APPLY NOW: Establish a Local Housing Trust Fund now with free assistance from MHP!
MHP is offering FREE assistance to rural communities to establish Local Housing Trust Funds. Funds can be used for education on Local Housing Trust Funds, as well as implementation of LHTF programs and community engagement activities.
In 2023, the Minnesota Legislature appropriated $4.8 million to a Local Housing Trust Fund (LHTF) State Match Program; with $1 million appropriated in a prior year, available funds for the state match program total $5.8 million. In addition, the new programs of Local Affordable Housing Aid and Statewide Affordable Housing Aid, both of which are distributed directly to cities and counties, will consider funds “spent” if they are transferred to a LHTF (if not transferred to a LHTF, funds may be reclaimed by the state if unspent by state deadlines). If you have not yet discussed establishing a LHTF for your community, now is the time, with millions of dollars in state matching funds available!
Please contact Minnesota Housing for information on applying for LHTF State Match Funds.
Local Housing Trust Fund (LHTF) Training Application