Publicly Owned Housing Program (POHP)
POHP is a competitive funding program that uses the proceeds of General Obligation (GO) Bonds to provide financing in the form of a 20-year deferred, forgivable loan for the rehabilitation and preservation of public housing.
POHP funds are issued through a competitive Request for Proposals (RFP) when financing is available. The most recent competitive RFP was in 2020.
The POHP program rehabilitates and preserves public housing throughout Minnesota. Learn more about this critical housing stock and why it is so important to invest in.
Eligible applicants must be local units of government such as a city, county, housing redevelopment authority (HRA) or public housing authority (PHA).
Minnesota Housing offered a Request for Proposal process for applicants interested in applying for up to $41 million in General Obligation (GO) bond proceeds to help finance public housing rehabilitation costs. These funds were announced and administered through a one-time Publicly Owned Housing Program (POHP) Request for Proposals (RFP), and application materials were due Wednesday, March 6, 2024.
Selected applicants will be notified of funding awards after a future board meeting and pending board approval.
Contact
The POHP team is available to answer any questions or provide technical assistance.