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Requests For Proposals

The Multifamily Division offers a variety of financing and funding options for rental properties, which that advance Minnesota Housing's priorities. Learn more about each of the capital programs.

Deferred and amortizing financing is available both on a year-round basis and through the Multifamily Consolidated Request for Proposal (RFP)/Housing Tax Credits (HTC) Round 1. Grant funding is typically available on a biennial basis through competitive RFP processes. Application requirements vary depending on the type of financing or funding you are seeking. Refer to the program specific information for program details and application materials.

Technical Assistance is available for each program. For technical assistance related to your proposal, please complete and submit the Technical Assistance Request Form, and a Minnesota Housing staff member will follow up with you to discuss specifics about your proposal and answer any questions.

Request for Proposals - Funding Available

Multifamily Consolidated Request for Proposals / Housing Tax Credits Round 1MoreLess

Multifamily Consolidated Request for Proposals/Housing Tax Credits Round 1

Most of Minnesota Housing’s multifamily resources are awarded through the annual Multifamily Consolidated RFP/Housing Tax Credits (HTC) funding round, which integrates multiple housing resources into one application process, including deferred loans, HTCs, and amortizing first mortgages.

Applicants who submitted an ITA may submit an application for the 2023 Multifamily Consolidated RFP/2024 HTC Round 1. The deadline is noon Central Time on July 13, 2023. No new projects may be submitted at this time. Learn more and apply.

Rental Rehabilitation Deferred Loan (RRDL)MoreLess

Rental Rehabilitation Deferred Loan (RRDL)

The purpose of the Rental Rehabilitation Deferred Loan (RRDL) Program is to provide resources to rehabilitate existing rental housing in Greater Minnesota so that affordability is preserved and low-and moderate-income households have access to decent housing that is convenient to jobs, transportation, and essential services.

Applications for the RRDL funding are now being accepted.  The application deadline is Friday, June 9, 2023 by 5:00 p.m. (CT).

 Learn more about RRDL Program and how to apply.

2023 Housing Tax Credits 4% OnlyMoreLess

2023 Housing Tax Credits 4% Only

Minnesota is currently accepting pre-applications and full applications for an award of 2023 4% Only HTCs (42M). Minnesota has different allocating agencies for the distribution of tax-exempt volume limited bonding authority, including Minnesota Management and Budget (MMB).  Projects that apply and receive bonding authority from MMB's housing or unified pools are eligible to subsequently apply to Minnesota Housing for an award of 4% HTC. Learn more 4% HTC and apply today.

Other Programs - Funding Closed

Housing Tax Credit Round 2MoreLess

Housing Tax Credit Round 2

The 9% HTCs are allocated twice a year through a competitive process:
  • During Round 1, known as the annual Multifamily Consolidated RFP/HTC Round 1, when much of our other funding is available, and
  • During Round 2, which is generally a smaller round allocating the remaining available HTCs for the year. Learn more about the HTC Round 2 process.
Publicly Owned Housing Program (POHP)MoreLess

Publicly Owned Housing Program (POHP)

A competitive funding program that uses the proceeds of General Obligation (GO) bonds to provide financing in the form of a 20-year deferred, forgivable loans for the rehabilitation and preservation of public housing. Learn more about POHP program.

State Housing Tax Credit Program and Contribution Fund (SHTC)MoreLess

State Housing Tax Credit Program and Contribution Fund (SHTC)

The program is a new way to help finance multifamily and single-family housing throughout the state of Minnesota. Learn more about SHTC program.

Workforce Housing Development Program (WHDP)MoreLess

Workforce Housing Development Program (WHDP) funding unavailable

The Workforce Housing Development Program (WHDP) is a competitive funding program targets small to medium-sized cities, communities, or areas in Greater Minnesota with rental workforce housing needs. Learn more about WHDP program.