Procedure for Final Housing Tax Credit Allocation Certification - IRS Form 8609

All owners of Low-Income Housing Tax Credit (HTC) projects must complete a final application for submission to Minnesota Housing (or Suballocator) to receive an HTC Allocation Certification - IRS Form 8609, for each building the owner wishes to file for HTCs. The following forms must be completed and submitted along with the required supporting documentation as described in the HTC Qualified Allocation Plan (QAP) or Procedural Manual.

8609 Documents Required

2022

2022 8609 Documents

The following is a partial list only. All required submission items and supporting documentation as described in the applicable HTC QAP must be completed and submitted for a complete application.

Evidence of Bond Issuance
Executed Construction Contract
Title Insurance Commitment
HTC Building Map
Final Cost Certification
Final Cost Certification - Exhibit A
Application for 8609 - Tax Credits
Application for 8609 - Exhibit A (Tax Credits)
Attorney Opinion Letter (Tax Credits)
Attorney Opinion Letter (Tax Exempt Bond Project)
Gross Rent Floor Election Form (Competitive State Cap Credit)
Gross Rent Floor Election Form (Tax Exempt Bond Credit)

2021

2021 8609 Documents

The following is a partial list only. All required submission items and supporting documentation as described in the applicable HTC Procedural Manual must be completed and submitted for a complete application.

Note re: Multifamily Workbook for Tax Credits
Determination of Tax Credit - HTC Form 8 (optional)
Evidence of Bond Issuance
Executed Construction Contract
Title Insurance Commitment
HTC Building Map - HTC Form 28
Final Cost Certification - HTC Form 9
Final Cost Certification - HTC Form 9 Exhibit A
Application for 8609 - HTC Form 3 (Tax Credits)
Application for 8609 - HTC Form 3 Exhibit A (Tax Credits)
Attorney Opinion Letter (Tax Credits)
Attorney Opinion Letter (Tax Exempt Bond Project)
Gross Rent Floor Election Form (Competitive State Cap Credit)
Gross Rent Floor Election Form (Tax Exempt Bond Credit)

2020

2020 8609 Documents

The following is a partial list only. All required submission items and supporting documentation as described in the applicable HTC Procedural Manual must be completed and submitted for a complete application.

Note re: Multifamily workbook For Tax Credits
Determination of Tax Credit - HTC Form 8 (optional)
Evidence of Bond Issuance
Executed Construction Contract
Title Insurance Commitment
HTC Building Map - HTC Form 28
Final Cost Certification - HTC Form 9
Final Cost Certification - HTC Form 9 Exhibit A
Application for 8609 - HTC Form 3 (Tax Credits)
Application for 8609 - HTC Form 3 Exhibit A (Tax Credits)
Attorney Opinion Letter (Tax Credits)
Attorney Opinion Letter (Tax Exempt Bond Project)
Gross Rent Floor Election Form (Competitive State Cap Credit)
Gross Rent Floor Election Form (Tax Exempt Bond Credit)

2019

2019 8609 Documents

The following is a partial list only. All required submission items and supporting documentation as described in the applicable HTC Procedural Manual must be completed and submitted for a complete application.

Additional Requirements for Average Income Testing (AIT)

AIT Guidance
Syndicator/Investor letter of approval referencing the specific rent and income tiers is required.
Permanent lender(s) letter of approval referencing the specific rent and income tiers is required.
Bond issuer letter of approval referencing the specific rent and income tiers is required. If Minnesota Housing is the bond issuer, Minnesota Housing approval is required and requests will be considered on a case by case basis.
Updated Market Study - see revised Market Study Guidelines
AIT Election/Certification Form
Income and Rent Grid
Updated Multifamily Workbook

2018 & Earlier

2018 & Earlier 8609 Documents

The following is a partial list only. All required submission items and supporting documentation as described in the applicable HTC Procedural Manual must be completed and submitted for a complete application.

Additional Requirements for Average Income Testing (AIT)

AIT Guidance
Syndicator/Investor letter of approval referencing the specific rent and income tiers is required.
Permanent lender(s) letter of approval referencing the specific rent and income tiers is required.
Bond issuer letter of approval referencing the specific rent and income tiers is required. If Minnesota Housing is the bond issuer, Minnesota Housing approval is required and requests will be considered on a case by case basis.
Updated Market Study - see revised Market Study Guidelines
AIT Election/Certification Form
Income and Rent Grid
Updated Multifamily Workbook

Supporting Documents Required

Refer to the past HTC Program Procedural Manual and/or QAP applicable to the year of the earliest HTC allocation for instructions, requirements, 8609 submissions and the appropriate version of the Declaration of Land Use Restrictive Covenants, QAP and Design Standards.

Past HTC Allocation Procedural Manuals and Declarations of Land Use Restrictive Covenants

For the appropriate versions of the Declaration of Land Use Restrictive Covenants, QAP and Design Standards, refer to the previous manuals and documents archives webpage and choose the corresponding year of the earliest HTC allocation to the development.

Forms must be completed and submitted along with the complete 8609 application package described in the appropriate year of the QAP or Procedural Manual.