4900 HOUSING LOANS AND GRANTS

4900.1582 SUBMISSION OF ALTERNATIVE PROGRAM COMPONENTS. Subpart 1. Submission by agency. In the event that an alternative program component is developed by the agency, it shall prepare materials in accordance with subpart 2, item B, and submit the materials to the advisory counci…

4900.1584 SELECTION OF PROPOSAL; ALTERNATE ADMINISTRATOR. The agency may approve an alternative program component of an alternate administrator in whole or in part, and may approve a program for a limited geographic area. In determining whether or not to approve applications to a…

4900.1586 ADVISORY COUNCIL ON URBAN INDIANS. The agency shall report to the advisory council on urban Indians on a periodic basis, but annually at a minimum, pertaining to the operation of the homeownership mortgage participation component of the urban Indian housing loan program…

4900.1600 [Repealed, 24 SR 1332] Published Electronically: June 11, 2008

4900.1610 [Repealed, 24 SR 1332] Published Electronically: June 11, 2008

4900.1620 [Repealed, 24 SR 1332] Published Electronically: June 11, 2008

4900.1630 [Repealed, 24 SR 1332] Published Electronically: June 11, 2008

4900.1640 [Repealed, 24 SR 1332] Published Electronically: June 11, 2008

4900.1650 [Repealed, 24 SR 1332] Published Electronically: June 11, 2008

4900.1700 SCOPE. Parts 4900.1700 to 4900.1703 govern temporary housing program grants for the construction, acquisition, or rehabilitation of residential housing for occupancy by persons of low and moderate income in immediate need of temporary housing. Statutory Authority: MS s …

4900.1701 DEFINITIONS. Subpart 1. Scope. The terms used in parts 4900.1700 to 4900.1703 have the meanings given them in this part. Subp. 2. Agency. "Agency" means the Minnesota Housing Finance Agency. Subp. 3. Applicant. "Applicant" means one or more entities that submit an appli…

4900.1702 ELIGIBILITY. Subpart 1. For applicants. To be eligible for selection for a grant, an applicant shall satisfy the following requirements: A. The applicant must be a nonprofit entity as defined in part 4900.0010, subpart 21. B. The applicant must provide a comprehensive p…

4900.1703 SELECTION CRITERIA FOR GRANTS. The agency shall take the following criteria into consideration when determining which applications will be funded: A. the extent to which the grant is combined with funds or in kind contributions from other public and private sources; B. …

4900.1800 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1801 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1802 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1803 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1804 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1805 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1806 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1807 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1808 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1900 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1905 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1910 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1915 [Repealed, L 2014 c 161 art 3 s 1] Published Electronically: August 5, 2014

4900.1920 [Repealed, 26 SR 1511] Published Electronically: June 11, 2008

4900.1921 [Repealed, 26 SR 1511] Published Electronically: June 11, 2008

4900.1922 [Repealed, 26 SR 1511] Published Electronically: June 11, 2008

4900.1923 [Repealed, 26 SR 1511] Published Electronically: June 11, 2008

4900.1924 [Repealed, 26 SR 1511] Published Electronically: June 11, 2008

4900.1925 SCOPE. Parts 4900.1925 to 4900.1930 govern the implementation of the capacity building revolving loan program. Statutory Authority: MS s 462A.06 History: 15 SR 12 Published Electronically: June 11, 2008

4900.1926 DEFINITIONS. Subpart 1. Scope. The terms used in parts 4900.1925 to 4900.1930 have the meanings given them in this part. Subp. 2. Agency. "Agency" means the Minnesota Housing Finance Agency created by Minnesota Statutes, sections 462A.01 to 462A.24. Subp. 3. Application…

4900.1927 ELIGIBLE APPLICANTS. To be eligible for selection as a recipient of a loan under this program, an applicant must be either: A. a Minnesota nonprofit entity as defined in part 4900.0010, subpart 21, including, but not limited to, a housing and redevelopment authority est…

4900.1928 ELIGIBLE APPLICATIONS. The applicant must provide an application in the form prescribed by the agency. At a minimum, the application shall include the following: A. a complete description of the project including: (1) a statement of the applicant's goals and objectives …

4900.1929 ELIGIBLE USES OF LOAN FUNDS. All expenses must be reimbursable under the sources of financing proposed for the project. The following are eligible uses of loan funds: A. architectural, engineering, or related professional services required in the preparation of construc…

4900.1930 SELECTION CRITERIA. The agency shall take the following criteria into consideration when determining whether an application and an applicant will be selected for a loan under the program: A. the likelihood of repayment of the loan funds, as determined by standard underw…

4900.1931 SCOPE. Parts 4900.1931 to 4900.1937 govern the implementation of the capacity building grant program. Statutory Authority: MS s 462A.06 History: 15 SR 12 Published Electronically: June 11, 2008

4900.1932 DEFINITIONS. Subpart 1. Scope. The terms used in parts 4900.1931 to 4900.1937 have the meanings given to them in this part. Subp. 2. Agency. "Agency" means the Minnesota Housing Finance Agency created by Minnesota Statutes, sections 462A.01 to 462A.24. Subp. 3. Applicat…

4900.1933 ELIGIBLE APPLICANTS. To be eligible for selection as a recipient of a grant under this program, an applicant must be either: A. a Minnesota nonprofit entity as defined in part 4900.0010, subpart 21, including, but not limited to, a housing and redevelopment authority es…

4900.1934 ELIGIBLE APPLICATIONS. The applicant must provide an application in the form prescribed by the agency. At minimum, this application shall include the following: A. documentation of the need for the project; B. a description of the applicant's goals and objectives for th…

4900.1935 ELIGIBLE USES OF GRANT FUNDS. Grants may be awarded to fund the following activities: A. staff training; B. studies and analyses of housing needs within the applicant's service area and the development of plans to meet those needs; C. legal and other professional servic…

4900.1936 SELECTION CRITERIA. The agency shall take the following criteria into consideration when determining whether an application and applicant will be selected for a grant under the program: A. the need for the project as documented by the applicant; B. the geographic area t…

4900.1937 FUNDING PRIORITY. Funding priority shall be given to those applicants: A. that include low-income persons in their membership; B. have provided housing-related services to low-income persons; and C. demonstrate a local commitment of local resources, which may include in…

4900.2000 DEFINITIONS. Subpart 1. Scope. For the purpose of part 4900.2005, the following terms have the meanings given them. Subp. 2. Purchase and rehabilitation mortgage loan. "Purchase and rehabilitation mortgage loan" means a financing mechanism through which an eligible borr…

4900.2005 PURCHASE AND REHABILITATION OR REFINANCE AND REHABILITATION MORTGAGE LOANS. Subpart 1. Eligible property. The property to be purchased or refinanced with a purchase and rehabilitation or refinance and rehabilitation mortgage loan must be an existing one-to-four family r…

4900.2020 SCOPE. Parts 4900.2020 to 4900.2070 govern the implementation of the home equity conversion counseling program. Statutory Authority: MS s 462A.06 History: 14 SR 2192 Published Electronically: June 11, 2008