Local Housing Trust Funds

Local Housing Trust Funds in Minnesota

8 February 2023

February 2023 This publication provides information on the numerous Minnesota cities and counties that have adopted Local Housing Trust Funds (LHTFs). With Minnesota having adopted a state match program, we have continued to see a steady increase of funds established across the state. This report includes information from MHPs most recent…

MHP Releases Key Facts on Housing

2 September 2022

September 2022 All people should have a safe, secure place to call home. Today, 550,000 Minnesotans pay more than 30% of their income on housing (also known as “cost burdened”)—a number that continues to escalate. These families are forced to choose between paying for housing and other necessities such as…

Local Housing Trust Funds Action

12 April 2022

Your action is needed now! Lawmakers released most omnibus supplemental spending and policy bills last week. Included in the House Housing Finance and Policy bill is an additional $7 million for Local Housing Trust Funds (LHTFs). As a reminder, MHP secured $1M in matching funds last year, an amount we…

Local Housing Trust Funds in Minnesota: 2020 Update

8 March 2021

This report provides updates on numerous Minnesota cities and counties that have adopted local housing trust funds at escalating rates since the adoption of a 2017 state law defining housing trust funds. With Minnesota adopting a state match program, it is anticipated new funds will be continued to be established…

Local Housing Trust Funds

15 August 2019

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…