Risk Mitigation Fund Program
The Property Owner Risk Mitigation Fund (RMF) Program was established pursuant to Minnesota Laws 2023, chapter 37, article 1, section 2, subdivision 9(b). The RMF Program is intended to reduce risks to property owners in efforts to expand housing opportunities for households with barriers to accessing housing or those unable to obtain housing without additional funding coverage or guarantees in place. Grant Proceeds are used to create or expand risk mitigation programs to recruit and engage property owners, reimburse property owners for damages or other eligible costs, link property owners and renter households to tenancy support services, and establish other strategies to support property owners serving eligible households.
Households served by property owners under this Program must be eligible under the FHPAP guidelines outlined in the FHPAP Program Guide. While Grant Proceeds will be directed only to services, activities, and reimbursements for property owners, Grant outcomes will be tracked for both property owners and renters.
Risk Mitigation Fund Program Guide - coming soon
eNews Information
Sign up to receive our eNews alerts to get timely updates about the Property Owner Risk Mitigation Fund (RMF) Program.
Contact
-
Kristen Mortenson, Risk Mitigation Fund OfficerRisk Mitigation Fund Officer