Released in partnership with the Center for Urban and Regional Affairs (CURA), this report compiled and analyzed the nature and effects of the end of affordability restrictions of 4% and 9% low-income housing tax credits (LIHTC) in Minnesota. Policy options for continued affordability in properties that had used low-income tax credits were examined to determine their viability in the state of Minnesota. The report covered both Year 15 LIHTC exits and the traditional Year 30 completion of program obligations and identified properties nearing these critical time points where affordability could be lost. These identified properties can be targeted for use of policy alternatives or to identify communities that will soon be experiencing the loss of affordable housing units.
Thank you to Emily Anderson, MHP Intern and Humphrey School of Public Affairs student in Urban and Regional Planning with a minor in Public Policy. We are grateful to Emily for the amazing work she did to create this report and conduct other meaningful research in the field.
Local Housing Trust Funds in Minnesota: 2020 Update
This report highlights Minnesota cities and counties that have adopted local housing trust funds (LHTFs). Since the adoption of a 2017 state law defining housing trust funds, communities across Minnesota have began adopting LHTFs at an escalating rate. This report provides featured stories from several of these communities across Minnesota.
515 Properties in Minnesota: Preserving affordable rental housing in rural communities
This report describes important affordable rural rental properties across Minnesota and the people who live there. These are rental units that have been financed under the USDA’s Section 515 program. As federal investments in the 515 program have been insufficient and declining for many years, many 515 properties are in declining condition. Part of the effort to save these properties is to quantify and describe these properties and who lives in them. MHP, in collaboration with the University of Minnesota’s Center for Urban and Regional Affairs, analyzed the most recently available data. A more full summary of the report is found here.
MHP's Factsheet provides recommendations and references for local government use of CARES Act funds for housing stability, including CDBG, Emergency Services Grants (ESG), and Coronavirus Relief Funds (CRF). Additional tools for local government housing support, including Local Housing Trust Funds (LHTF) are also provided. This factsheet includes examples of emergency housing assistance programs adopted by by peer communities to address gaps in federal and state aid for housing needs.
This report identifies challenges to preservation of rural rental housing and solutions developed by community members that live and work in Greater Minnesota. The report highlights needs and solutions for USDA Rural Development 515 properties. A cover letter, here, connects report recommendations to COVID-19 housing stability needs.