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Post-Selection Materials & Forms

These materials will help you in completing and submitting the proper forms to Minnesota Housing and its funding partners in order to process your development after selection to underwriting, loan/grant closing, monitoring/reporting, contract compliance and fair housing. The following list is the full list of forms.

Underwriting Standards

Tax Exempt Bonds Informational Guide

Post-selection Guide - coming soon

Black, Indigenous, and People of Color-owned and Women-owned Business Enterprise Compliance Guide

Development Forms - qualification Forms required to be submitted by all development team members.

Rent & Income Limits

Building Standards

Compliance & Asset Management for Property Managers

Requests for Action and Change Notifications

Developers & Owners

Developers & Owners Forms

Developer & Owner Forms

Attorney's Opinion Letter Requirements
Legal counsel for the borrower must deliver a draft copy of a favorable opinion as to:
  • The borrower is in good standing and validly existing under the laws of the State of Minnesota;
  • The Agency's loan documents have been duly authorized, executed, and delivered, and constitute valid obligations of the borrower;
  • The priority and validity of the Agency's mortgage;
  • The construction and related documents have been duly authorized;
  • The borrower's ability to carry on the business of owning and operating the development.
When there is an identity of interest between the borrower and its attorney, the attorney may not prepare the borrower's Attorney's Opinion. Agency form is required, and will be delivered along with draft loan documents prior to closing.
The Final attorney's opinion letter in Agency approved form must be delivered at closing:
  • Dated the date of closing
  • On Attorney's letterhead

Signed by the Attorney

Financial Review
  • Financial Information Worksheet (xls) - Contains Submission forms for all loans, including Schedule A, B, C and D, along with links to the Credit Report Agency websites: Equifax, Experian and TransUnion
All financial documentation must be submitted to through the Multifamily Secure Upload tool on the Partner Login web page.
HUD Risk Share
Organizational Certifications
Payment and Performance Bonds
Title Insurance Commitment Requirements

A current lender's title insurance commitment is required:

  1. naming the "Minnesota Housing Finance Agency, a public body corporate and politic of the State of Minnesota, its successors and/or assigns", as the proposed insured.
  2. in the amount of Minnesota Housing's proposed mortgage (if Minnesota Housing is providing multiple mortgage loans, then a title insurance commitment must be issued for each mortgage loan).
  3. showing all liens, encumbrances, restrictions and easements presently of record;
  4. providing all required endorsements for Minnesota Housing’s review:
  5. Copies of all liens, encumbrances, restrictions and easements (existing and proposed) that will remain of record after closing must be submitted and reviewed by Minnesota Housing for acceptability. Items determined to be acceptable may be required to be subordinate to Minnesota Housing's Loan Documents.
  6. Prior to closing the Title Company must be prepared to delete all standard exceptions (including tenants in possession) and provide mechanics lien and survey coverage.
HOME & National Housing Trust Fund (NHTF)
Please contact your Federal Programs team project manager for questions and assistance about all forms and their completion deadlines and requirements.
Management Agents

Management Agents Forms

Architects & Contractors

Architects & Contractors

Supportive Housing Documents

Supportive Housing Service Provider Forms

Documentation required for supportive housing during the post-selection underwriting and due diligence process. The following is a list of forms required to be submitted by the development team, including the service provider and management agent.