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HRA housing staff propose updates to Low Income Housing Tax Credit priorities for 2026–27 cycle
Summary
Housing staff outlined proposed changes to the 2026–27 Qualified Allocation Plan (QAP) and procedural manual for Low Income Housing Tax Credits (LIHTC), including point adjustments for homelessness, expanded transit buffers, removal of NOAH category and added consideration for childcare and multilingual services.
Housing department staff presented proposed changes to the city’s Low Income Housing Tax Credit (LIHTC) qualified allocation plan at the HRA meeting on May 7, 2025, ahead of a resolution expected next week and final joint board action June 11.
Joe Sthana, housing director in the Department of Planning and Economic Development, summarized the local funding landscape and explained the mechanics of the federal LIHTC program. "States receive housing tax credit allocation from the IRS and Minnesota has suballocators," he said, adding that the joint board must approve a QAP that sets priorities for the allocation cycle.
Key proposed changes for…
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