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Minnesota Housing | Rental Rehabilitation Deferred Loan, Rural Development RFP

Published on August 4, 2020
Minnesota Housing | Rental Rehabilitation Deferred Loan, Rural Development RFP

The program was designed to address the needs of modest-sized rural buildings, generally containing between 12-30 units total, that have not competed well for other state resources such as low income housing tax credits. Recently, Minnesota Housing streamlined the RRDL program and launched a special request for proposals (RFP) in partnership with the local USDA office to focus specifically on the preservation of USDA RD projects with RD 515 mortgages and rental assistance.

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