What You Need to Know: Tax Credit Webinar

MHP hosted a virtual learning opportunity on the new MN Affordable Housing Tax Credit (AHTC) on Thursday, July 14, 2022. This new housing tool invests $10 million annually to affordable and workforce housing. Passed in 2021, it will go into effect in 2023. It is the only new and on-going investment in housing development from this legislative biennium. MHP led the effort to enact this program and we want to ensure that as Minnesota Housing designs a program that works.

This webinar helped inform comments MHP prepares for Minnesota Housing.

Hear from the bill’s chief author Senator Carla Nelson, Jennifer Henderson the Planning and Housing Development Director from North Dakota Housing Finance Agency, which ran a similar tax credit contribution style program, and Dan Madler from Beyond Shelter who developed multiple projects with ND’s program. 

Watch the Full Recording: here, and view Presentation slides (PDF): here, Meeting Chat (PDF): here, AHTC Summary: here.