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Minnesota Housing Funding Opportunity Available for Multifamily Rentals

Post Date:05/13/2025 1:30 pm

Minnesota Housing is pleased to announce the availability of up to $41,750,000 million in one-time state appropriations to help preserve naturally occurring affordable housing (NOAH). The $41,750,000 million will be distributed as loans through a competitive request for proposals (RFP) process.

Community Stabilization: NOAH – Multifamily Rental Housing Program (NOAH Multifamily Program) RFP applications are due by noon Central Time on Thursday, July 24, 2025. Application materials and resources can be found on Minnesota Housing’s Community Stabilization: Naturally Occurring Affordable Housing – Multifamily Rental Housing Program webpage. Review the NOAH Multifamily Program Guide for complete program eligibility requirements, eligible uses, definitions, and other program information.

If you would like to receive email updates related to this RFP, subscribe to Minnesota Housing eNews.

Virtual Information Session

Minnesota Housing is hosting a virtual information session on Wednesday, May 21, 2025. Potential applicants are encouraged to attend.

NOAH Multifamily Program RFP Information Session

Wednesday, May 21, 2025

10:00-11:00 am Central Time

REGISTER HERE

This information session will provide an overview of RFP content, including the application instructions and application form, and allow time for questions.

For accessibility accommodations, call 651.707.4040 or email Ben Eggersdorfer at ben.eggersdorfer@state.mn.us by Wednesday, May 14, 2025.

If you are unable to attend the virtual information session, it will be recorded and available on Minnesota Housing’s Community Stabilization: Naturally Occurring Affordable Housing - Multifamily Rental Housing Program webpage at a later date.

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