Local Housing Trust Fund |
Local Housing Trust Fund Survey
You are being sent this survey because your city has an existing housing trust fund or are considering establishing a housing trust fund in the near future.
Metro Cities, League of Minnesota Cities and Minnesota Housing Partnership successfully advocated during the 2021 legislative session for $1 million in state funds to match locally raised dollars used to capitalize local housing trust funds.
Under the legislation, “a grantee is eligible to receive a grant amount equal to 100 percent of the new public revenue committed to the local housing trust fund from any source other than the state or federal government, up to $150,000, and depending on funding availability, an amount equal to 50 percent of the new public revenue committed to the local housing trust fund from any source other than the state or federal government that is more than $150,000 but not more than $300,000.”
Minnesota Housing is designing an application process for cities to access state matching funds in early 2022. This survey will help inform our feedback to the agency to design a program that works for cities. Thank you for taking several minutes and submitting your feedback.