MHP is offering FREE assistance to rural communities to establish Local Housing Trust Funds.
Local Housing Trust Funds
Local Housing Trust Funds in Minnesota
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
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
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
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
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…
MHP releases Local Housing Trust Fund Manual for Minnesota
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…