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 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.
Touching down on the runway of BRW airport in Utqiaġvik, Alaska (the community formerly known as Barrow), we could already tell from the views of ice floes in the Arctic Ocean and mossy tundra that we were in for a new experience. In late June 2021, Warren Kramer, Community Development…
Through its participation in MHP’s Housing Institute, Lanesboro partners are working to address the area’s severe lack of available housing and create solutions. Established in 2010, MHPs Housing Institute brings together housing leaders and stakeholders to share their experiences, learn best practices, and develop creative solutions to bring quality…
An iconic former school made of sandstone — in the City of Sandstone — will soon become a place to call home. Once complete, The Rock, as it’s known locally, will be a shining example of the adaptive reuse of a historic local landmark. Sandstone and the surrounding Pine County…
Housing is hard to find right now in the Borderland, but the reuse of the Alexander-Baker building in International Falls will provide 30 units of affordable housing in the community, and preserve a building with rich history. “The evidence was there — almost 40 years’ worth. Unless our…
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…
St. Paul, MN (July 30, 2019) — Today, Minnesota Housing Partnership is announcing the release of its Local Housing Trust Fund Manual for Minnesota. Local Housing Trust Funds are established by a local government by dedicating local public revenue for housing. With 80 pages…
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. …
This month, MHP celebrated the six year anniversary of the Housing Institute with our partners at Greater Minnesota Housing Fund — and rural housing leaders from across the state. To mark the milestone, we examined the evolution, successes and impact of this transformative program…