Housing Development and Capital Funding Programs
In effort to advance Minnesota Housing's Strategic Priorities and increase housing that is affordable, Minnesota Housing offers a variety of housing development and capital program funding options for rental properties throughout Minnesota.
Requests for Proposals InformationMoreLess
Request for Proposals Information
We offer a variety of funding options for rental housing development that may be requested through an annual or open-pipeline Request for Proposals (RFPs). Learn more about each Request for Proposal.
You can also sign up to receive our eNews, which provide notifications when RFPs are announced.
Capital Funding Programs
Capital Funding Programs
We offer a variety of deferred and amortizing financing options on a year-round basis. Each capital funding program offers additional requirements, terms, and eligibility requirements for the development.
Amortizing Mortgages
Financing is available through the annual Multifamily Consolidated RFP/HTC funding round and on a year-round basis.
Learn more about the variety of amortizing mortgages we have available
Housing Tax Credits
The Low Income Housing Tax Credit (HTC) Program awards and allocates federal tax credits to owners of qualified affordable rental housing projects. These HTCs, which offer a 10-year reduction in tax liability, are sold to investors in exchange for capital to build eligible affordable rental housing units in new construction, rehabilitation, or acquisition with rehabilitation. Learn more about our Housing Tax Credits programs.
Deferred Loan and Grant Programs
Deferred loans and grant programs are available throughout the year. Deferred loans are generally structured as repayable loans at 0% for a term of 30 years. Learn more about our Deferred Loan and Grant Programs
Post-Selection
Post-Selection
These Post-selection materials will help in completing and submitting the proper forms to Minnesota Housing and its funding partners in order to continue to process your development after selection. Learn more about the documents required.
Request for Action (RFA) and Change Notifications
Request for Action (RFA) and Change Notifications
Our Request for Action (RFA) process is used for different servicing requests, including assumptions, ownership/management company changes, subordinations, and payoffs. An RFA must be completed for all servicing requests. Learn more about our RFA and change notification process.
