Loan Funds

MHP offers two revolving loan funds for expenses incurred during the creation and preservation of affordable housing. Affordable Housing Loans These flexible funds are available for activities related to affordable housing. Eligible activities include: Rehab loan programs Entry cost assistance loan programs Other housing loan programs Construction Financing Gap financing Pre-development…

Section 515 Technical Assistance

Section 515 properties — and the people who call them home — are at risk. Nationwide, hundreds of thousands of seniors, people with disabilities, and low-income individuals and families live in United States Department of Agriculture (USDA) Section 515 rental properties, a crucial source of affordable housing in rural communities.

Local Housing Trust Funds

What is a Local Housing Trust Fund? Local Housing Trust Funds (LHTF) are established by a local government by dedicating local public revenue for housing. They are a consistent, flexible resource for housing within a local jurisdiction. Trust funds help communities leverage public and private resources and jumpstart projects that…

Teams consider what’s next as Housing Institute 6 wraps up

For 18 months as part of MHP’s Housing Institute, teams of local leaders from three Minnesota regions have been working hard to advance a housing-related project to positively impact their communities. The 2018-19 Institute culminated in a final workshop in Willmar, Minnesota on May 14 and 15. …