Effective today, August 20, Minnesota Housing will no longer accept new fund reservations for the Rehabilitation Loan Program.
The next funding cycle is scheduled to begin on October 1, 2015. Limited funds are still available for emergency issues through the Emergency Loan Program. The balance of these funds is available on our website.
You have 12 weeks from the approval date of an existing fund reservation to convert a file to a loan commitment. We will make extension requests for fund reservations on a case-by-case basis.
Remember: Applicant tracking reports are due September 30, 2015. Please continue to track your applicants and outcomes and report them to Minnesota Housing. We use the applicant tracking information to monitor program demand.