Multifamily Fee Remittance Form
Effective Date: May 8, 2025
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
•	State Housing Tax Credit Program (SHTC) fees: krissi.mills@state.mn.us
•	Community Stabilization: Naturally Occurring Affordable Housing (NOAH) – Multifamily Rental Housing Program fees:  bev.wilharm@state.mn.us
•	Community Stabilization: Distressed Multifamily Rental Building Program fees:  bev.wilharm@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 Request for Proposals (RFP) and Housing Tax Credit (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.	
	Low and Moderate Income Rental (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.	
	Community Stabilization: NOAH – Multifamily Rental Housing Program Loan	$800	
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 LMIR permanent loan amount
•	0.75% of the par amount of the Bridge Loan amount	
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:
•	Low and Moderate Income Rental loans
•	Bridge loans and bond funded Bridge loans
•	Economic Development Housing Challenge (EDHC) loans
•	Emergency Rental Assistance (ERA2) Capital loans
•	Flexible Financing for Capital Costs (FFCC) loans
•	Housing Infrastructure Appropriation loans
•	Housing Infrastructure Bond loans
•	Preservation Affordable Rental Investment Fund (PARIF) 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	Fee3	
	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 Fee
Table 5: HTC Fee
Fee Enclosed	HTC Fee Type 	Fee	
	Reservation Fee	3.5% of 9% HTCs to be allocated	
	42M Preliminary Determination Fee	3.5% of 4% HTCs to be awarded	
	Carryover Fee	3.5% of 9% HTCs allocated	
	8609 Fees	3.5% of 4% and 9% HTCs awarded or 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	
	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 Enclosed	Appraisal Type 	Fee	
	As-Is Appraisal Fee – Land Only	$4,500	
	As-Is Appraisal Fee – Existing Buildings and Adaptive Reuse	$6,500	
	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 Enclosed	Program	Fee	
	WHDP Processing and Loan Fee	$7,000 fee	
State Housing Tax Credit Program (SHTC) Loan Fee (Due Upon Execution of Loan Agreement)
Applicable to proposals awarded through the SHTC RFP.
Table 8: SHTC Loan Fee (Due Upon Execution of Loan Agreement)
Fee Enclosed	Program	Fee	
	SHTC Processing and Loan Fee	Greater of $5,000 or 1% of award amount	
Community Stabilization: Naturally Occurring Affordable Housing (NOAH)- Multifamily Rental Housing Program Fees 
Table 9: NOAH Loan Fee
Fee Enclosed	Loan Fee	Fee	
	Community Stabilization: NOAH – Multifamily Rental Housing Program Loan Fee 	The greater of $10,000 or .5% of the loan amount up to a maximum of $50,000.
Fee is due at closing	
Table 10: NOAH Loan Fee – if Project requires Construction Oversight, include the following: 
Fee Enclosed	Construction Oversight Fee	Fee	
	Community Stabilization: NOAH – Multifamily Rental Housing Program loan less than or equal to $500,000	$25,000	
	Community Stabilization: NOAH – Multifamily Rental Housing Program loan between $500,000 and $1,000,000	$50,000	
	Community Stabilization: NOAH – Multifamily Rental Housing Program loan is $1,000,000 or more	$75,000	
The Loan Fee and the Construction Oversight Fee is a flat fee based on the Community Stabilization: NOAH – Multifamily Rental Housing Program loan amount at the time of construction loan closing.
Community Stabilization: Distressed Multifamily Rental Building (Distressed Building) Program Fees
Table 11: Distressed Building Loan Fee
Fee Enclosed	 Loan Fee 	Fee	
	Community Stabilization: Distressed Multifamily Rental Building Loan Fee 	$10,000
Fee is due at closing 	
Table 12: Distressed Building Loan Fee – if Project requires Construction Oversight, include the following: 
Fee Enclosed	Construction Oversight Fee	Fee	
	Total Community Stabilization: Distressed Multifamily Rental Building Program loan less than or equal to $500,000	$10,000	
	Total Community Stabilization: Distressed Multifamily Rental Building Program loan between $500,000 and $1,000,000	$15,000	
	Total Community Stabilization: Distressed Multifamily Rental Building Program loan is $1,000,000 or more	$20,000	
The Loan Fee and the Construction Oversight Fee is a flat fee based on the Distressed Multifamily Rental Building Program loan amount at the time of construction loan closing.
For Minnesota Housing Use Only
Date Payment Received:      
Initials:      
Amount Received: $     
Check Number:      
Minnesota Housing D#: