MN Housing board update: Cultural competence, community dialogues and $1 billion for affordable housing in 2017
- Created: Wednesday, 05 October 2016 14:47
- Written by Chip Halbach
During its September meeting, the board of the Minnesota Housing Finance Agency (MHFA) covered a range of topics including cultural competency and cost containment measures within the organization. The board granted concept approval of awards to two nonprofit housing financing programs, and $1.6 million in Housing Counseling (HECAT) Funds, which support homeowner/homebuyer education.
MHFA also approved the 2017 Affordable Housing Plan, which outlines priorities for MHFA efforts. The agency expects to lend more than $1 billion in support of these efforts over the course of the program year, which began October 1.