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This eNews serves as a final notice of Minnesota Housing’s 2024 Multifamily Consolidated Request for Proposals (RFP)/2025 Housing Tax Credit (HTC) Round 1 application deadline. Read on to receive relevant and timely reminders, helpful resources, and catch up on important information.
In this eNews
In Case You Missed It
FINAL REMINDER: 2024 Multifamily Consolidated RFP/2025 HTC Round 1 – Deadline is THIS THURSDAY, JULY 11
The deadline to submit 2024 Multifamily Consolidated RFP/2025 HTC Round 1 applications is Thursday, July 11 by noon Central Time. This deadline also includes submission of the Customer Final Version Scoresheet in the Scoring Wizard, the application checklist(s), application fee(s), and qualification forms with the required financial information. Thank you to our funding partners, the Metropolitan Council and Saint Paul Public Housing Agency for continuing to support multifamily affordable housing for Minnesotans.
Questions?
For general questions, contact mhfa.consolidated.rfp@state.mn.us.
FINAL TIPS for On-Time Application Submission
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Visit the Multifamily Consolidated Request for Proposals/Housing Tax Credits Funding Rounds webpage to find application information, materials, and trainings.
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Review Portal Resources to learn more about the Multifamily Customer Portal (Portal) and view trainings to help guide you through the submission process.
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Update the Project Snapshot and Application fields with the latest information. When applicants create a project in the Portal, some high-level detail about the project, including proposal type(s), number of units, and estimated construction and development costs, is provided. Update these fields under the Details tab to match the current project characteristics.
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Scoring Wizard. Applicants must submit their Customer Final Version scoresheet in the Scoring Wizard by the application deadline. Select the “Verify and Submit” button in the Scoring Wizard for the application to be considered submitted. An email confirmation will be automatically sent from the Portal.
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Use the 2024 Multifamily Workbook. 2024 Multifamily Consolidated RFP/2025 HTC Round 1 applicants must use the 2024 Multifamily Workbook. The workbook version date is located on the Instructions tab and is labeled 2024 03 18 Ver 1.0. Download the latest version from the Portal.
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Include the Property Number (D#) and Project Number(s) (M#) on applicable forms. On many Minnesota Housing forms, applicants are asked to provide a D# and an M#. Refer to the Multifamily Request for Proposals Standards for guidance on D# and M# numbers.
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Upload files as you go. The Portal requires applicants to upload a file to the corresponding checklist item. Do not wait until the last minute to upload the documents. The Portal and Scoring Wizard will not accept submissions after 12:00 p.m. (noon) Central Time on Thursday, July 11, 2024.
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Select “Submit” when you are finished with your application checklist. Documents must be uploaded into every checklist item, or the applicant must select “Opted Out” if the checklist item is optional. Applicants must select the “Submit” button in the Portal for the application to be considered submitted.
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Development team qualification forms. All qualification forms must be submitted to mhfa.app@state.mn.us via the Multifamily Secure Upload Tool. For more information, visit the Development Team Qualification Forms webpage.
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Application fee. All applications must submit the $800 application fee per the Multifamily Fee Remittance Form. There is additional delivery information in the 2024 Multifamily Consolidated RFP/2025 HTC Round 1 Fees and In-Person Delivery section.
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Application signatures. Minnesota Housing will accept electronic signatures on application materials. Refer to the Multifamily RFP Standards for more information.
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Withdrawing applications. If applicants decide not to submit an application, they must select the “Withdraw Project” button in the Portal. The button is located on the project page in the upper right corner of the screen. Applicants may withdraw their application in the Portal any time before the application deadline.
- Submit the application early if it is complete!
Questions?
Contact mhfa.consolidated.rfp@state.mn.us.
FINAL REMINDER: 2024 Multifamily Consolidated RFP Funding Partners Applications – Deadline is THIS THURSDAY, JULY 11
Minnesota Housing has two funding partners who’ve made funding or project-based vouchers available through the 2024 Multifamily Consolidated RFP, Metropolitan Council and Saint Paul Public Housing Agency (PHA).
Each funding partner and their resources have their own parameters and are subject to their respective evaluation and approval process. Prospective applicants interested in the funding partners’ resources may apply for Metropolitan Council funding to complement their Multifamily Consolidated RFP application and/or for the Saint Paul PHA project-based vouchers. Applications are due by noon Central Time on Thursday, July 11, 2024.
Metropolitan Council Local Housing Incentives Account Funds
The Metropolitan Council announced that 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.
What You Need to Know
- 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 Portal to be considered.
- LHIA funds require that the local government entity (city or county) in which the project is located serve as the applicant for the LHIA portion of the funding. This is achieved by the local government completing a Receptivity Form on behalf of the developer/sponsor. The local government entity will serve as the grant recipient (Grantee) for the LHIA Funds.
- Grantees (local government entities) must match LHIA awards on a dollar-for-dollar basis with a source of funding that is either directly from, or designated by, the participating city or development authority; sources include CDBG, HOME, TIF, Housing Trust Fund dollars, tax abatements, local housing revenue bonds, and the appraised value of donated land.
