Author: Janssen, Kinzy
Last saved by: Kroona, Patricia (MHFA)
Company: State of Minnesota

Multifamily Fee Remittance Form
Effective Date: August 20, 2026
Instructions: Complete this form and submit it, along with all supporting documentation (as applicable), with your payment. If you are paying for multiple developments with a single check, complete one form for each development. All fees are non-refundable.
This form, along with the applicable payment, can be mailed to the following address:
Minnesota Housing
Attn: Multifamily Division
400 Wabasha St. N., Suite 400
St. Paul, MN 55102
Forms and payments can also be delivered in person to the Minnesota Housing office. To arrange a time for in-person delivery email the following:
•	Multifamily Consolidated Request for Proposals (RFP), Housing Tax Credits (HTC), and other fees: htc.mhfa@state.mn.us
•	Low and Moderate Income Rental (LMIR) fees outside of the Multifamily Consolidated RFP: michael.tobias@state.mn.us
•	Workforce Housing Development Program (WHDP) fees: workforcehousingdevprog.mhfa@state.mn.us
•	State Housing Tax Credit Program (SHTC) fees: statehtc.mhfa@state.mn.us
Project Information
Development Name:      
Date:      
Minnesota Housing HTC Number:      
Minnesota Housing Development Number: D     
Application Fees
Table 1: Application Fees
Enclosed | Application | Fee
☐ | Multifamily Consolidated RFP and HTC Round 1, new applications to HTC Round 2, and 4% HTC Only Application Round | $800

☐

HTC Round 2 – Resubmitted Application (Supplemental Fee)

$350
Applicants who are resubmitting an application from HTC Round 1 of the same Multifamily Consolidated RFP/HTC Round 1 allocation year only need to pay the supplemental fee. New applications for HTC Round 2 must pay the full application fee.

☐

LMIR Loan

$250
Only for requests submitted outside of the annual Multifamily Consolidated RFP/HTC Round 1. Applications submitted in the Multifamily Consolidated RFP/HTC Round 1 do not have a separate LMIR application fee.

☐ | Community Stabilization: Naturally Occurring Affordable Housing – Multifamily Rental Housing Program (NOAH Multifamily Program) Loan | $800
Low and Moderate Income Rental First Mortgage, Bridge Loans, and Tax-Exempt Issued Bonds Fees
Fees are based on the committed loan amount.
Table 2: Low and Moderate Income First Mortgage, Bridge Loans, and Tax-Exempt Issued Bonds Fees
Enclosed | Program or Issuance | Fee
☐ | LMIR Origination Fee | 2% on first $5 million in financing, and 1% on amounts above $5 million or $25,000, whichever is greater
☐ | LMIR Bridge Loan Origination Fee | 0.5% of the bridge loan/bond amount

☐

Tax-Exempt Bond Issuance Fee

$100,000 plus
•	1% of the par amount of the LMIR permanent loan amount
•	0.75% of the par amount of the Bridge Loan amount
Fee is subject to revision based on market conditions as determined by Minnesota Housing.

