Low-Income Housing Tax Credit (LIHTC) - The Minnesota Housing Finance Agency provides low-income housing tax credits that allow housing developers or their investment partners to receive federal tax credits to offset a percent of their federal tax liability in exchange for building low-income rental housing. To learn more about Minnesota Housing's program, visit them online. Developers must have the support of the local municipality when submitting an application for tax credits.
Minnesota Housing - In addition to administering low income tax credits, Minnesota housing offers multiple grant programs, loan servicing options, and support resources for development. Visit them online to learn more.
Minnesota Employment and Economic Development (DEED) - DEED programs promote business expansion and retention, workforce development, and community development. To learn more about site cleanup and redevelopment grant opportunities, visit them online.