Minnesota Housing announced the availability of up to $50 million in one-time state appropriations for the preservation or recapitalization of distressed buildings. Of this amount, up to $15 million is for the preservation or recapitalization of housing that includes supportive housing. The $50 million will be distributed as grants or loans through a competitive request for proposals (RFP) process.
Application materials and resources can be found on Minnesota Housing’s Community Stabilization: Distressed Multifamily Rental Housing Program webpage. Review the Program Guide for complete program eligibility requirements, eligible uses, definitions, and other program information.
RFP applications are due by noon Central Time on Wednesday, Nov. 19, 2025.
