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The 2024 Multifamily Consolidated Request for Proposals (RFP)/2025 Housing Tax Credits (HTC) Round 1 is open for applications! In this eNews, perspective applicants will find updates to the senior housing narrative, Intent to Apply tips, registration information for HUD Section 811 Project-Based Rental Assistance Program Technical Assistance Session and other updates and reminders.
In this eNews
In Case You Missed It (ICYMI)
2024 Multifamily Consolidated RFP/2025 HTC Round 1 Application Dates
The 2024 Multifamily Consolidated RFP/2025 HTC Round 1 are listed below and on the Multifamily Consolidated RFP/HTC Funding Rounds webpage.
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Wednesday, April 10: All 2024 Multifamily Consolidated RFP/2025 HTC Round 1 application materials available on the Multifamily Consolidated RFP/HTC Funding Rounds webpage and in the Multifamily Customer Portal; Intent to Apply and pre-applications for the United States Department of Housing and Urban Development (HUD) Section 811 Project-Based Rental Assistance (PRA) Program and preference for Innovative Construction Techniques (ICT) is available to submit
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Tuesday, May 7 at noon Central Time: Intent to Apply deadline – required for all 2024 Multifamily Consolidated RFP/2025 HTC Round 1 applications
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Friday, May 10: Deadline to contact the Request for Action (RFA) team if a preservation project has existing Minnesota Housing debt that you want counted under Financial Readiness to Proceed/Leveraged Funds and Other Contributions selection criteria in the Self-Scoring Worksheet
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Thursday, May 30 at noon Central Time: Pre-applications for HUD Section 811 PRA Program and ICT selection preference due in the Multifamily Customer Portal
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Thursday, July 11 at noon Central Time: 2024 Multifamily Consolidated RFP/2025 HTC Round 1 applications due in the Multifamily Customer Portal
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December: Selection recommendations presented at Minnesota Housing board members meeting
Stay up to date on 2024 Multifamily Consolidated RFP/2025 HTC Round 1 news and updates by signing up for our eNews list or email mhfa.consolidated.rfp@state.mn.us.
Senior Housing Narrative Revised
The Senior Housing Narrative has been revised to include the updated income requirement(s), new eligible activities, new design requirements and removed the market study references. More information regarding the market study requirement updates can be found in our January 18 eNews. Returning applicants from the 2023 Multifamily Consolidated RFP/2024 HTC rounds may resubmit the narrative from last year. New applicants for this 2024 Multifamily Consolidated RFP/2025 HTC Round 1 must use the revised Senior Housing Narrative.
Questions?
Contact mhfa.consolidated.rfp@state.mn.us.
Reminder: Intent to Apply Deadline is Tuesday, May 7, 2024
The Intent to Apply (ITA) is required for all 2024 Multifamily Consolidated RFP/2025 HTC Round 1 applications, and the deadline to submit in the Multifamily Customer Portal is noon Central Time on Tuesday, May 7, 2024. Projects that do not complete the ITA or meet this deadline will not be able to submit a full application. There are no checklist items or cost associated with the ITA.
For more information about ITA, view the Multifamily RFP Standards and the New to Intent to Apply: Estimated Scores Report section below.
Questions?
Contact mhfa.consolidated.rfp@state.mn.us or refer to our March 20 eNews for more information.
Tips for Submitting a Successful Intent to Apply
Projects that do not complete the ITA or meet the ITA deadline will not be able to submit a full application for the 2024 Multifamily Consolidated RFP/2025 HTC Round 1. To ensure a successful ITA submission, here are some helpful tips:
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Watch Portal Tutorials to learn about the Intent to Apply process. Tutorials can be found in the How do I use the Portal? section of the Multifamily Customer Portal Resources webpage.
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Create your project before the deadline. Use the Apply for Funding Wizard to create your project in the funding round. You cannot add additional projects after the Intent to Apply deadline.
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Select your project characteristics. All projects must have at least one proposal type and one construction type selected.
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Confirm the project details match your selected characteristics. Review the fields on the project details tab to confirm they align with your project characteristics. Update the proposal types, project type and estimated score as needed.
Once the ITA for the project has been created, the project’s primary address, D# and project number in Portal must match the Multifamily Workbook. These items will be validated during the evaluation period.
Questions?
Contact mhfa.app@state.mn.us.
REGISTRATION NOW OPEN: HUD Section 811 PRA Program Technical Assistance Session
You are invited to attend a virtual HUD Section 811 PRA Program Pre-Application technical assistance session on May 23, 2024. All 2024 Multifamily Consolidated RFP/2025 HTC Round 1 applicants interested in submitting a HUD Section 811 PRA Program Pre-Application are encouraged to attend.
