Minnesota Housing’s 2021 Consolidated Request for Proposals (RFP) is now open for applications. The RFP includes an estimated $10.5 million in round one of the 2022 LIHTCs. Deferred loans are available on a competitive basis. Housing Infrastructure Bonds (HIBs) are subject to the 2021 legislative session approval. Amortizing first mortgages (applicants may apply through the Consolidated RFP or contact Minnesota Housing separately to inquire about mortgages outside of the Consolidated RFP). The Multifamily Application and Section 811 Project-based Rental Assistance (PRA) Submission Deadlines are as follows:
- Thursday, May 20 by noon ET: Intent to Apply deadline;
- Thursday, May 20 by noon ET: Section 811 PRA pre-application due;
- Thursday, June 10: Applicants will be notified of Section 811 PRA program eligibility; and
- Thursday, July 15 by noon: Multifamily application deadline, including site control, qualification forms and financials. Note: the application fee is also due by this date.
Minnesota Housing expects to recommend proposals for selections at our December board of directors meeting.