Request 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 Credit Round 1MoreLess
Multifamily Consolidated Request for Proposals/Housing Tax Credit Round 1
Many of Minnesota Housing’s multifamily capital funding resources are awarded through the annual Multifamily Consolidated RFP/Housing Tax Credits (HTC) Round 1, which integrates multiple housing resources into one application process, including deferred loans, HTCs, and amortizing first mortgages. Learn more and apply.
Community Stabilization: Naturally Occurring Affordable Housing – Multifamily Rental Housing ProgramMoreLess
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, ch. 37, art. 2, sect. 6 as a one-time program to preserve Naturally Occurring Affordable Housing.
Minnesota Laws 2024, ch. 127, art. 14, sec. 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 is being distributed as loans through a competitive Community Stabilization: Naturally Occurring Affordable Housing – Multifamily Rental Housing Program (NOAH Multifamily Program) request for proposals (RFP) process.
Publicly Owned Housing Program Appropriations RoundMoreLess
Publicly Owned Housing Program Appropriations Round
Minnesota Housing is currently accepting 2025 Publicly Owned Housing Program (POHP) Appropriations Round Request for Proposals (RFP) applications. Up to $40,132,000 in one-time state appropriations is available for the purpose of rehabilitating and preserving Public Housing.
Applications are due by 12:00 p.m. (noon) Central Time on Thursday, April 10, 2025.
Program funds will be distributed to selected applicants in the form of zero interest, deferred, forgivable loans with a 20-year term. Learn more about the POHP and how to apply for POHP Appropriations Round funding.
Stable Housing Organization Relief Program (SHORP)MoreLess
Stable Housing Organization Relief Program (SHORP)
The Stable Housing Organization Relief Program (SHORP) is a state appropriated program to support eligible rental housing owners that have experienced significant detrimental financial impacts due to recent economic and social conditions. Learn more about the Stable Housing Organization Relief Program.
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).
Housing Tax Credit Round 2MoreLess
Housing Tax Credit Round 2
The 2025 Housing Tax Credit Round 2 is open. Applications are due February 13, 2025. Visit the Housing Tax Credit Round 2 webpage for more information.
High-Rise Sprinkler System ProgramMoreLess
High-Rise Sprinkler System Program funding available
Minnesota Housing is now accepting applications for the High-Rise Sprinkler System (HRSS) Grant Program (HRSS Program) that was established to install Sprinkler Systems in Eligible High-Rise Residential Buildings as described in Minnesota Laws 2023, chapter 37, article 2, section 10. Up to $6 million in funding is available for the December 2025 – December 2027 grant period and will be distributed as grants through a competitive request for proposals (RFP) process in accordance with the policies established by the Minnesota Department of Administration Office of Grants Management (OGM).
The application deadline is 12:00 p.m. (noon) Central Time on Monday, November 4, 2024.
Learn more about the High-Rise Sprinkler System Program and how to apply.
4% Housing Tax Credits OnlyMoreLess
4% Housing Tax Credits Only
Minnesota Housing is currently accepting pre-applications and full 42M applications for an award of 2025 4% HTC Only. 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.
A full and complete application for a preliminary determination of eligibility for 4% Housing Tax Credit Only (42M) must be submitted at least 60 days prior to bond issuance.
Optional: Pre-applications are accepted 30 days prior to submitting the full 4% Housing Tax Credit Only (42M) application and provide preliminary predictive cost model and scoring determinations.
Housing Tax Credits Round 2MoreLess
2023 Housing Tax Credits Round 2
- During Round 1, known as the annual Multifamily Consolidated RFP/HTC round 1, when much of our other funding is also available, and
- During Round 2, which is generally a smaller round of allocating the remaining available HTCs for the year. Learn more about the HTC Round 2 application process and apply now.
State Housing Tax Credit Program and Contribution FundMoreLess
State Housing Tax Credit Program and Contribution Fund
The State Housing Tax Credit Program and Contribution Fund (SHTC Contribution Fund) is a new statewide program that provides funding to help finance affordable housing developments and is funded entirely by taxpayer contributions. Funds contributed to the General Contribution Pool are awarded through a competitive request for proposals (RFP) process. The 2024 SHTC Contribution Fund RFP is now open. Learn more and apply.
Workforce Housing Development Program (WHDP)MoreLess
Workforce Housing Development Program (WHDP)
Minnesota Housing is currently accepting applications for funding availability of up to $39 million in deferred funding for the 2024 WHDP Request for Proposals (RFP), which is all the biennial funding available for 2023/2024 for the WHDP. Funds are available to build market rate residential rental properties in communities with proven job growth and demand for workforce rental housing. These funds will be administered through a competitive RFP process, and application materials are now available.
Applications are due on Tuesday, April 30, 2024 at noon Central time.
WHDP funds are available as unsecured, zero-interest 3-year deferred forgivable loans. Learn more about the WHDP and how to apply for funding.
Other Programs - Funding Closed
Multifamily Consolidated Request for Proposals/Housing Tax Credits Round 1MoreLess
Multifamily Consolidated Request for Proposals/Housing Tax Credits Round 1
The Multifamily Consolidated Request for Proposal (RFP)/Housing Tax Credits (HTC) Round 1 coordinates multiple housing resources into one application process, including HTC, amortizing first mortgages, and deferred loans. Most of our resources are awarded through the Consolidated RFP, which is offered once a year. Learn more about the Multifamily Consolidated RFP/HTC Round 1.
High-Rise Sprinkler System ProgramMoreLess
High-Rise Sprinkler System
The High-Rise Sprinkler System Grant Program (HRSS Program) was established in Minnesota Session Laws 2023, Regular Session, chapter 37, article 2, section 10 as a grant program to install sprinkler systems in eligible high-rise residential buildings.
Housing Tax Credits 4% OnlyMoreLess
Housing Tax Credits 4% Only
Minnesota is currently accepting pre-applications and full applications for an award of 2024 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.
A full and complete application for a preliminary determination of eligibility for 4% Only Housing Tax Credit (42M) must be submitted at least 60 days prior to bond issuance.
Optional: Pre-applications are accepted 30 days prior to submitting the full 4% Only Housing Tax Credit (42M) application for a preliminary predictive cost model and scoring determination.
Housing Tax Credit Round 2MoreLess
Housing Tax Credit Round 2
- 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.
Community Stabilization: Naturally Occurring Affordable Housing – Multifamily Rental Housing ProgramMoreLess
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, ch. 37, art. 2, sect. 6 as a one-time program to preserve Naturally Occurring Affordable Housing.
Minnesota Laws 2024, ch. 127, art. 14, sec. 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.
Publicly Owned Housing ProgramMoreLess
Publicly Owned Housing Program
The Publicly Owned Housing Program (POHP) is 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 the POHP.
Rental Rehabilitation Deferred Loan ProgramMoreLess
Rental Rehabilitation Deferred Loan Program
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. Learn more about the RRDL Program.
Stable Housing Organization Relief ProgramMoreLess
Stable Housing Organization Relief Program
The Stable Housing Organization Relief Program (SHORP) is a state appropriated program to support eligible rental housing owners that have experienced significant detrimental financial impacts due to recent economic and social conditions. Learn more about the SHORP.
State Housing Tax Credit Program and Contribution FundMoreLess
State Housing Tax Credit Program and Contribution Fund
The State Housing Tax Credit (SHTC) Program and Contribution Fund is a new way to help finance multifamily and single-family housing throughout the state of Minnesota. Learn more about the SHTC Program and Contribution Fund.
Workforce Housing Development ProgramMoreLess
Workforce Housing Development Program
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 the WHDP.
