Preservation Affordable Rental Investment Fund
Minnesota Housing
Minnesota
The purpose of the program is to provide funding to support the preservation of federally assisted, permanent rental housing where federal subsidies are at risk of being lost. The program may also be used to preserve existing supportive housing properties. For this purpose, supportive housing means affordable rental housing with links to services necessary for individuals, youth, and families with children to maintain housing stability.
Contact
John Patterson
Minnesota Housing
[email protected]
651-296-0763
Other Eligibility Requirements
No other eligibility requirements
Priority Populations
Does not prioritize beyond eligibility requirements
Total Funding
$24,436,000
Funding Source
General revenue
Funding Year
FY 2022-2023
How Provided?
Development loans
Data Collected by Program
Income; Race; Ethnicity