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The 2022 Multifamily Consolidated Request for Proposals/2023 Housing Tax Credits Round 1 is fast approaching and we are releasing early application materials to help applicants move forward in the application process.
We also want to share the following important dates and information as well as general Multifamily updates and reminders.
In this eNews:
2022 Multifamily Consolidated Request for Proposals/2023 Housing Tax Credits Round 1 Application Dates
2022 Multifamily Consolidated RFP Technical Assistance Kickoff Registration
Section 811 Project-based Rental Assistance (PRA) Program Pre-Application
Innovative Construction Techniques Pre-application
Reminder: Apply for Funding through the Multifamily Customer Portal
Projects with Existing Minnesota Housing Debt
Market Studies: Updated Market Analyst List
Choice Limiting Actions
Scoring Tips: Walk Score
Staying in Touch
Looking to Rehab a Property Outside of the Consolidated RFP?
2022 Multifamily Consolidated Request for Proposals/2023 Housing Tax Credits Round 1 Application Dates
The expected dates for the 2022 Multifamily (MF) Consolidated Request for Proposals (RFP)/2023 Housing Tax Credits (HTC) Round 1 are listed below.
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Wednesday, April 13: Consolidated RFP published and Intent to Apply and application materials available in the Multifamily Customer Portal
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Thursday, April 28 at noon: Pre-application for Innovative Construction Techniques and Section 811 PRA due
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Thursday, May 5 at noon: Applicants will be notified of Innovative Construction Techniques and Section 811 PRA Program eligibility
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Thursday, May 19 at noon: Intent to Apply deadline – required for all Multifamily applications (date may change based on state legislative actions). Please be aware that projects that do not meet this deadline will not be able to apply.
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Thursday, July 14 at noon: Multifamily application deadline
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December 15: Minnesota Housing board meeting to approve selections
Stay up to date on 2022 MF Consolidated RFP/2023 HTC Round 1 news and updates by signing up for our eNews list.
Several important application pieces that allow applicants to get started sooner are available now on our website:
General Documents:
Preservation Document:
Supportive Housing Documents:
Coming Soon:
- Scoring Guide: 2022 – 2023 HTC. We anticipate releasing the 2022 – 2023 HTC Scoring Guide before April 13, so check our website frequently.
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All other application materials will be released on April 13.
2022 Multifamily Consolidated RFP Technical Assistance Kickoff Registration
You're Invited: 2022 Multifamily Consolidated Request for Proposals and Technical Assistance Kickoff
In preparation for the 2022 MF Consolidated RFP/2023 HTC Round 1, you're invited to a MF Consolidated RFP and Technical Assistance (TA) Kickoff event.
We will share new information about the 2022 RFP/2023 HTC Round 1, including updates on funding and resource requirements, scoring requirements, and guidance on how to submit a competitive application. Whether you are new to the RFP or have applied previously, the Kickoff event will be informative.
The Consolidated RFP and TA Kickoff is not a replacement for more focused, project-specific TA. Minnesota Housing recently rolled out a new TA request form! Please complete and submit our Technical Assistance Request Form and you will be connected with a staff person who can discuss specifics about your proposal and answer your questions.
WHEN
Tuesday, April 19: This day will focus on introductory content for emerging developers and developers new to Minnesota Housing.
Wednesday, April 20: This day will focus on Consolidated RFP updates.
WHERE
Virtually via GoTo Meeting.
REGISTRATION
Registration information will be available shortly.
Section 811 Project-based Rental Assistance (PRA)
Program Pre-Application
Section 811 PRA is a program of the U.S. Department of Housing and Urban Development (HUD) for project-based rental assistance for supportive housing that serves people with disabilities. The purpose of Section 811 PRA is to expand the supply of supportive housing that promotes and facilitates community integration for people with significant and long-term disabilities. In partnership with the Minnesota Department of Human Services, Minnesota Housing was awarded funding for approximately 160 new units of PRA.
Section 811 PRA is available for units for people with disabilities through the 2022 Consolidated RFP. Applicants must submit a Section 811 PRA pre-application to determine eligibility for the program prior to submitting a full Consolidated RFP application. Applicants will be notified about eligibility for the program prior to the application due date. More information about the program can be found on the Section 811 webpage.
For questions about Section 811 PRA, contact Ellie Miller at ellie.miller@state.mn.us or 651.251.6236.
Section 811 PRA Pre-application Submission Deadline and Instructions
Section 811 pre-applications are due by 12:00 p.m. (noon) CT on Thursday, April 28. Minnesota Housing will review pre-applications and inform applicants about eligibility for the program by Thursday, May 5.
While Section 811 PRA pre-application materials need to be submitted in the Multifamily Customer Portal beginning on April 13, we are releasing them early so applicants can get started.
