Predevelopment Loan Fund

(Please note that MHP does not offer funds to individuals.)

The MHP Predevelopment Loan Fund is a revolving loan fund that provides resources for predevelopment expenses incurred in affordable housing developments for nonprofit borrowers outside of the 7-county Twin Cities metro area and Duluth. MHP provides predevelopment loans for single-family, multi-family, and mixed income development projects.

Predevelopment Loan Fund program guidelines, a request for funds, and an application form can be completed by downloading the following PDFs:

Guidelines for MHP Predevelopment Loan Fund
Predevelopment Loan Request Form (fill in PDF form)
Predevelopment Loan Request Form (MSWord version)
Application Form for MHP Predevelopment Loan (fill in PDF form)

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