MN Housing board update: Proposed changes to 4 percent tax credit

During its October meeting, the board of the Minnesota Housing Finance Agency (MHFA) covered several critical topics, including $80 million in funding awards from the 2016 Consolidated RFP and proposed changes to the allocation of 4 percent federal housing tax credits. In her opening remarks, Commissioner Mary Tingerthal informed the…

Seeking Solutions: Eric Hauge, HOME Line

This month, MHP released a new report that examines the pace, price and locations of more than 1,000 apartment property sales in the seven-county metro region. The findings are clear: Over the past decade, renters at low- to moderate- income levels have had an increasingly difficult…

Sold Out: Vicki Olson

Sold Out, a report released this month by MHP, analyzed more than 1,000 apartment property sales in the Twin Cities metro region over the past decade. One trend to emerge: higher income households are driving the rental market — putting many low- to moderate- income renters at risk…

Sold Out: Bernard Campbell

Last week, MHP released a new report examining more than 1,000 apartment property sales in the Twin Cities region over the past decade. Sold Out reveals that a hot rental market is putting many metro renters at risk of displacement — and includes the experiences of…

Seeking Solutions: Tim Thompson, HJC

For residents of Crossroads at Penn in Richfield, a new owner and the complex’s subsequent rebranding as “Concierge Apartments,” meant embarking on a challenging search to find a new housing. Over a year ago, Tim Thompson of the HJC decided to step in on behalf of those tenants. Thompson…