- LHIA grants support primarily hard costs related to the construction and rehabilitation of affordable housing. Land acquisition costs may be an eligible use of grant funds. LHIA grants do not pay for work done before the grant is awarded, with the exception of reimbursement of qualifying land acquisition costs incurred no more than 12 months prior to the date of award.
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Eligible Uses for LHIA Grants
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Ineligible Uses for LHIA Grants
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Gap financing costs, including land acquisition
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Soft costs, or administrative overhead
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Property (structure) acquisition
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Bonds and insurance
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Demolition
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Legal fees
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Site preparation (e.g., water, sewer, roads)
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Permits
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General construction/structural additions
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Travel
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Alterations and rehabilitation
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Grant/bid preparation costs
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Interior and exterior finishing
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Cleanup/abatement costs
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Roofing
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Resident services and/or operations
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Electrical, plumbing and/or heating and ventilation
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How to be Considered for LHIA
- Create a project within the 2024 Multifamily Consolidated RFP/2025 HTC Round 1 funding round in the Multifamily Customer Portal; go to the Characteristics tab and select the “Met Council’s LHIA Funds” characteristic. This will add the General: Met Council LHIA Receptivity Form to your application checklist.
- Reach out to your local government entity (city or county) in which the project is located and request that they serve as the applicant by completing the Met Council LHIA Receptivity Form for the LHIA portion of the funding.
- Upload the completed Met Council LHIA Receptivity Form to your application checklist prior to 2024 Multifamily Consolidated RFP/2025 HTC Round 1 application submission. The General: Met Council LHIA Receptivity Form checklist item is required to be considered for Met Council’s LHIA deferred funding.
Visit Metropolitan Council's Local Housing Incentives Account (LHIA) webpage and Minnesota Housing’s Multifamily Consolidated Request for Proposals/Housing Tax Credits Funding Rounds webpage for more information.
Saint Paul PHA Project-Based Vouchers
Saint Paul 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 available to 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% or less
What You Need to Know
All PBV requests:
- Applicants may mix-match vouchers for each project submitted. However, applicants must request a minimum of 10 vouchers per project. There may be a limit to the number of vouchers requested per project, please see the PBV Program Guide.
- The PBV Program Guide is available on the Saint Paul PHA website.
PBV Only requests:
- Applicants do not need to apply for capital funding through the 2024 Multifamily Consolidated RFP to be eligible for vouchers. The 2024 Saint Paul PHA PBV Application may be submitted by itself through the 2024 Multifamily Consolidated RFP process.
PBV requests with Minnesota Housing capital funding:
- Applicants who are applying for capital funding in conjunction with a voucher request must submit the 2024 Saint Paul PHA PBV Application in the Multifamily Customer Portal as a checklist item. PBV awards are contingent on Minnesota Housing capital funding.
How to Apply
- After logging into the Minnesota Housing’s Multifamily Customer Portal, select the 2024 Saint Paul PHA PBV Application funding round to create the application checklists.
- A checklist will display, select the checklist, complete, and upload the 2024 Saint Paul PHA PBV Application. The 2024 Saint Paul PHA PBV Application is where applicants may request one or more PBV options and provide a brief narrative.
Questions?
For Metropolitan Council Local Housing Incentives Account, contact Ashleigh Johnson at ashleigh.johnson@metc.state.mn.us.
For Saint Paul PHA Project-Based Vouchers, contact Corina Serrano at corina.serrano@stpha.org.
2024 Multifamily Consolidated RFP/2025 HTC Round 1 Fees and In-Person Delivery
The preferred method to receive 2024 Multifamily Consolidated RFP/2025 HTC Round 1 fees is via USPS mail. The Multifamily Fee Remittance Form includes our mailing address, contact information, and fee amounts. Minnesota Housing will accept mailed checks postmarked by the application deadline of July 11, 2024.
The Multifamily Division will also have staff available to accept checks delivered in-person to our office at the following dates and times:
- Wednesday, July 10 between 9 a.m. and 4 p.m. Central Time
- Thursday, July 11 between 9 a.m. and noon Central Time
Minnesota Housing address: 400 Wabasha St. N (Treasure Island office building), Suite 400, St. Paul, MN 55102. Use the elevator to access the 4th floor.
To arrange an in-person delivery outside of these dates and times, contact htc.mhfa@state.mn.us, as indicated in the Multifamily Fee Remittance Form.
Questions?
Contact htc.mhfa@state.mn.us.
Board Selection Recommendations for the 2024 Multifamily Consolidated RFP/2025 HTC Round 1
Minnesota Housing anticipates presenting the 2024 Multifamily Consolidated RFP/2025 HTC Round 1 selection recommendations to the board of directors on Thursday, December 19, 2024.
Board reports are available to the public on the Board of Directors webpage.
Funding partners proposal recommendations will be made at their respective board meetings.
In Case You Missed It
Legislative Update and Resources for the 2024 Multifamily Consolidated RFP/2025 HTC Round 1
Last month Minnesota Housing released an eNews providing a brief overview of housing legislation passed during Minnesota’s 2024 legislative session and an update on resources available for the 2024 Multifamily Consolidated RFP/2025 HTC Round 1. Refer to our June 21 eNews to review the full update.
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