Minnesota
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.
Minnesota Kicks-Off Multifamily, HTC, Section 811 Funding Processes
MInnesota posted important deadlines and early documents for its upcoming Multifamily and Housing Tax Credit funding rounds. A new senior housing pilot and Section 811 funding are part of the Multifamily RFP.
Minnesota Accepts Application for Housing Tax Credit Round 2
Applications are due January 26, 2016 by 5:00 p.m. There are approximately $469,000 in tax credits available in Round 2. An additional $261,000 in returned credits may also become available this round.
IRS Divides $2.59M of Unused 2015 LIHTCs Among 30 States
The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.
Minnesota Opens Comment Period for Draft 2016 Annual Action Plan and 2012-16 Consolidated Plan
The Minnesota Department of Employment and Economic Development, Minnesota Housing, and the Minnesota Department of Human Services are taking comments on: