Minnesota

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

Raised in Fridley, Jennifer Leimaile Ho, 53, has been working to end homelessness since 1999. First, as Executive Director of Hearth Connection, a Minnesota non-profit, managing a nationally-recognized demonstration project on supportive housing and long-term homelessness for single adults, youth and families in Ramsey and Blue Earth County.Before serving in her most recent post as the Senior Policy Advisor for Housing and Services at the U.S. Department of Housing and Urban Development in the Obama Administration, Jennifer served as deputy director at the United States Interagency Council on Homelessness.

Minnesota Housing is holding a public hearing on the 2019 Action Plan on Feb. 21 at 4 pm at the Minnesota Department of Human Services, Room 1240, 444 Lafayette Road, St. Paul. Minnesota Housing, along with the Department of Employment and Economic Development and Department of Human Services, is developing the action plan which directs how the state will meet needs and priorities in 2019 and will be submitted to HUD to receive federal housing and community assistance funding.

Minnesota Housing published guidance for the use of income averaging with Low Income Housing Tax Credit (LIHTC) properties. Eligible properties include new LIHTC applications beginning with Round 2 of Minnesota Housing’s 2019 LIHTC Program and previously selected LIHTC projects that have not yet filed Form 8609 with the IRS.

Request for Proposal and Technical Assistance Kickoff Registration Reminder There is still time to register for the 2019 RFP/2020 HTC Round 1 Request for Proposals (RFP) and Technical Assistance (TA) Kickoff Meeting on January 10. Whether you are new to the RFP or have applied previously, the RFP and TA Kickoff will be informative. Hear new […]

The Minneapolis City Council voted 12-1 to endorse Minneapolis 2040 – The City’s Comprehensive Plan, with 22 policy recommendations, each with action steps, that are specific to housing.

2019 Housing Tax Credit Program Round 2 Due January 31, 2019 Minnesota Housing is now accepting applications for Round 2 of the 2019 Housing Tax Credit (HTC) Program. There is approximately $406,000 in tax credits available; $93,000 in the Rural Development/Small Project set-aside (RD set-aside) and $313,000 in the unified pool. The RD set-aside is […]

The Minnesota Legislature provided $80 million of HIB proceeds in the 2018 bonding bill. Minnesota Housing is targeting roughly $60 million in HIB proceeds for the 2019 Request for Proposal (RFP)/2020 Qualified Allocation Plan (QAP). The remaining amount has either been allocated in the 2018 RFP, or will be set aside for preservation, community land […]

The State of Minnesota is developing its Consolidated Annual Performance and Evaluation Report (CAPER) and Performance Evaluation Report (PER) for 2018. The State submits its CAPER to the U.S. Department of Housing and Urban Development (HUD) annually as one of the conditions of receiving federal housing and community development funding through the Community Development Block […]

Minnesota Housing and our funding partners are pleased to announce an investment of more than $87.5 million for developments that will create and preserve more than 1,700 affordable homes across Minnesota. This year’s selected projects include workforce housing in Greater Minnesota, suburban new construction, single family homeownership opportunities and proven models for supportive housing. At a press conference […]

Minnesota Housing Finance Agency released a draft 2019 Affordable Housing Plan (AHP) for public comment. The 2019 AHP will be MNFA’s business plan for the upcoming year, outlining program and policy initiatives for the year and resources to be allocated. Your feedback is critical for developing an effective plan. Submit your comments to mn.housing@state.mn.us by 2:30 p.m. on Friday, September 7. […]

On May 30, Governor Mark Dayton signed into law the omnibus bonding bill (HF 4425). The bill authorizes Minnesota Housing to issue additional Housing Infrastructure Bonds (HIBs), approximately $60 million of which will be made available to applicants for the 2018 Consolidated RFP.

Minneapolis Mayor Jacob Frey has proposed a new pilot program which would extend the 4d classification to unsubsidized properties. Landlords could receive a 40% property tax discount for offering at least 20% of their units as affordable (60% AMI or less) and keep the units affordable for at least 10 years.