Community Stabilization: Naturally Occurring Affordable Housing – Multifamily Rental Housing Program
The Community Stabilization Program was established pursuant to Minnesota Laws 2023, chapter 37, article 1, section 2, subdivision 29 and Minnesota Laws 2023, chapter 37, article 2, section 6 as a one-time program to preserve Naturally Occurring Affordable Housing.
Minnesota Laws 2024, chapter 127, article 14, section 11 amended the appropriation for the Community Stabilization Program, specifying that $41,750,000 is to be used for multifamily rental housing. The $41,750,000 will be distributed as loans through a competitive Community Stabilization: Naturally Occurring Affordable Housing – Multifamily Rental Housing Program (NOAH Multifamily Program) request for proposals (RFP) process.
The NOAH Multifamily Program RFP is now open!
NOAH Multifamily Program RFP
Minnesota Housing is now accepting applications for the NOAH Multifamily Program RFP. Application materials must be received by 12:00 p.m. (noon) Central time on Thursday, July 24, 2025, to be considered for funding.
Applicants must submit all required items on the Application Checklist using the Multifamily Secure Upload Tool. Visit Minnesota Housing’s Partner Login webpage and review the Secure Upload Tool Instructions for more information on how to submit the required items.
There is no limit to the number of applications that can be submitted by a single Applicant; however, an Applicant may only submit one application per project.
Submitted applications are considered final. Late applications will not be considered; incomplete
applications may not be considered, and resubmission may not be allowed during this funding round. Minnesota Housing, at its sole discretion, may request additional information or clarification.
NOAH Multifamily Program RFP Information Session
Wednesday, May 21, 2025
10:00-11:00 a.m. Central Time
This information session will provide an overview of RFP content, including the application instructions and application form, and allow time for questions.
For accessibility accommodations, call 651.707.4040 or email Ben Eggersdorfer at ben.eggersdorfer@state.mn.us by Wednesday, May 14, 2025.
If you are unable to attend the virtual information session, it will be recorded and available on this webpage at a later date.
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