Minnesota
Minnesota LIHTC Round 2 Apps Due 1/31
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.
Minnesota Seeks Feedback for 2020 QAP
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.
Minnesota Housing Partnership Names Anne Mavity New Executive Director
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.
Minnesota Hosting Affordable Housing Plan Webinar 8/24
By Tuesday, August 22, Minnesota Housing Finance Agency plans to release a draft of their 2018 Affordable Housing Plan.
Minnesota Housing Moves to New Address, Receives New Logo
Phone numbers and website will remain the same.
Minnesota: Public Comments for National Housing Trust Fund Draft Allocation Plan Due 7/5
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.
Minnesota Proposes Changes for 2019 QAP, Public Comments Due June 21
A brief summary of changes for the 2019 QAP follow. The MHFA summary of changes document provides a more detailed synopsis.
Minnesota Hosts 2019 QAP In-Person Discussion Session May 31
Minnesota Housing Finance Agency is hosting an open-forum discussion regarding potential changes to the 2019 QAP.
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.