 Two Weeks Until the 2024 Single Family Request for Proposals (RFP) Deadline
The deadline to apply for the 2024 Single Family RFP is just over two weeks away, on July 11, 2024, at noon Central time. Visit the Impact Fund webpage for information and application materials.
Ensure your application is complete by following the Application Checklist on page 16 of the Single Family RFP Application Instructions. Want more information about the program, application materials and scoring process? Watch the recording of the 2024 Single Family RFP Information Session. Don’t have time to watch the video? The slides from the presentation are also available, including the presenters’ notes.
2024 Single Family RFP Frequently Asked Questions (FAQ) Now Available
Questions received about the Single Family RFP on or before the question deadline of June 20, 2024 have now been posted in an FAQ document available on the Impact Fund webpage.
No questions submitted after the June 20 deadline will be answered. The question deadline is a requirement of the Office of Grants Management and is meant to ensure that all applicants and prospective applicants have access to the same information.
State Legislative Update: Housing Development Resources for Consolidated RFP
The historic 2023 legislative session provided $200 million in Housing Infrastructure appropriations and $121 million for the Economic Development Housing Challenge (EDHC) Program. These two programs are central components of the annual Minnesota Housing Consolidated RFP. Due to incredibly high application demand and critical housing needs across the state, approximately 75% of that funding was committed in 2023 for affordable multifamily rental production and preservation, single family home ownership activities, and manufactured housing community preservation.
The 2024 legislative session that ended in May provided an additional $50 million for Housing Infrastructure Bonds and reallocated $7 million of the remaining EDHC balance to another program. The legislature has made other funding sources available for single family projects that will be awarded through the 2024 Single Family RFP, notably the State Housing Tax Credit, and Workforce and Affordable Homeownership Development programs.
eNews Archive
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Questions?
Contact the Impact Fund team at impact.fund.mhfa@state.mn.us
About Minnesota Housing
Minnesota Housing, the state’s housing finance agency, works to provide access to safe, stable and accessible housing Minnesotans can afford in a community of their choice. In 2023, the Agency distributed $1.85 billion in resources and served 69,500 households. Visit our website to learn more.
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