Development process for projects without gap funding

We outline the process for bidding, building, closing and more.

Development process

Each project is unique. Your senior project coordinator will guide you through the process.
Step 1

Get started

Meet with the following staff members to review your project and get started.

  • Senior project coordinator for development assistance
  • Project coordinator
  • Construction management specialist

Review these documents.

 

Step 2

Complete due diligence

Prepare and submit these documents.

  • Insurance
  • Proforma
  • Proof of financial resources
  • Title commitment
  • Plans
  • Detailed developer scope

Related documents

Step 3

Follow the plan review process

All projects must go through the City's plan review process to get a building permit.

After you complete plan review:

  • We will apply for your rehab building permit.
  • You need to apply for your new construction building permit.

Learn about plan review

See building permits

Step 4

Close on property

Our staff will prepare a lot sale agreement for your signature.

The closing is scheduled after the agreement is signed.

Step 5

Begin construction

The project must be completed within:

  • 12 months of closing on the property 
  • 18 months of receiving City Council approval

Our construction management team will monitor the project.

Step 6

Close with the homebuyer

  • Submit all final construction documents.
    • Certificate of Occupancy or Code compliance or Truth in Sale of Housing (TISH)
    • Final environmental reports
  • Schedule final construction management inspection site visit.
  • City provides certificate of completion to title company.
  • Collect and submit household income verification documents.

See homebuyer closing checklist

 

Contact us

Minneapolis Homes

Community Planning and Economic Development (CPED)

Address

Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415