Impact Fund:
New Procedural Manual
and Training

Questions?
Contact the Impact Fund team:
New Procedural Manual and Training
The Minnesota Housing Board approved a new Community Homeownership Impact Fund Procedural Manual on April 24.
A Webinar about the new manual will be held for all Impact Fund program administrators on April 30 from 8:30-10 a.m.
The Webinar will cover the following topics:
  • New: Household Income Determination Rules
  • New: Affordability Gap Eligibility Policy
  • New: Maximum Investment Per-Unit Policy
  • New: Homeowner/Volunteer Labor Policy
  • New: Reasonable Cost Estimates for Improvements Policy
  • Expanded activity-based sections
  • Updated Disbursement Policies
  • Updated Administration Fee
  • Updates about Indian/Tribal Housing
  • Updated definitions, forms, and Required Program Documents list
  • Guidance on Deferred Loan-Bond Proceeds
  • Guidance on the Layering restriction
This Webinar is required for all staff involved with implementing Impact Fund awards.
400 Sibley Street, Suite 300 | Saint Paul, MN 55101 US
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