Our successes from the 2023 session included:
$39 million for the Greater Minnesota Workforce Housing Program to provide grants to finance market rate, multi-family housing.
$8 million for the new Greater Minnesota Housing Public Infrastructure Program, which helps support the public infrastructure upgrades needed for new housing.
$95 million in additional funding for the Challenge program. Around half of the total program funding will go to Greater Minnesota.
2024 GMNP Housing Policy Priorities
On December 15, the Minnesota Housing Finance Agency (MHFA) announced their 2023 project selections. According to the MHFA, the projects selected for funding in 2023 will make available a total of 4,720 housing units and manufactured home lots. Roughly 2,270 of these units are located in Greater Minnesota. The 2023 project selections will receive a…
The Minnesota Housing Finance Agency released its draft 2024-2027 Strategic Plan for public comment. The plan is available for review here.