ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.
Read on for the latest tax credit developments in Minnesota.
New requirements will be implemented, effective April 2019.
Minnesota Housing is offering online and in-person sessions for you to learn more about Minnesota Housing’s 2020 Qualified Allocation Plan (QAP), which will govern how 2020 Housing Tax Credits are awarded to developments. The QAP is published a year in advance of applications being due to give communities and developers sufficient time to effectively align […]
The Minnesota Department of Employment and Economic Development, Minnesota Housing, and the Minnesota Department of Human Services are accepting comments on the following documents from January 31-March 2, 2018: Analysis of Impediments to Fair Housing This study is part of HUD’s requirement in the Federal Fair Housing Act to affirmatively further fair housing choice and […]
There is approximately $881,000 in tax credits available; $300,000 in the Rural Development/Small Project set-aside (RD set-aside) and $581,000 in the unified pool.
In preparation for the 2020 update of our Qualified Allocation Plan (QAP) for Low Income Housing Tax Credits, Minnesota Housing has created a timeline for developing potential changes, clarifications, and enhancement to its QAP. The state is seeking feedback from stakeholders on several issues.
Mavity replaces MHP founder and executive director Chip Halbach, who is retiring after leading MHP for 30 years. Halbach started MHP in 1987 to create a statewide voice and support organization for affordable housing development.
By Tuesday, August 22, Minnesota Housing Finance Agency plans to release a draft of their 2018 Affordable Housing Plan.
Phone numbers and website will remain the same.
Minnesota Housing will receive $3,118,428 from the National Housing Trust Fund (NHTF) from the U.S. Department of Housing and Urban Development (HUD) for Federal Fiscal Year 2017.
A brief summary of changes for the 2019 QAP follow. The MHFA summary of changes document provides a more detailed synopsis.
Minnesota Housing Finance Agency is hosting an open-forum discussion regarding potential changes to the 2019 QAP.