Minnesota Housing will accept the following due diligence items be submitted by Tuesday, June 23, 2023:
- Signed Grant Contract Agreement (provided by Minnesota Housing).
- Board Resolution - A signed original, or signed and certified copy specific to the Grant Contract Agreement that designates authorized signatories, authority to enter into a contract and that references the requested and/or awarded amount.
- Designation letter from CoCs’ and Tribes’ planning entities
- Certificate of Insurance with Employee Dishonesty/Crime Coverage in the amount of at least one-eighth of the total amount of the funding amount.
- Electronic Funds Transfer (EFT) Authorization Form - for a new applicant that has been selected, or if the current EFT on file needs updates.
- Certificate of Good Standing issued by the Minnesota Secretary of State Office within 30 days (a screenshot is also an acceptable form of evidence). This does not apply to any governmental organizations or Tribal Nations.
- Final approved Work Plan - The selected applicant will be required to complete and submit a work plan on a template provided by Minnesota Housing. The purpose of a work plan is to describe changes to the application as a result of the final award amount and requirements.
- Final approved Budget - A final budget reflecting the awarded amount and any allocation or amount changes to the lead entity or subgrantees.
Applicants awarded funding must have all due diligence items submitted and approved, and the Grant Contract Agreement fully executed, which includes both the applicant’s and Minnesota Housing’s signatures, before costs can be incurred and reimbursed or grant funds can be expended. Minnesota Housing will not reimburse costs incurred prior to the execution of the Grant Contract Agreement.