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Funding Availability for Consolidated Request for Proposals (RFP)
Minnesota Housing and Its Funding Partners Announce Funding Availability
Application materials, instructions and information on technical assistance are now available for the following RFPs:
- 2009 Single Family RFP
- 2009 Multifamily RFP
- 2010 Round 2 Housing Tax Credit Program RFP
- Tax Credit Assistance Program and Section 1602/Exchange Program RFP
Applicants are encouraged to submit proposals to generate housing related economic activity and address affordable housing needs to the maximum extent and as quickly as possible. Minnesota Housing encourages proposals from communities with the following needs:
- Communities that lack affordable rental housing
- Communities with significant job and household growth that may have a shortage of housing
- Communities in need of stabilization
- Communities in need of economic integration
- Communities with preservation needs for older housing stock
There is a preference for transit-oriented development for all proposals, which specifically refers to proposals near services, light rail, or main bus arterial routes. Proposals will be carefully reviewed for cost containment given overall economic circumstances. Proposals that are development ready, stimulate job growth and leverage federal fiscal stimulus funding will be given priority. Attention will also be given to proposals that address foreclosure.
Optional Guidance Data for Applications
Minnesota Housing is providing community profiles to help target housing resources to areas of greatest need and impact. The agency will refine this information and analyses over the next few years so that future proposals can be ranked to more effectively align funding decisions with the agency’s mission and strategic priorities. However, while these improvements are being made, Minnesota Housing strongly encourages applicants to use the current information to strengthen their proposals and resource targeting.
Community Profiles*
The community profiles in the link above are a discussion draft. Minnesota Housing would appreciate your comments about the data and analysis.
(*Large file, may take more time to load.)
Transit Maps
Use the following websites to locate transit routes and the proximity of housing projects and developments to transit.
- Metro Area Transit Routes
- http://gis.metc.state.mn.us/mapgallery/pdfs/transit_detail.pdf
- Use the ‘+’ and ‘-“ buttons to zoom in and out; and use the “find” window to locate specific cities.
- http://www.datafinder.org/catalog/index.asp#Transportation
- http://gis.metc.state.mn.us/mapgallery/pdfs/transit_detail.pdf
- Future Metro Area Transit Expansion
- Greater Minnesota Transit Routes
- http://www.dot.state.mn.us/transit/Map/index2.html
- Click on a county to find transit services, information, and maps.
- http://www.arrivemn.org
- http://www.dot.state.mn.us/transit/Map/index2.html
Funds Available include:
- Up to $7.4 million in Challenge funds are available for Single Family and Multifamily proposals.
- NOTE: No set aside amounts have been outlined for Single Family or Multifamily proposals.
- $1.4 million of Challenge funds will be made available for Indian housing.
- $2 million is available for interim financing.
- Approximately $5.4 million for the 2010 Round 2 Housing Tax Credit Program RFP
- Any remaining funding following the close of the July 8, 2009 application cycle for the Tax Credit Assistance Program and Section 1602/Exchange Program RFP
- Estimated Multifamily funding through Minnesota Housing and funding partners, not including HTC's, is approximately $41,898,000, (including Challenge funds listed above) subject to budget approval.
Questions? Please contact:
Single Family Proposals: 651.296.8215 or 1.800.710.8871
Multifamily and Tax Credit Proposals: 651.296.9832
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