Minnesota

The State of Minnesota is developing its 2026 Housing and Community Development Action Plan and wants your feedback. This plan reflects year five of the state’s 2022-2026 Consolidated Plan, which examines the housing and community development needs of the state and sets priorities for allocating U.S. Department of Housing and Urban Development (HUD) funds. Public […]

The Multifamily Consolidated RFP is a competitive funding round, offered once per year, where Minnesota Housing consolidates and coordinates multiple multifamily housing funding resources into one application process. It deploys significant capital funds and is the primary mechanism that Minnesota Housing uses to award and allocate federal and state resources. In accordance with Minnesota Housing’s Qualified Allocation Plan (QAP), the emphasis […]

Minnesota Housing released the final version of the Climate Resilience and Housing Decarbonization Roadmap, a climate-focused guide for the Agency. It identifies specific targets for Agency activities as well as recommendations for how individual teams and programs can achieve those goals.  3 Climate Roadmap Takeaways:  1. Minnesota Housing set three major climate targets for the next decade:   2. The Roadmap outlines a comprehensive strategy of […]

Minnesota Governor Tim Walz announced the reappointment of Stephen Spears of Plymouth to the Minnesota Housing Finance Agency (Minnesota Housing) Board of Directors, effective March 4, 2026. Spears’ term expires January 7, 2030.  Spears leads Bremer’s Community Banking Team, overseeing secondary marketing and affordable lending functions. He supports the bank’s commitment to expand service to Black, Indigenous, and communities and businesses […]

Minnesota Housing announced the availability of up to approximately $4 million in deferred funding to build market rate residential rental properties in communities with proven job growth and demand for workforce rental housing. These funds are available through the Workforce Housing Development Program (WHDP) and will be administered as unsecured, zero-interest, 3-year deferred forgivable loans […]

The final Preservation Framework for the Targeted Stabilization of Regulated Affordable Housing was delivered to the Minnesota Legislature on February 13, 2026, and is now available on the Preservation Framework webpage of Minnesota Housing’s website.  The Preservation Framework examines existing preservation tools and strategies, as well as opportunities to strengthen programs, policies, and processes to better support the targeted […]

Minnesota Housing announced the award of nearly $7.5 million in grants to 21 infrastructure projects that will support housing development through the new Greater Minnesota Housing Infrastructure Grant Program.   Infrastructure projects will support plans for approximately 450 single family and 400 multifamily housing units across Greater Minnesota. Funding will help establish sewer and water services, build streets and manage stormwater. Individual grants range from $25,000-$500,000.  Established in 2023, the program […]

Governor Tim Walz approved amendments to the 2024-2025 Housing Tax Credit Qualified Allocation Plan (QAP) and the 2026-2027 QAP, including the 2026-2027 Self-Scoring Worksheet (SSW). The QAP determines the policy priorities and the process by which Minnesota Housing manages the federal Low-Income Housing Tax Credit (HTC) Program. The QAP sets the overall funding selection priorities for the competitive Multifamily […]

Minnesota Housing released the Draft Preservation Framework for the Targeted Stabilization of Regulated Affordable Rental Housing (Preservation Framework) for public comment on January 20, 2026. The agency recently identified and resolved a technical issue that may have prevented some public comments from being successfully submitted by email. Individuals who attempted to submit comments and received an automated error message are asked to please resubmit […]

The Minnesota Housing HOME American Rescue Plan (HOME ARP) Request for Proposals (RFP) opened January 20, 2026. There is approximately $31 million in funding available to increase housing stability by addressing the needs of individuals experiencing homelessness or at risk of homelessness. Information on how to apply and application materials are available on the HOME ARP Funding webpage.  Applications are […]

Minnesota Housing released the Preservation Framework for the Targeted Stabilization of Regulated Affordable Rental Housing for public comment. The Preservation Framework was developed pursuant to 2025 legislative authorization and informed by engagement with housing stakeholders across Minnesota.  The Preservation Framework examines existing preservation tools and strategies, as well as opportunities to strengthen programs, policies, and processes to better […]

Minnesota Housing posted an updated Authorized Market Analysts List to the Housing Tax Credits webpage. Internal Revenue Code section 42(m)(1)(A)(iii) requires that all HTC projects conduct a comprehensive market study. The study must examine the housing needs of low-income individuals in the area to be served by a developer’s HTC project and must be conducted […]