Housing Trust Fund Program

Minnesota Housing Finance Agency
Minnesota

The Minnesota Legislature established the HTF Program in 1988 to support the development of affordable housing for low-income individuals and families. In 2001, the Minnesota Legislature made substantial changes to the HTF Program, including the expansion of its eligible activities to include rental assistance and operating subsidies. Under the rental assistance activity, Minnesota Housing offers two options: o Tenant-Based Rental Assistance (TBRA): Rental subsidies for eligible housing of the Participant’s choice within the Administrator’s Service Area. Tenant-Based Rental Assistance cannot be committed to any specific development. o Sponsor-Based Rental Assistance (SBRA): Rental subsidies in developments that also received capital funding through Minnesota Housing.

Other Eligibility Requirements

Persons experiencing or at risk of homelessness; Victims of domestic violence

Eligibility Limitations

Does not limit eligibility on these criteria

Priority Populations

Extremely low-income households (income less than 30% AMI); Persons experiencing homelessness or at risk of homelessness; Victims of domestic violence; Youth; Households with rental arrears; Previously incarcerated individuals

Required Documents

Required for income (general), zero, self-employed, or non-traditional income, housing instability. Self-attestation permitted for income (general).

Total Funding
$2,700,100
Funding Source
General revenue; Dedicated funding stream - Real estate transfer tax
Funding Year
2023-2025
Amount Provided
$924 median per month
Assistance Used For
Rent arrears
Current and/or future rent
Security deposits and relocation fees
Utilities
Food or household essentials
How Provided?
Rental assistance paid to landlord, housing agency, or approved vendor only
Amount Calculation Method

Program covers rent above 30% of tenants' adjusted income, up to payment standard based on local Fair Market Rent

Data Collected by Program
Income; Age
Website
https://www.mnhousing.gov/rental-housing/grant-programs/active-funding/htf.html