Housing trust fund

Active Formula Grant Awarded Last action

Award ID
F25SG270100
Recipient
Awarding agency
Obligated
$3,134,373

Award facts

Assistance listing
14.275 Housing Trust Fund
Completion date 15% complete
Place of performance
St Paul, MN 55102, USA

Award details come from USAspending.gov.

About this award

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the Minnesota Housing Finance Agency $3,134,373.20 under the Housing Trust Fund (CFDA 14.275) on September 24, 2025, with a completion date of September 24, 2032.

The Housing Trust Fund program expands and preserves the supply of affordable rental housing for extremely low-income and very low-income households. MHFA uses HTF formula allocations to acquire, rehabilitate, or construct rental housing units targeting households at or below 30 percent of area median income across Minnesota, with administrative oversight based in St. Paul.

Under the program's compliance framework, MHFA must submit an HTF allocation plan as part of its annual action plan no later than August 16, 2026, and maintain records documenting program compliance for the most recent five-year period, plus five years beyond the required period of affordability. All funds must be committed to projects within 24 months and expended within five years of drawdown.

Transactions

Action Obligated Date
Amendment $14,772
Amendment $2,216
Amendment $20,753
Amendment $5,391
Amendment $53,107
Amendment $2,845,637
Amendment The housing trust fund (HTF) was established by the housing and economic recovery act of 2008 to provide funds to grantees for affordable housing activities.… $36,875
Original award $155,622

Quick answers

Who received award F25SG270100?

F25SG270100 was awarded to Minnesota Housing Finance Agency by Assistant Secretary for Community Planning and Development (Department of Housing and Urban Development) on September 24, 2025.

How much is award F25SG270100 worth?

$3,134,373 has been obligated on F25SG270100.

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