Housing Infrastructure Bonds Loans Fee
Fees are based on the committed loan amount.
Table 3: Housing Infrastructure Bonds Loans Fee
Enclosed | Program | Fee
☐ | Housing Infrastructure Bonds (HIB) Origination Fee | 1% of the first $5 million in financing and 0.5% on amounts above $5 million; the minimum HIB origination fee is $10,000
Amortizing and Deferred Loan Closing and Construction Oversight Fee
The Loan Closing and Construction Oversight Fee applies to any project with one or more of the following Minnesota Housing loans:
•	Low and Moderate Income Rental loans
•	Bridge loans and bond funded Bridge loans
•	Economic Development Housing Challenge (EDHC) loans
•	Emergency Rental Assistance (ERA2) Capital loans
•	Flexible Financing for Capital Costs (FFCC) loans
•	Housing Infrastructure Appropriation loans
•	Housing Infrastructure Bond loans
•	Preservation Affordable Rental Investment Fund (PARIF) loans
The Closing and Construction Oversight Fee is a flat fee based on the total amount of Minnesota Housing loans at the time of construction closing.
Table 4: Amortizing and Deferred Loan Closing and Construction Oversight Fee
Enclosed | Loan Amount | Fee
☐ | Total Minnesota Housing loans less than or equal to $500,000 | $25,000
☐ | Total Minnesota Housing loans between $500,000 and $1,000,000 | $50,000
☐ | Total Minnesota Housing loans is $1,000,000 or more | $75,000
Housing Tax Credit Fees
Table 5: Housing Tax Credit Fees
Enclosed | Type | Fee
☐ | Reservation Fee | 3.5% of 9% HTCs to be allocated
☐ | 42M Preliminary Determination Fee | 3.5% of 4% HTCs to be awarded
☐ | Carryover Fee | 3.5% of 9% HTCs allocated
☐ | 8609 Fees | 3.5% of 4% and 9% HTCs awarded or allocated
☐ | Carryover and 8609 Late Fee | $1,000 plus an additional penalty fee of $200 for each business day past due. Fee is only applicable to projects for a certain time period. See the applicable QAP for additional details.
☐ | HTC Transfer Fee of Ownership | $2,500
☐ | Qualified Contract Processing Fee | $5,000
☐ | Reallocation Processing Fee | $15,000 plus resubmission of the carryover fee
Housing Tax Credit Annual Monitoring Fees
Housing Tax Credit Annual Monitoring fees are due with the Annual Owner Certification starting with the first credit year. “Per unit” includes unrestricted and non-revenue (common space) units.
Table 6: Housing Tax Credit Annual Monitoring Fees
Enclosed | Property Type | Fee
☐ | All HTC properties during the 15-year compliance period | $35 per unit
☐ | All properties in year 16 and later | $25 per unit
☐ | All properties in 3-year tenant protection period | No fee
Housing Tax Credit General Monitoring Fees
Table 7: Housing Tax Credit General Monitoring Fees
Enclosed | Type | Fee
☐ | Re-Inspection | $125 will be charged if a compliance officer is unable to complete an inspection due to property representative’s failure to notify residents or failure to appear for the inspection. The re-inspection fee will be added to the following year’s annual monitoring fee.
☐ | Utility Allowance Review | $100 for review of HUD Utility Schedule Model, Energy Consumption Model, or Average of Actual Consumption.
☐ | Utility Allowance Review, Submetering | $250 for review of HUD Utility Schedule Model, Energy Consumption Model, or Average of Actual Consumption with submetering arrangement.
Appraisal Fees
Due upon request.
Table 8: Appraisal Fees
Enclosed | Type | Fee
☐ | As-Is Appraisal Fee – Land Only | $4,500
☐ | As-Is Appraisal Fee – Existing Buildings and Adaptive Reuse | $6,500
☐ | As-Complete Appraisal Fee | $10,000 deposit
If the commissioned appraisal cost is lower or higher than the deposit, Minnesota Housing will reimburse the excess amount to the applicant after the appraisal is complete or will request additional funds before commissioning the appraisal.
Workforce Housing Development Program Loan Fee
Due upon execution of loan agreement.
Table 9: Workforce Housing Development Program Loan Fee
Enclosed | Program | Fee
☐ | WHDP Processing and Loan Fee | $7,000
State Housing Tax Credit Program Loan Fee
Due upon execution of loan agreement.
Table 10: State Housing Tax Credit Program RFP Loan Fee
Enclosed | Program | Fee
☐ | SHTC Program Processing and Loan Fee | Greater of $5,000 or 1% of award amount
Community Stabilization: Naturally Occurring Affordable Housing – Multifamily Rental Housing Program Fees
Table 11: Community Stabilization: NOAH – Multifamily Rental Housing Program Loan Fee
Enclosed | Program | Fee

☐

NOAH Multifamily Program Loan Fee

The greater of $10,000 or 0.5% of the loan amount up to a maximum of $50,000.
Fee is due at closing.

If the project requires construction oversight, include the following. Fees are based on the committed loan amount.
Table 12: Community Stabilization: NOAH – Multifamily Rental Housing Program Loan Construction Oversight Fee
Enclosed | Loan Amount | Fee
☐ | NOAH Multifamily Program loan less than or equal to $500,000 | $25,000
☐ | NOAH Multifamily Program loan between $500,000 and $1,000,000 | $50,000
☐ | NOAH Multifamily Program loan is $1,000,000 or more | $75,000
The Loan Fee and the Construction Oversight Fee is a flat fee based on the NOAH Multifamily Program loan amount at the time of construction loan closing.

August 2026

Policy Template