All application dates are contingent on a final award agreement between Minnesota Housing and HUD.
Innovative Construction Techniques Pre-application
Minnesota Housing is offering a selection preference for projects that will use Innovative Construction Techniques (ICT). To be eligible for this selection preference, a pre-application is required for projects that will achieve or will pilot a technique to achieve one or both of the following goals:
- Reduce total construction cost by at least 10%, and/or
- Reduce the time a project is under construction by at least 20%
Refer to the 2022-2023 Self-Scoring Worksheet and the Innovative Construction Techniques Pre-application Requirements for additional details on how the preference will be used to evaluate different project proposal types that apply in the Consolidated RFP, and in accordance with the 2022-2023 Qualified Allocation Plan and the Consolidated RFP Application Instructions.
Pre-Application Submission Deadline and Instructions
ICT pre-applications are due by 12:00 p.m. (noon) CT on Wednesday, April 28. Minnesota Housing will review pre-applications and inform applicants whether their proposed ICT is approved for the ICT preference no later than Thursday, May 5.
Submit the required items listed in the Innovative Construction Techniques Pre-application to the Multifamily Customer Portal beginning on April 13.
For questions about ICT, please contact Mike Thomas, Staff Architect, at mike.thomas@state.mn.us or 651.276.1170.
Reminder: Apply for Funding through the Multifamily Customer Portal
As a reminder, all developers must apply for funding in our Multifamily Customer Portal. To learn more about the Portal and to request a user account, visit our Portal resources webpage.
Beginning on Wednesday, April 13, the following will be available in the 2022 RFP/2023 HTC Round 1 funding round:
- Section 811 PRA Pre-application checklist
- Innovative Construction Techniques Pre-application checklist
- Application checklist
Projects with Existing Minnesota Housing Debt
If a preservation project has existing Minnesota Housing debt that you want counted under Financial Readiness to Proceed/Leveraged Funds in the Self-Scoring worksheet, contact the Request for Action (RFA) team no later than Wednesday, May 11, 2022 If you don’t contact us by this date, Minnesota Housing staff may not have time to process your request, which could impact scoring.
Market Studies: Updated Market Analyst List
The Internal Revenue Code Section 42(m)(1)(A)(iii) requires HTC projects to select an authorized market analyst to complete a market study when submitting an HTC project proposal for funding. The Authorized Market Analyst List has been updated and is current for the 2022 Consolidated RFP. You must use an analyst from this list.
Minnesota Housing does not endorse or recommend any market analyst on the list and will not be a party to the individual transactions. Analysts must follow Minnesota Housing’s Market Study Guidelines.
Choice Limiting Actions
HUD's regulations at 24 CFR 58.22 prohibit recipients and their partners from committing or spending HUD or non-HUD funds on any activity that could have an adverse environmental impact or limit the choice of reasonable alternatives prior to completion of an environmental review once a project has become "federal."
If you are applying for a first mortgage from Minnesota Housing, be aware that this source triggers an environmental review, which must be completed prior to taking any choice limiting actions. Taking any of these actions prior to completion of the environmental review will cause your project to be ineligible for federal funding.
Choice limiting actions include:
- Completing site acquisition
- Demolition
- Signing any contracts such as architect’s contracts, general contractor contracts, attorney contracts, purchase contracts for materials, etc.
- Spending money: Purchase of supplies and materials intended for the project
- Construction or rehabilitation beyond normal, routine property maintenance
If you have any questions, please contact Aaron Keniski, Federal Programs Manager, at
aaron.keniski@state.mn.us or 651.296.9821.
Scoring Tips: Walk Score
If applicants would like to request revisions of a location’s Walk Score, contact Walk Score directly at mhfa-request@walkscore.com. Walk Score staff will review the request and make necessary adjustments to scoring within 45 business days. If an address cannot be found in the Walk Score tool, use the closest intersection within ¼ mile of the proposed location. For more information contact Kody Thurnau at kody.thurnau@state.mn.us or 651.215.5972.
Staying in Touch
Sign Up for Application Updates
Stay up to date on 2022 Consolidated RFP/2023 Housing Tax Credits Round 1 news and updates by signing up for our eNews list.
Questions about the 2022 Consolidated RFP/2023 HTC Round 1?
Looking to Rehab a Property Outside of the Consolidated RFP?
Minnesota Housing offers amortizing first mortgages year-round with terms up to 35 years! You can refinance and/or rehab properties of any age by using the proceeds of a Low and Moderate Income Rental (LMIR) loan.
Did you know that equity cash-out is permitted with refinances? Fix up your existing properties or invest in other housing opportunities by refinancing today.
Contact Caryn Polito to learn more and get started.
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