Skip navigation
Navigation

Hennepin County, Minnesota

  • Subscribe
  • Jobs
  • Employees
  • Media
  • Contact
  • Home
  • Residents

    Information and services

    • Residents

      Information and services

      • Conservation
      • COVID-19
      • Elections
      • Emergencies
      • Health and medical
      • Human services
      • Libraries
      • Licenses, certificates and permits
      • Property
      • Public safety and law
      • Recreation
      • Recycling and hazardous waste
      • Transportation
  • Business

    Regulations and opportunities

    • Business

      Regulations and opportunities

      • Conservation
      • Licenses and permits
      • Property
      • Recycling and hazardous waste
      • Work with Hennepin County
  • Your government

    Leadership and engagement

    • Your government

      Leadership and engagement

      • Budget and finance
      • Facilities
      • Get involved
      • Leadership
      • Open government
      • Ordinances
      • Overview
      • Projects and initiatives
      • Research and data
  • Online services

    Transactions and applications

    • Online services

      Transactions and applications

      • Apply
      • Ask
      • Search
      • Pay
      • Report
      • Schedule
      • Learn
Hennepin.us
Search

Related pages

  • Development RFP

Hennepin County > Work with Hennepin County > Affordable housing incentive fund

Affordable housing incentive fund

The Affordable Housing Incentive Fund (AHIF) program funds the development of affordable housing units for very low-income households. Financial assistance is provided to municipalities, other government and nonprofit agencies, private and nonprofit housing developers and other lenders in supporting the creation or preservation of long-term affordable housing countywide, typically in the form of a deferred low-interest loan. Affordable Housing Incentive Fund operates under the Hennepin County Housing and Redevelopment Authority (HCHRA) Board of Commissioners.

AHIF loans are used for a variety of housing activities, including:

  • Rental
  • New construction, substantial and moderate rehabilitation, and preservation
  • Transitional
  • Supportive
  • Mixed-income

Housing activities can serve families, individuals, seniors and special needs populations. Type, terms and conditions of the AHIF financing will vary depending on the availability of funding resources and the proposed activity.

Program funding is typically part of an annual coordinated request for proposals (RFP), usually released in January of each year.

In 2023, an anticipated $5 million in AHIF will be available via the Coordinated Affordable Housing RFP.  The Coordinated RFP will be released in the first week of January 2023, with proposals due February 9. Respondents will be required to complete funding applications using the Hennepin County Supplier Portal.

Learn more about the coordinated request for proposals.

 

Multifamily Housing Development Manager, Abbie Loosen

abbie.loosen@hennepin.us

Phone: 612-348-3986

Open all
Applying for AHIF

AHIF loans are awarded on a competitive basis, and priority is given to the following goals:

  • Develop long-term affordable housing units for very low-income households
  • Support project aligning with county priorities and goals
  • Promote the connection of affordable housing to transit, local employment opportunities, schools and supportive services
  • Utilize for gap financing to leverage private and public funding
Open all
  • Home
  • Residents
  • Business
  • Your government
  • Online services
  • Subscribe
  • Jobs
  • Employees
  • Media
  • Contact

Follow us

  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
  • Instagram

Privacy   |   Open Government   |    Copyright

Hennepin County
Top