Multifamily Housing News:
Register Today for QAP and Consolidated RFP Funding Priorities Engagement Opportunities and 4% HTC with Private Activity Bonds Webinar
Please see below for the latest round-up of Multifamily news and updates.
Engagement Opportunities for Qualified Allocation Plan and Consolidated Request for Proposals Funding Priorities
In Minnesota Housing’s November 16, 2021 eNews, we shared our anticipated development timeline and engagement opportunities for the 2024-2025 Qualified Allocation Plan (QAP) and 2023-2024 Consolidated Request for Proposals (RFP) funding priorities. Please join us at an upcoming session to learn more and share feedback.
Minnesota Housing will offer a general information session open to all partners, cities and industry professionals throughout the state where we will share our policy ideas for the next QAP iteration. Attendees will have an opportunity to ask questions and provide feedback to Minnesota Housing staff.
When: Wednesday, December 15, 2021 from 10:30 a.m. - 12:00 p.m. CT
Greater Minnesota Housing Fund (GMHF) and Minnesota Housing are partnering to offer virtual forums with regional focuses. The December forums have been rescheduled to later dates. We will send an eNews with updated information in the coming weeks.
Can’t attend a session? We still want to hear from you! Please refer to the November 16 eNews to see our policy areas of interest and email your comments to the Housing Tax Credit team at htc.mhfa@state.mn.us by Friday, December 31, 2021.
REMINDER: 4% Housing Tax Credits with Private Activity Bonds (4% Only) Application Process and Webinar
Minnesota Housing is accepting pre-applications for an allocation of 2022 4% Only Housing Tax Credits (HTC) for projects expected to be financed with tax-exempt volume limited bonding authority from Minnesota Management and Budget (MMB). Read our October 20, 2021 eNews to learn more.
Webinar Reminder
There is still time for developers, bond counsel, financial advisors, local government staff and others who work with developers on applications for private activity bonds and intend to apply to Minnesota Housing for 4% Only HTC to register to attend an informational training session. This training will provide information on Minnesota Housing’s review process and an overview of requirements of the 2022-2023 HTC Qualified Allocation Plan (QAP) and new Tenant Selection Plan Guidelines.
When: Monday, November 29, 2021 from 1:00 – 2:30 p.m. CT
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