Apply for Community Stabilization: Distressed Multifamily Rental Building Program Funding
Minnesota Housing is pleased to announce the availability of up to $50 million in one-time state appropriations for the preservation or recapitalization of distressed buildings. Of this amount, up to $15 million is for the preservation or recapitalization of housing that includes supportive housing. The $50 million will be distributed as grants or loans through a competitive request for proposals (RFP) process.
Community Stabilization: Distressed Multifamily Rental Building Program (Program) RFP applications are due by noon Central Time on Wednesday, November 19, 2025.
Application materials and resources can be found on Minnesota Housing’s Community Stabilization: Distressed Multifamily Rental Housing Program webpage. Review the Program Guide for complete program eligibility requirements, eligible uses, definitions, and other program information.
If you would like to receive email updates related to this RFP, subscribe to our eNews.
Virtual Information Sessions
Minnesota Housing staff will host three virtual Community Stabilization: Distressed Multifamily Rental Building Program RFP information sessions to go over various topics related to the program RFP. The first information session is on Tuesday, September 2. Potential applicants are encouraged to attend.
Information Session One
Tuesday, September 2, 2025
1:00–2:00 p.m. Central Time
This information session will provide an overview of the program requirements and application materials and allow time for questions.
For accessibility accommodations, call 651.707.4040 or email Ben Eggersdorfer at ben.eggersdorfer@state.mn.us by Wednesday, August 27, 2025.
If you are unable to attend the virtual information session, it will be recorded and available on Minnesota Housing’s Community Stabilization: Distressed Multifamily Rental Building Program webpage at a later date.
Additional virtual information sessions will be held on Tuesday, October 7, 2025, at 1:00 p.m. Central Time and Tuesday, October 28, 2025, at 10:00 a.m. Central Time. For more information see Chapter 8 of the Community Stabilization: Distressed Multifamily Rental Building Program Request for Proposals Application Instructions. An eNews with a registration link will be sent out prior to each virtual information session.
Questions?
Contact Beverly Wilharm at distressedbldg.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 2024, the Agency distributed $1.96 billion in resources and served 73,650 households. Visit our website to learn more.
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