Minnesota
NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator
ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.
Minnesota Solicits Multifamily Appraisers, Deadline April 11
Minnesota Housing is currently updating its list of approved appraisers. The Agency periodically contracts with appraisers to value affordable housing developments and land parcels to be used for affordable housing development.
Minnesota: Register for New Customer Portal to Apply for 2017 RFP and 2018 Tax Credits
Beginning with the 2017 RFP and 2018 HTC Round 1, developers will be required to apply for funding through an online portal.
Minnesota: LIHTC Round 2 Applications Due 2/28, $201k Available
Intent to apply documentation is due by February 14.
Minnesota Extends Round 2 Tax Credit Deadline to 2/28, Intent to Apply due 2/14
Minnesota Housing is now accepting applications for Round 2 of the 2017 Housing Tax Credit Program. Given the changing market conditions, Minnesota Housing has extended the application deadline to February 28, 2017. There is approximately $201,000 in tax credits available in Round 2.
Minnesota Posts Webinar Recording on 2018 Bond Program Changes
The Agency received roughly 60 comment letters, including a letter from NH&RA regarding the proposed changes.
Minnesota Hosts Webinar and Discussion Group Regarding Bond Changes to 2018 QAP in Dec.
As a result of comments, MHFA plans to engage stakeholders over the next two months to find a solution to the market-driven bond issues in the state.
Minnesota Proposes Bond Eligibility Changes to 2017/2018 QAPs, Comments due 11/16
The minimum score required to receive an allocation of 4% tax credits has been increased to 50 points, along with several other changes.
Minnesota to Release 2017 Affordable Housing Plan and Host Webinar
On Thursday, August 18, Minnesota Housing Finance Agency will release a draft of their 2017 Affordable Housing Plan, their business plan for the upcoming year.
Minnesota Collects Feedback on 2017 Affordable Housing Plan
As it starts developing the plan, the agency wants your input and asks you to take a survey and respond to three questions that are tied to its strategic priorities.
Minnesota Announces Funding Availability for 2016 Multifamily and 2017 Housing Tax Credits
Minnesota Housing is making available $12.9 million in 2017 Housing Tax Credits Round 1, deferred loans, rental assistance and operating support, and other funding sources. Intent to Apply is due June 2. Applications are due June 16.
Minnesota Solicits Comments on 2018 QAP
The Minnesota Housing released a plan for the distribution of Low-Income Housing Tax Credits in 2018, and is soliciting comments.
Minnesota Holds Mandatory Meeting to Earn Preservation Points in 9% Tax Credit Round
Projects applying for 9% tax credits that intend to claim preservation points in the 2017 QAP must participate in a mandatory technical assistance meeting with Minnesota Housing staff and submit a preservation pre-application.