Minnesota Housing is now accepting application for Round 2 of the 2017 Housing Tax Credit Program. There is approximately $201,000 in tax credits available in Round 2.
Please note the separate deadlines for Intent to Apply and full application below:
Step 1: Submit Intent to Apply
All applicants must submit the Intent to Apply form, supporting documentation, and the appraisal fee (if applicable) before your full application to let us know of your interest.
By February 14, 2017 at 5:00 p.m., submit:
- An electronic copy of the Intent to Apply and all supporting documentation to mhfa.app@state.mn.us.
- A hard copy of the Intent to Apply form and the appraisal fee (without supporting documentation) to: Minnesota Housing, 400 Sibley Street, Suite 300, St. Paul, MN 55101-1998.
Step 2: Submit Full Application
Complete the full application materials located on our website. Submit your complete application by February 28, 2017 at 5:00 p.m.
Subject to approval, projects that meet the following qualifications are eligible to apply in Round 2:
- Projects that previously received an allocation of tax credits are eligible if they have had a justifiable increase in eligible basis or previously received a partial allocation.
- New projects that have not received an allocation of tax credits.
- Supplemental priority will be given to developments that have an annual tax credit shortfall of at least 5 percent but not more than 33.33 percent of the total qualified annual tax credit.
Questions? Contact Tamara Wilson at 651.296.4451.