HUD Section 811 PRA Program Technical Assistance Session
Thursday, May 23, 2024
11 a.m. – noon Central Time
This session will provide technical assistance to all owners who are interested in and intend to apply for HUD Section 811 Program funds. The session will give owners that are less familiar with the HUD Section 811 PRA Program a chance to better understand the program and if it’s a good fit.
Questions?
Contact Ellie Miller at ellie.miller@state.mn.us.
2024 Multifamily Consolidated RFP/2025 HTC Round 1 Virtual Kickoff Event Recording Now Available
The Multifamily Consolidated RFP team hosted a two-day event providing perspective applicants with general and detailed information regarding the 2024 Multifamily Consolidated RFP/2025 HTC Round 1. The first session provided an introductory overview of the Multifamily Consolidated RFP and the second session focused on updates regarding the Multifamily Consolidated RFP process and programs, estimated budget and tips and tricks to help applicants submit an application.
The recorded events are now available for review on the Multifamily Consolidated Request for Proposals/Housing Tax Credits Funding Rounds webpage. Scroll down to the Training Resources tab found under the 2024 Multifamily Consolidated RFP and 2025 Housing Tax HTC Round 1 section.
In Case You Missed It (ICYMI)
New to Intent to Apply: Estimated Scores Report
Minnesota Housing is excited to implement a new tool, the estimated scores report. At ITA, prospective applicants will be required to input data, including the project location, estimated project type and the estimated score from the Self-Scoring Worksheet. Using the prospective applications’ ITA information, the Estimated Scores tab will populate.
The purpose of the estimated scores report is to assist prospective applicants in determining their application’s competitiveness, which may result in applicants restructuring their project’s characteristics and/or altering their application submittal timeline.
The estimated scores report is for information purposes only and are in no way binding or a guarantee of final scores or awards. Estimated scores are created by perspective applicants, not Minnesota Housing. Final scores will be validated by Minnesota Housing during the evaluation process.
Questions?
Learn more in the Multifamily RFP Standards, and watch the second session of the 2024 Multifamily Consolidated RFP/2025 HTC Round 1 Virtual Kickoff Event for more information. Contact mhfa.consolidated.rfp@state.mn.us with any questions.
HUD Section 811 Project-Based Rental Assistance Program Pre-Application Due May 30
The HUD Section 811 PRA Program Pre-Application is now open in the Multifamily Customer Portal. Applicants must submit the HUD Section 811 PRA Pre-Application to determine eligibility for the program prior to submitting a full 2024 Multifamily Consolidated RFP/2025 HTC Round 1 application. Applicants need to apply and be selected for capital funding through the Multifamily Consolidated RFP/HTC Round 1 to be eligible to receive HUD Section 811 PRA funds. Applicants cannot apply for only HUD Section 811 PRA funding in the Multifamily Consolidated RFP/HTC Round 1.
HUD Section 811 PRA pre-applications are due in the Multifamily Customer Portal by Thursday, May 30 at noon Central Time. Applicants will be notified about eligibility for the program on or before Wednesday, June 12, 2024. Awards are contingent on funding availability.
More information can be found on Minnesota Housing’s Multifamily Consolidated Request for Proposals/Housing Tax Credits Funding Rounds webpage and in our March 20 eNews.
Questions?
Contact Ellie Miller at ellie.miller@state.mn.us.
Preference for Innovative Construction Techniques Pre-Application Due May 30
The Preference for Innovative Construction Techniques Pre-Application is now open in the Multifamily Customer Portal. Proposed projects must achieve, or 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%
All six of the conditions a proposed project must meet are outlined in the Innovation Construction Techniques Pre-Application Requirements.
Applicants are required to submit a pre-application to be eligible for this selection preference. ICT pre-applications are due in the Multifamily Customer Portal by noon Central Time on Thursday, May 30, 2024. Applicants will be notified about eligibility for the selection preference on or before Wednesday, June 12, 2024.
More information can be found on Minnesota Housing’s Multifamily Consolidated Request for Proposals/Housing Tax Credits Funding Rounds webpage and in our March 20 eNews.
Questions?
Contact Mike Thomas at mike.thomas@state.mn.us or 651.276.1170.
Metropolitan Council Local Housing Incentives Account Funding Available Through the 2024 Multifamily Consolidated RFP
The Metropolitan Council announced a total of $2.5 million was approved for the Local Housing Incentives Account (LHIA). These dollars will be available in the multifamily deferred pool of financing in the 2024 Multifamily Consolidated RFP. Only projects located in participating cities that have enrolled in the Metropolitan Council’s LHIA program are eligible for these funds.
LHIA may be awarded without Minnesota Housing funding. However, a complete 2024 Multifamily Consolidated RFP/2025 HTC Round 1 application must be submitted in the Multifamily Customer Portal to be considered. Applications are due by noon Central Time on Thursday, July 11, 2024.
