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Minnesota Housing Community Stabilization: NOAH Multifamily Rental Housing Program RFP

Minnesota Housing Finance Agency logoMinnesota Housing Finance Agency
Due
Jan 22, 2026
Deadline passed
Posted
Jan 1, 2024

The 30-second brief

What they're buying

Minnesota Housing is providing $41,750,000 in loans for the acquisition and rehabilitation of Naturally Occurring Affordable Housing (NOAH) multifamily rental properties with 4+ units. The program is currently closed to new applications.

What you must deliver

Acquisition, Rehabilitation, Interest rate reduction

How it's scored

Affordability to households at or below 60% AMI, Property age (20+ years), Ownership control

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Summary

Minnesota Housing is providing $41,750,000 in loans for the acquisition and rehabilitation of Naturally Occurring Affordable Housing (NOAH) multifamily rental properties with 4+ units. The program is currently closed to new applications.

EVALUATION CRITERIA

3
  • Affordability to households at or below 60% AMI
  • Property age (20+ years)
  • Ownership control

REQUIRED DELIVERABLES

3
  • Acquisition
  • Rehabilitation
  • Interest rate reduction

REQUIRED ATTACHMENTS

Application Instructions, 2025 Program Guide

Submit to
Multifamily Customer Portal
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 January 22, 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: Multifamily Customer Portal.

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: Acquisition, Rehabilitation, Interest rate reduction. 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: "Affordability to households at or below 60% AMI, Property age (20+ years), Ownership control" 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: Application Instructions, 2025 Program Guide. 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.

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