Minneapolis Property Management Blog

$100 Million up for grabs for renters

Deb Newell - Friday, July 17, 2020

 

On Tuesday, July 14th, Governor Walz announced that he would make $100 million available for tenants.  It is intended to be a “program to provide housing assistance to prevent evictions and maintenance housing stability”.  This is an application process, for those impacted by unemployment, illness or other COVID-19 related circumstances.   It is only eligible for those individuals and households that meet all of the criteria listed below:

  • Be a Minnesota resident.
  • Renters with incomes at or below 300% of federal poverty guidelines, with a preference for those at or below 200% of federal poverty guidelines; and homeowners with incomes at or below 300% of federal poverty guidelines. To see if your household income qualifies, please see the FY 2020 Federal Poverty Guidelines.
  • Have an eligible expense that was incurred after March 1, 2020 that is past due. Housing assistance funds can only be used for eligible expenses incurred between March 1, 2020 and December 30, 2020.
  • Be unable to make the payment(s) owed because of the public health emergency due to unemployment, illness, or another COVID-19 related issue.

It is anticipated that individuals and households will be able to apply for assistance from local grant administrators in their region the first part of August. 

Just who are these local grant administrators?  Eligible Administrators will be: 

  • Family Homeless Prevention and Assistance Program (FHPAP) grantees or subgrantees
  • Federally recognized tribes in Minnesota
  • Local units of government (cities, counties, PHAs, HRAs)
  • Nonprofit/community-based organizations with the ability to administer rental or mortgage assistance

Only tenants, who are past due on their rent can apply for themselves, Landlords will not be able to apply on the tenant’s behalf.


Why Hire Us

Get a Quote