More information about the program, including how to apply, matching requirements, eligible uses and more, can be found on Metropolitan Council's Local Housing Incentives Account (LHIA) webpage, on Minnesota Housing’s Multifamily Consolidated Request for Proposals/Housing Tax Credits Funding Rounds webpage and in our April 10 eNews.
Questions?
Contact Ashleigh Johnson, Metropolitan Council’s Senior Planner at ashleigh.johnson@metc.state.mn.us.
For technical assistance from Minnesota Housing, complete the Technical Assistance Request Form.
Saint Paul Public Housing Agency Announces Project-Based Vouchers Available Through the 2024 Multifamily Consolidated RFP
Saint Paul Public Housing Agency (PHA) is offering up to 150 Project Based Vouchers (PBV). Of the total 150 PBVs, 100 PBVs are available under the “mixed-income” criteria and the remaining 50 are specifically for the following special populations and circumstances:
- Homeless families, as defined under the McKinney-Vento Homeless Assistance Act
- Veterans, as defined by Saint Paul PHA
- Units that offer supportive housing to persons with disabilities or elderly persons, as defined by Saint Paul PHA
- Units that are located in a census tract with a poverty rate of 20 percent or less
Applications will be accepted only through the 2024 Saint Paul PHA Voucher Application in the Multifamily Customer Portal, and are due by noon Central Time on Thursday, July 11, 2024.
Additional information, including how to apply, eligible projects, selection criteria and more, can be found on Saint Paul PHA’s PBV Program: Development Applications webpage, in Saint Paul PHA’s PBV Rental Assistance Program Guide, on Minnesota Housing’s Multifamily Consolidated Request for Proposals/Housing Tax Credits Funding Rounds webpage and in our April 10 eNews.
Questions?
Contact Corina Serrano at corina.serrano@stpha.org.
For technical assistance from Minnesota Housing, complete the Technical Assistance Request Form.
For Multifamily Customer Portal questions, email mhfa.app@state.mn.us.
Reminder: Apply for Funding Through the Multifamily Customer Portal
All 2024 Multifamily Consolidated RFP/2025 HTC Round 1 applicants must apply for funding through the Multifamily Customer Portal. To learn more about the Multifamily Customer Portal and to request a user account, visit our Multifamily Customer Portal Resources webpage.
2024 Multifamily Consolidated RFP/2025 HTC Round 1
The following is now available in the Multifamily Customer Portal for the 2024 Multifamily Consolidated RFP/2025 HTC Round 1 Application:
- Intent to Apply
- HUD Section 811 PRA Pre-Application checklist
- Innovative Construction Techniques Pre-Application checklist
- Application forms and checklists
- Scoring Wizard
- Funding partner application for Metropolitan Council’s LHIA funds
2024 Saint Paul Public Housing Agency (PHA) Project-Based Vouchers (PBVs)
The funding partner application for Saint Paul PHA PBVs is available through the Multifamily Customer Portal. Additional details on Saint Paul PHA’s PBVs, how to apply and other important information can be found in our April 10 eNews.
Application Materials Updates
Last year many of the Multifamily Consolidated RFP/HTC application documents transitioned from annual to biennial forms to align with the two-year Qualified Allocation Plan (QAP) and Self-Scoring Worksheet.
Refer to the instructions on each application form to identify if it is applicable for both the 2023 and 2024 Multifamily Consolidated RFPs/2024 and 2025 HTC funding rounds. For application forms identified as an annual application form, a new application form and supporting document must be completed; outdated forms and/or supporting documents may have a negative impact on the project or considered ineligible for further processing.
Learn more in our March 5 eNews, and watch the second session of the 2024 Multifamily Consolidated RFP/2025 HTC Round 1 Virtual Kickoff Event for more information.
Questions?
Contact mhfa.consolidated.rfp@state.mn.us.
Technical Assistance is Available
Minnesota Housing wants to help applicants submit competitive proposals. Technical assistance is strongly encouraged. Check out the technical assistance and training opportunities below:
Request for Action Submission Deadline is Friday, May 10
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 Friday, May 10, 2024. If you do not contact the RFA team by this date, Minnesota Housing staff will not have time to process your request, which could impact scoring.
Shopping for a First Mortgage or Thinking About Refinancing?
 Minnesota Housing wants to work with you on all your multifamily first mortgage needs! Our Low and Moderate Income Rental (LMIR) first mortgages have terms up to 40 years for new construction or 35 years for rehabilitation or refinance. Our first mortgages are available year-round.
View our current interest rates and terms to learn more about what we offer.
Questions?
Contact Mike Tobias at michael.tobias@state.mn.us to get started.
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