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Proposed changes to NOAH Preservation Fund Program Guidelines

From the City of Minneapolis:

The City is seeking public comment on updates to the Naturally Occurring Affordable Housing (NOAH) Preservation Fund Program Guidelines.

Please review the changes on the CPED’s Items for public review website:

Key changes include:
  • Additional borrowers are eligible for funding

  • New Borrower Application Process

  • Changes to Terms of Funding, Affordability Requirements, Underwriting Standards, and Renter Protection Requirements

Submit written comments by Monday, November 22, 2021, via email to Dean Porter-Nelson.

Dean Porter-Nelson l Housing Stability Specialist l City of Minneapolis – CPED



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