Minnesota Housing Community Stabilization: Distressed Multifamily Rental Building Program Guide 2025
Minnesota Housing Finance AgencyState Housing Authority · St. Paul, MN- Due
- May 28, 2026
- Deadline passed
- Posted
- Apr 24, 2025
The 30-second brief
Minnesota Housing is soliciting proposals for the recapitalization and stabilization of distressed multifamily rental buildings. This one-time program provides $50 million in loans or grants to preserve naturally occurring affordable housing.
Property Stabilization Plan, Relocation Plan, Management and Operating Budget, Qualification Forms
Project Feasibility, Property Stabilization Plan, Amount of Funding Requested, Private Lender Participation, Geographic Distribution
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Summary
Minnesota Housing is soliciting proposals for the recapitalization and stabilization of distressed multifamily rental buildings. This one-time program provides $50 million in loans or grants to preserve naturally occurring affordable housing.
EVALUATION CRITERIA
5- Project Feasibility
- Property Stabilization Plan
- Amount of Funding Requested
- Private Lender Participation
- Geographic Distribution
REQUIRED DELIVERABLES
4- Property Stabilization Plan
- Relocation Plan
- Management and Operating Budget
- Qualification Forms
REQUIRED ATTACHMENTS
Terms and Definitions, Legal Addendum
- Submit to
- See program page.
- Scope location
- Minnesota
Questions about this RFP
How do I respond to this RFP from Minnesota Housing Finance Agency?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is May 28, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: See program page..
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Minnesota Housing Finance Agency in MN, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
What are the key deliverables?
The solicitation specifies the following deliverables: Property Stabilization Plan, Relocation Plan, Management and Operating Budget, Qualification Forms. Proposals should clearly address how each deliverable will be met.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Project Feasibility, Property Stabilization Plan, Amount of Funding Requested, Private Lender Participation, Geographic Distribution" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Minnesota Housing Finance Agency?
All active and historical solicitations from Minnesota Housing Finance Agency are tracked and searchable. As a state housing authority agency, Minnesota Housing Finance Agency regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What documents are required to bid on this RFP?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Terms and Definitions, Legal Addendum. Review the full document from Minnesota Housing Finance Agency for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Minnesota. Review the full solicitation for detailed scope requirements.