Dozens of organizations statewide support the MN Tax Credit Contribution Fund!
Momentum around the Minnesota Affordable Housing Tax Credit continues to build, as community leaders across the state recognize the potential of this innovative new tool that encourages local businesses and neighbors to invest in their community by creating housing opportunities. Learn more – Affordable Housing Tax Credit one-pager. Join the organizations below as a supporter – here. Supporting organizations will be added to the following letter:
Dear [lawmaker],
Minnesota needs new sources of predictable and sustainable funding for the development and preservation of affordable homes. Please support the Minnesota Affordable Housing Tax Credit, which will mobilize private investment in projects where the market is not working. A Minnesota Affordable Housing Tax Credit leverages participation from the private market, demonstrates local support by growing the number of stakeholders invested and engaged in affordable housing, and builds support for specific local developments as well as broader state housing needs.
For every $25 million in affordable housing tax credits, we can rehab more than 1,700 homes, build up to 700 new affordable homes, or deepen the affordability for 1,000 homes. The tax credit is a job generator: we can create 700 new jobs. The credit is a local community economic development tool: we can increase local property taxes by $350,000.
The Minnesota Affordable Housing Tax Credit is about neighbors helping neighbors to create housing opportunities that help businesses and communities thrive. Please join us in supporting this innovative new tool.
Sincerely,
[Signing organizations]
Organizations that support the Minnesota Tax Credit Contribution Fund for Affordable Housing
Updated May 17, 2019
Aeon |
Ain Dah Yung Center |
Alliance Bank |
Alliance Housing Inc. |
Artspace |
Aspire Care Corporation |
Association of Minnesota Counties |
BKV Group |
Baker Tilly |
Boisclair Corporation |
Builders Association of Minnesota |
Cermak Rhoades Architects |
Chisago County HRA-EDA |
Churches United in Ministry (CHUM) |
City of Kasson |
City of Rochester |
City of Saint Paul, Planning and Economic Development |
City of Thief River Falls |
City of Winona |
Clare Housing |
CommonBond Communities |
D. W. Jones, Inc. |
Digi-Key Corporation |
Dominium |
Dougherty Mortgage LLC |
Duluth Area Chamber of Commerce |
Duluth HRA |
Duluth LISC |
Eagle Building Company |
Frerichs Construction |
Greater Metropolitan Housing Corporation |
Greater Minnesota Housing Fund |
Growth & Justice |
Headwaters Regional Development Commission |
Hess, Roise and Company |
Homes for All MN |
Housing Justice Center |
HRA of Hibbing |
Laura Baker Services Association |
League of Minnesota Cities |
LISC – Twin Cities |
Metropolitan Consortium of Community Developers |
Midwest Minnesota Community Development Corporation |
Minneapolis Regional Chamber |
Minnesota Association of Small Cities |
Minnesota Building and Construction Trades Council |
Minnesota Coalition for the Homeless |
Minnesota Homeownership Center |
Minnesota Multi Housing Association |
Minnesota NAHRO |
MWF Properties, LLC |
Northwest Minnesota Foundation |
Olmsted County HRA |
One Roof Community Housing |
Peoples State Bank Plainview, MN |
PRG Inc. |
Project for Pride in Living |
Red Wing Housing and Redevelopment Authority |
Rochester Area Economic Development, Inc |
Rochester Area Foundation – First Homes |
Ron Clark Construction and Design |
Saint Paul Area Chamber of Commerce |
Sand Companies, Inc. |
Schafer Richardson, Inc. – Minneapolis |
Scott County CDA |
Southeast Minnesota Multi-County Housing and Redevelopment Authority |
Southeastern Minnesota League of Municipalities |
Shelter Corporation |
Solid Ground |
Southwest Minnesota Housing Partnership |
The Schuett Companies, Inc. |
Thief River Falls Chamber of Commerce |
Three Rivers Community Action |
Twin Cities Habitat for Humanity |
Twin Cities Housing Development Corporation |
Watson-Forsberg Co. |
Western Bank, a Division of American National Bank |