City of Duluth Minutes City Council 2026-05-26
Joint powers pact with MHFA for 2027 LIHTC
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Description
The City of Duluth authorized a Joint Powers Agreement with the Minnesota Housing Finance Agency to administer the 2027 Low-Income Housing Tax Credit program. The agreement supports financing for affordable housing developments.
Contract Details
Vendor
MINNESOTA HOUSING FINANCE AGENCY
Agency
City of Duluth, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Program year 2027
Renewal Date
2027-12-31
Renewal Info
Covers the Low-Income Housing Tax Credit program for the 2027 allocation year; future renewals would require subsequent agreements.
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