Fee Remittance Form	

Instructions: Complete this form and submit it with your payment. If you are paying for multiple developments with a single check, complete one form for each development.

     	
Development Name	

     		     		     	
Date		Minnesota Housing HTC Number		Minnesota Housing Development Number	

Due at Intent to Apply (ITA) – Fees are non-refundable	
	LMIR Application Fee	$250.00	
	Tax Credit Application Fee	$800.00	
	Supplemental Fee (Round 2 only)	$350.00	
Minnesota Housing First Mortgage or Tax-exempt Issued Bonds	
	LMIR Origination Fee	2% on first $5 million in financing, and 1% on amounts above $5 million or $25,000.00, whichever is greater	
	LMIR Bridge Loan Origination Fee	0.50% of the bridge loan/bond amount	
	Tax-exempt Bond Issuance  Fee 	$100,000.00 plus bond issuance fee(s)	
	Issuance Fee on Long-term Bonds	1.00% of bond amount 	
	Issuance Fee on Short-term Bonds	0.75% of bond amount	
Housing Tax Credits (HTC) or HTC in Conjunction with Tax-exempt Bonds	
	Reservation Fee	3.5% of housing tax credits allocated	
	Carryover Fee	3.5% of housing tax credits allocated	
	8609 Fees	3.5% of housing tax credits allocated	
	HTC Transfer Fee of Ownership	$2,500.00	

	Preliminary Determination Fee	3.5% of housing tax credits requested	

	Qualified Contract Processing Fee	$5,000.00	

Appraisals (due upon request)	
	As-is Appraisal Fee – Land Only	$4,000.00	
	As-is Appraisal Fee – Existing Buildings and Adaptive Reuse	$6,000.00	
	As-complete Appraisal Fee	$10,000.00 deposit. NOTE: If the commissioned appraisal cost is lower than the deposit, the excess will be reimbursed. 	

For Minnesota Housing Use Only	
     		     		     		     		     	
Date Payment Received		Initials		Amount Received $		Check Number		Minnesota Housing
D Number