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The Community Homeownership Impact Fund

The Community Homeownership Impact Fund (Impact Fund) provides funding for developers and administrators of single family, owner-occupied affordable housing activity throughout the state. Funding is provided through the competitive Single Family Request for Proposals (RFP) process.

Program Description
2023 Selected Projects

The 2024 Single Family RFP is now open and RFP materials are below. Applications are due Thursday, July 11, 2024, at 12:00 noon CST.

2024 Single Family Request for Proposals (RFP)

2024 Single Family Request for Proposal

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Application Materials

General Application

All applicants must complete the General Application and applicable Risk Assessment form. Nonprofit organizations and for-profit business entities must also complete the applicable Internal Controls Certification form.

Additional Submission Items by Proposal Housing Activity Type

Only complete the applicable Activity Section(s).

New Community Land Trust applicants that have not applied through the Single Family RFP previously must complete the Community Land Trust Supplemental Application.

Acquisition/Rehabilitation/Resale Housing Activity Section

Stand-Alone Affordability Gap Activity Section

New Construction Activity Section

Owner-Occupied Rehabilitation Activity Section (includes CFUL Write Down)

Tribal Indian Housing Program (TIHP) Activity Section

Supplemental Application

Community Profiles and Methodology Documents

Co-Funder Information

Single Family Green Communities Resources

Impact Fund Training

Impact Fund Training

Impact Fund RFP Technical Assistance

Community Profiles

In the Community Profiles, Minnesota Housing uses 24 indicators to identify communities by housing need. While the need for more affordable housing is substantial and increasing in Minnesota, limited resources are available to meet the need. The Community Profiles offer one tool to assist in guiding investment decisions to maximize impact.

Cross-Agency Training - Address Gaps in your Community: Leverage Multiple Home Improvement Programs

Green Resources

Questions?

For more information, contact Impact.Fund.mhfa@state.mn.us.

In connection with Single Family Division loan programs, Minnesota Housing does not make or arrange loans. It is neither an originator nor creditor and is not affiliated with any Lender. The terms of any mortgage finance transactions conducted in connection with these programs, including important information such as loan fees, the annual percentage rate (APR), repayment conditions, disclosures, and any other materials which are required to be provided to the consumer are the responsibility of the Lender.