Community Planning & Economic Development

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Housing Revenue Bond Program

Housing Revenue Bonds and Tax-exempt Mortgage Notes may be used to finance the acquisition and rehabilitation or new construction of owner-occupied or renter-occupied residential units where the intended occupants of the units qualify the Project for tax-exempt status in conformance with the Internal Revenue Code, the Statutes of the State of Minnesota and the City Ordinances.

Statutory and regulatory requirements must be met to assure tax-exempt status. Financial and legal counsel with expertise in tax-exempt obligations and real estate is required.

NOTE:  Guidelines and priorities are being developed for applicants seeking Minneapolis housing revenue entitlement allocation bonds for the 2017/2018 allocation year.  On the future web page look for Request for Proposals (RFP) for the entitlement bond process coming in September, 2017.  

City of Minneapolis Conduit Bonds Policy adopted November 18, 2016

Last updated Aug 18, 2017

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Para asistencia 612-673-2700, Yog xav tau kev pab, hu 612-637-2800, Hadii aad Caawimaad u baahantahay 612-673-3500. 

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