Multifamily Fee Remittance Form
Effective Date: February 20, 2024
Instructions: Complete this form and submit it, along with all supporting documentation (as applicable), with your payment. If you are paying for multiple developments with a single check complete one form for each development. All fees are non-refundable.
This form along with applicable payment can be mailed to the following address:
Minnesota Housing
Attn: Multifamily Division
400 Wabasha St. N., Suite 400
St. Paul, MN 55102
Forms and payments can also be delivered in person to the Minnesota Housing office. To arrange a time for in-person delivery email the following:
•	Multifamily Consolidated Request for Proposals (RFP), Housing Tax Credits (HTC), Low and Moderate Income Rental (LMIR) and other fees: htc.mhfa@state.mn.us
•	LMIR fees outside of the Multifamily Consolidated RFP: michael.tobias@state.mn.us
•	Workforce Housing Development Program (WHDP) fees: sara.bunn@state.mn.us

Development Name:      
Date:      
Minnesota Housing HTC Number:      
Minnesota Housing Development Number:      
Application Fee
Table 1: Application Fee
Fee Enclosed 	Application 	Fee	
	Multifamily Consolidated RFP and HTC Round 1 and New Applications to HTC Round 2	$800	
	HTC Round 2 – Resubmitted Application (Supplemental Fee)	$350 – Applicants who are resubmitting an application from HTC Round 1 of the same Multifamily Consolidated RFP/HTC Round 1 allocation year only need to pay the supplemental fee; new applications for HTC Round 2 must pay the full application fee	
	LMIR Loan	$250 – Only for requests submitted outside of the annual Multifamily Consolidated RFP/HTC Round 1; applications submitted in the Multifamily Consolidated RFP/HTC Round 1 do not have a separate LMIR application fee	
Minnesota Housing LMIR First Mortgage, Bridge Loans and Tax-Exempt Issued Bonds Fee
Table 2: Minnesota Housing LMIR First Mortgage, Bridge Loans and Tax-Exempt Issued Bonds Fee
Fee Enclosed	Program or Issuance 	Fee	
	LMIR Origination Fee	2% on first $5 million in financing, and 1% on amounts above $5 million or $25,000, whichever is greater	
	LMIR Bridge Loan Origination Fee	0.5% of the bridge loan/bond amount	
	Tax-Exempt Bond Issuance Fee	$100,000 plus:
•	1% of the par amount of the long-term bonds
•	0.75% of the par amount of the short-term bonds	
Housing Infrastructure Bonds (HIB) Loans Fee
Table 3: Housing Infrastructure Bonds (HIB) Loans Fee
Fee Enclosed	Program 	Fee	
	HIB Origination Fee	1% of the first $5 million in financing and 0.5% on amounts above $5 million; the minimum HIB origination fee is $10,000	
Amortizing and Deferred Loan Closing and Construction Oversight Fee
The Loan Closing and Construction Oversight Fee applies to any project with one or more of the following Minnesota Housing loans:
•	LMIR loans
•	Bridge loans and bond funded Bridge loans
•	Housing Infrastructure loans
•	Economic Development Housing Challenge (EDHC) loans
•	Preservation Affordable Rental Investment Fund (PARIF) loans
•	Flexible Financing for Capital Costs (FFCC) loans
The Closing and Construction Oversight Fee is a flat fee based on the total amount of Minnesota Housing loans at the time of construction closing.
Table 4: Amortizing and Deferred Loan Closing and Construction Oversight Fee
Fee Enclosed	 Loan Amount	Fee	
	Total Minnesota Housing loans less than or equal to $500,000	$25,000	
	Total Minnesota Housing loans between $500,000 and $1,000,000	$50,000	
	Total Minnesota Housing loans more than or equal to $1,000,000	$75,000	
HTC or HTC in Conjunction with Tax-Exempt Bonds Fee
Table 5: HTC or HTC in Conjunction with Tax-Exempt Bonds Fee
Fee Enclosed	HTC Fee Type 	Fee	
	Reservation Fee	3.5% of HTC allocated	
	Carryover Fee	3.5% of HTC allocated	
	8609 Fees	3.5% of HTC allocated	
	Carryover and 8609 Late Fee	$1,000 plus an additional penalty fee of $200 for each business day past due	
	HTC Transfer Fee of Ownership	$2,500	
	Preliminary Determination Fee	3.5% of HTC requested	
	Qualified Contract Processing Fee	$5,000	
	Reallocation Processing Fee	$15,000 plus resubmission of the carryover fee	
Appraisal Fee (Due Upon Request)
Table 6: Appraisal Fee (Due Upon Request)
Fee Submitted	Appraisal Type 	Fee	
	As-Is Appraisal Fee – Land Only	Contact your assigned Minnesota Housing staff	
	As-Is Appraisal Fee – Existing Buildings and Adaptive Reuse	Contact your assigned Minnesota Housing staff	
	As-Complete Appraisal Fee	$10,000 deposit	
NOTE: If the commissioned appraisal cost is lower or higher than the deposit, Minnesota Housing will reimburse the excess amount to the applicant after the appraisal is complete or will request additional funds before commissioning the appraisal.
Workforce Housing Development Program (WHDP) Loan Fee (Due Upon Execution of Loan Agreement)
Table 7: WHDP Loan Fee (Due Upon Execution of Loan Agreement)
Fee Submitted	 Program	Fee	
	WHDP Processing and Loan Fee	$7,000 fee	

For Minnesota Housing Use Only
Date Payment Received:      
Initials:      
Amount Received: $     
Check Number:      
Minnesota Housing D#: