Workforce housing grants available
The application process for the Minnesota Housing Finance Agency’s (MHFA) Workforce Housing Development Program opened this week, with up to $2 million in grant funds available for projects focused on housing for middle-income workers in Greater Minnesota. More information is available here. The deadline to apply is Jan. 25, 2018.
During the 2017 legislative session, the GMNP pushed for changes to make the grant program work even better. To date, the Minnesota Department of Employment and Economic Development-administered program has helped build more than 320 units in Greater Minnesota with only $5 million in state funding ‒ a large return on the state’s investment. The program was recently moved from DEED to the MHFA, where it will hopefully be even more effective due to reduced costs.