NRP Issues 2004 Affordable Housing Reserve Fund Request for Proposals

Improving the city's housing stock and providing housing that is affordable to any resident have been and continue to be top NRP and neighborhood priorities. The NRP Affordable Housing Reserve Fund (AHRF), established in July 2000, is one approach being implemented by the NRP to demonstrate its continuing commitment to providing long-term affordable housing for individuals and families that earn less than half of the Metro Median Income (MMI).

The NRP Policy Board is making $3.2 million available through a Request for Proposals (RFP) for a third and final round of AHRF projects. All of the proposals must be reviewed and sponsored by the NRP neighborhood organization for the area where the proposed project will occur. The review process must include a minimum of one 30-day notice neighborhood-wide general attendance meeting, promoted through broad means.

Follow the links below to download the Affordable Housing Reserve Fund RFP materials. You will need a copy of Acrobat Reader to view these documents.

Download the Affordable Housing Reserve Fund RFP cover memo (104K)

Download the Affordable Housing Reserve Fund RFP (96K)

Applicants should submit six (6) copies of their completed applications (including all requested attachments) to CPED.

Download the Housing Development Funding Request Form (MS Word, 10 pages, 300 KB)

Download the 20-year cash flow spreadsheet (MS Excel, 96 KB)

Please be aware of the deadline associated with the specific program for which you are submitting an application to be considered for funding. Applications, including those mailed, are due no later than 4 p.m. on Wednesday, September 22, 2004. Faxed or electronic applications will not be accepted. Late applications will not be accepted. CPED has the right to reject any and all applications. Please deliver or mail to:

Community Planning and Economic Development
ATTN: Contract Services Department
105 - 5th Avenue South, Suite 200
Minneapolis, MN 55401-2534

Paper copies of all application and guideline materials can also be picked up at CPED: Crown Roller Mill Suite 200, 105 5th Avenue South, Minneapolis MN 55401.

Please direct any questions regarding the NRP or the application process to Joe Horan at 612-673-5144.

For more information on the first round of NRP's AHRF projects, please visit: NRP Policy Board Approves $4 Million for Seven Affordable Housing Projects

For more information on the second round of NRP's AHRF projects, please visit: NRP Policy Board Awards Nearly $2.4 million to 10 Affordable Housing Projects



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