Consolidated Request for Proposals
The Consolidated Request for Proposals (RFP) is a capital funding process that was developed and implemented by Minnesota Housing in 1994 to streamline and consolidate the application processes for a variety of state appropriated housing programs and philanthropic capital. Prior to the Consolidated RFP, each program and each funder had its own requirements, application, and timeline. The initial step to coordinating resources was to develop joint selection, ensuring that all funders use consistent policies in making funding decisions. Today, the process has evolved to a single application and joint review process for all the funding partners and other funders have aligned their application process as possible. Since 2009, the requirements for funding through the Consolidated RFP have included meeting the Minnesota Overlay to the Green Communities Criteria, ensuring that buildings are energy efficient, conserve water, and are benefit the health of residents and communities.
The Family Housing Fund, Greater Minnesota Housing Fund, Metropolitan Council, Metropolitan Housing and Redevelopment Authority, Minnesota Department of Employment and Economic Development, Minnesota Department of Human Services, Minnesota Housing, and the Saint Paul Public Housing Agency all participate in the Consolidated RFP. The Cities of Minneapolis and Saint Paul and Hennepin and Ramsey Counties align their application process with the Consolidated RFP to the extent possible.
In 2013 the Family Housing Fund contributed $1 million in funding to the Consolidated RFP. Additionally, the process is constantly being refined to respond to changing market conditions, funding priorities, and developer needs. For example, in 2014 a dual track application process allowed developers to apply for 9% and 4% Low Income Housing Tax Credits using the same application and selection criteria were aligned with regional transit oriented development (TOD) goals.
For more information on the Consolidated RFP, please visit Minnesota Housing.
For more information on the Minnesota Overlay to the Green Communities Criteria, visit the Minnesota Green Communities Initiative website. For more information on the Minnesota Green Communities Initiative, visit the Affordable Housing Collaboration article on Minnesota Green Communities.
Photo courtesy of Project for Pride in Living