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HOME Investment Partnerships (HOME) and National Housing Trust Fund (NHTF)

The HOME Investment Partnerships (HOME) Program OverviewMoreLess

The HOME Investment Partnerships (HOME) Program Overview

The program can either preserve or increase the supply of decent, safe and sanitary
affordable housing for low-income individuals and families. For preservation projects,
Minnesota Housing gives priority in its Multifamily Consolidated RFP to projects faced with risk of opt-out
from federal subsidy programs (for example, Section 8). The HOME Program provides financing for any
of the following activity types:

  • New Construction
  • Acquisition with rehabilitation
  • Rehabilitation without acquisition
The National Housing Trust Fund (NHTF) Program OverviewMoreLess

The National Housing Trust Fund (NHTF) Program Overview

Provides opportunities to increase or preserve the supply of multifamily rental housing for extremely low- and very low-income families, including families experiencing homelessness.

This program provides funding to add a supply of affordable housing to markets where there is
strong evidence of an inadequate supply. The primary benefit of the NHTF Program will be the
reduction of the number of families and individuals experiencing homelessness as well as a reduction in the number of families paying a disproportionate share of their income for housing. The NHTF Program provides financing for any of the following activity types:

  • New Construction
  • Acquisition with rehabilitation
  • Rehabilitation without acquisition
  • Operating Cost Assistance with one of the above activity types

Guides and Manuals

  • HOME Investment Partnerships (HOME) and National Housing Trust Fund (NHTF) Guides:
Build America, Buy America (BABA)MoreLess

Build America, Buy America (BABA)

The Build America, Buy America (BABA) Act was signed into law on November 15, 2021, as part of the Infrastructure Investment and Jobs Act (IIJA) as sections 70901-52 of Pub. L. No. 117-58. IIJA created an incentive to increase domestic manufacturing across the country through the inclusion of BABA’s Buy America Preference (BAP). In general, the BAP requires that all iron, steel, manufactured products, and construction materials used in infrastructure projects, including housing construction and rehabilitation, funded with federal financial assistance (FFA) must be produced in the United States.

BABA requirements apply to any projects awarded HOME or NHTF Program funds from Minnesota Housing from Federal Fiscal Year 2024 or later. Contact Minnesota Housing staff to confirm whether your project is subject to BABA requirements.

Guides and Resources

Pre-Construction Due Diligence Forms

  • Project Team Checklist - coming soon
  • Waiver Request Form - coming soon
Pre-Construction Due Diligence FormsMoreLess

Pre-Construction Due Diligence Forms

Buy America, Build America (BABA)

Build America, Buy America Pre-Construction Due Diligence

  • Project Team Checklist - coming soon
  • Waiver Request Form - coming soon
Environmental Review

Environmental Review Pre-Construction Due Diligence

Project-Specific Utility Analysis (HOME only)

Project-Specific Utility Analysis (HOME ONLY) Pre-Construction Due Diligence

Uniform Relocation Act (URA)
Section 3
Black, Indigenous, and People of Color-owned/Women-owned Business Enterprises

Black, Indigenous, and People of Color-owned/Women-owned Business Enterprises Pre-Construction Due Diligence

Mortgage Credit/Written Agreement Approval

Mortgage Credit/Written Agreement Approval Pre-Construction Due Diligence

Compliance ResourcesMoreLess

Compliance Resources

TrainingsMoreLess

Trainings

Minnesota Housing has created several tutorials to help you learn how to comply with HOME and NHTF Programs after being selected for HOME or NHTF Funds. You can watch them all sequentially, or as individual tutorials below.

Contact

Please contact a Federal Programs team project manager for questions and assistance about all forms and their completion deadlines and requirements.