financing program for qualified residential rental properties. The HTC program offers investors a 10-year reduction in tax liability in exchange for capital to build eligible affordable rental housing units in new construction, rehabilitation, or acquisition with rehabilitation.

Notice of Public Hearing on 2016 Housing Tax Credit Allocation Plan

Minnesota Housing has published a draft of the proposed 2016 Housing Tax Credit Qualified Allocation Plan (QAP), and is seeking public comment on these proposed amendments through a public hearing.  Proposed modifications for the 2016 QAP and the notice of public hearing, are both available for review below

2016 QAP Proposed Changes

2016 QAP Public Hearing Notice

Tamara Wilson


Housing Tax Credits Round 2

2014 HTC Round 2 Applicants

2014-15 Allocation Information
Application Materials
HTC Application Reference Materials
2014 Carryover Procedural Documents
Procedure for Final Housing Tax Credit Allocation Certification - IRS Form 8609 and Section 1602 Form 8609

Previous Years Manuals, Qualified Allocation Plans, Declarations, Scoresheets, Design Standards and Important Dates
2008-2013 Procedural Manuals and Documents

Compliance Monitoring
Housing Tax Credit Compliance - Overview, Dates, Manual, Owner and Tenant Certification Forms

Changes in Ownership or Proposed Development
Minnesota Housing strongly discourages the transfer of ownership or any material project or building design changes for developments that have been awarded tax credits. Any unapproved transfers or changes could be penalized by the complete or partial loss of tax credits as well as the assessment of penalty points. If an owner wishes to change or transfer ownership, the following forms must be submitted to Minnesota Housing for approval along with a transfer fee and the other documentation described in the Procedural Manual, Chapter 3.
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