- Created: Tuesday, 24 October 2017 13:56
- Written by Laura Proescholdt
Taking over from Chip Halbach, MHFA board meeting minutes will now be reported by MHP's new Executive Director, Anne Mavity.
At its September meeting, the Minnesota Housing Finance Agency (MHFA) board approved the 2018 Affordable Housing Plan (AHP), approved two bond proposals /projects, and heard a presentation on the periodic Cost Containment Report. This was the first MHFA board meeting held in the agency’s new office space.
MHFA’s new office space – formerly the Macy’s building – is located on Wabasha Street in downtown St. Paul. MHFA is the first tenant to occupy the building since the Macy’s store. Since the last board meeting, the agency hired several new staff members who were introduced to the board.
2018 Affordable Housing Plan (AHP)
The board approved the 2018 Affordable Housing Plan (AHP) with little additional discussion. The board discussed the AHP in comprehensive detail at the August 25 board meeting and at the September 11 Board Program Committee meeting. MHFA’s John Peterson mentioned that changes to the AHP are generally minor. Overall, the AHP increases available funds from 2017 by $62 million.