- Created: Monday, 26 February 2018 15:08
- Written by Carolyn Szczepanski
In its February meeting, the board of the Minnesota Housing Finance Agency heard highlights from the 2017 Program Assessment, approved the release of the proposed Housing Tax Credit 2020 Qualified Allocation Plan (QAP) for public comment, discussed the implications of a potential change to the administration of the project-based Section 8 program, and received an overview of the state's Draft Analysis of Impediments to Fair Housing Choice.
In her opening remarks, Commissioner Mary Tingerthal advised the board that she would be presenting an overview of the Affordable Housing Plan and Program Assessment Report to the Senate Agriculture, Rural Development, and Housing Policy Committee the following week. She also shared some of the highlights of the Program Assessment Report, including the third consecutive year that the agency has invested more than $1 billion in programming to serve low- and moderate-income Minnesotans; more than 4,000 loans for homeowners in 2017 alone with more than one-third going to households of color; and an even split in investment in the Twin Cities and Greater Minnesota for competitively awarded funds.