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.

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

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. 

Presentation slides (PDF): here, Recording: here, Meeting Chat (PDF): here, AHTC Summary: here.