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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: Amended 2017 and 2018 Housing Tax Credit Qualified Allocation Plan

Minnesota Housing is amending the 2017 and 2018 Qualified Allocation Plans. The Minnesota Housing Qualified Allocation Plan (QAP) is our plan for the distribution of Low-Income Housing Tax Credits. It combines state and federally legislated proprities and other Minnesota Housing priorities. During this comment period for the Amended 2017 QAP and 2018 QAP, you may:
  • View a description of proposed changes.
  • Submit a pre-application for determination of 4% tax credit eligibility. You will receive additional details about the pre-application process on Tuesday, November 1.
  • Provide comments at a public hearing on Wednesday, November 16 from 10:30 a.m.-12:30 p.m. at Minnesota Housing.
  • Submit written comments to or by mail to Minnesota Housing, attn: Tamara Wilson, 400 Sibley Street, Suite 300, St. Paul, MN 55101. Written comments must be received by 12:30 p.m. on Wednesday, November 16.
Questions? Contact Tamara Wilson.
2018 Procedural Manual and Documents
Application Materials
HTC Application Reference Materials
Procedures for 2016 Carryover of Housing Tax Credits
Procedure for Final Housing Tax Credit Allocation Certification - IRS Form 8609

Previous Years Manuals, Qualified Allocation Plans, Declarations, Scoresheets, Design Standards and Important Dates

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 2.
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