Support Housing and Qualify for a Tax Credit

The State Housing Tax Credit (SHTC) Program and Contribution Fund allows taxpayers to invest in housing across the state. 

When you contribute, you support housing for all Minnesotans and can qualify for a state tax credit of 85% of your contribution! 

Who can contribute?

People or businesses that pay Minnesota taxes and meet eligibility requirements can contribute.

Contributions must be at least $1,000 and cannot exceed $2 million each tax year.

What happens to my contribution?

Contributions will be used to develop and fund affordable housing throughout Minnesota. 

Your contributions can go to:

• The General Contribution Pool: awarded to cities, federally recognized American Indian tribes, developers, nonprofits, public housing authorities, and more
• A Qualified Project

During the application process, you can select where you'd like your contribution to go.

How do I contribute?

Applications to contribute to the 2026 State Housing Tax Credit Contribution Fund open on Monday, February 16, 2026!

The 2026 SHTC contribution process is as follows:

1. Complete the State Housing Tax Credit Contribution Application: Eligible taxpayers complete and submit the online State Housing Tax Credit Contribution Application. Submitting an application reserves SHTCs while Minnesota Housing reviews your information. Applicants will not receive an automated confirmation email upon submission.
2. Application Review by Minnesota Housing: Minnesota Housing staff reviews the application. If the application is accepted, the applicant will receive an email via DocuSign, typically within 10 business days, with a document to electronically sign and payment instructions. If the application is not accepted, Minnesota Housing staff will notify the applicant.
3. Submit Signed Document and Contribution: To secure tax credits, the applicant must return the signed document and full payment within the timeframe specified in the DocuSign email. Failure to do so may result in withdrawal of the application.
4. Issuance of Tax Credit Certificate: Once Minnesota Housing receives the signed document and funds, the tax credit certificate will be issued within 30 days.

Contributions are irrevocable. Minnesota Housing may, at its sole discretion, decline to issue a tax credit certificate and return any contribution. Minnesota Housing cannot provide tax advice and recommends consulting with a tax professional.

How do I claim the tax credit?

The Minnesota Department of Revenue provides information on their website regarding claiming the credit. Instructions are also provided with the tax credit certificate.

Note: Minnesota Housing does not provide tax advice and recommends consulting with a tax professional.

I have other questions. Where can I get more information?

For questions about contributing, read our Frequently Asked Questions.

For questions about the program, visit the State Housing Tax Credit Program and Contribution Fund webpage.