Housing Trust Funds (HTF)
A Housing Trust Fund is a mechanism for government entities to provide and encourage assistance to local affordable housing units. SEMMCHRA administers Housing Trust Funds on behalf of the counties Wabasha, Goodhue (excluding the City of Red Wing), and Winona (excluding the City of Winona). Each Trust Fund has a unique ordinance which provides policies on how funds must be expended. Each County Board provides guidance to SEMMCHRA on timeline and methodology for spending. Typically, funds are allocated to projects via a Request for Proposal (RFP) process.
Goodhue County Housing Trust Fund
Established in 2018, the Goodhue County Housing Trust Fund was the first for SEMMCHRA and has served as a model for others in the region. The original ordinance was amended in 2023 and that is the current guiding article. Goodhue County Board steadily invested in the HTF over the years. In early 2024, with guidance from the County Board, SEMMCHRA released the first Request for Proposal from Goodhue County HTF and the County’s State Affordable Housing Aid funds. In total over $711,250 was allocated to support local affordable housing units.
Available through tax levy dollars from 2023, there are funds still currently available to government, for-profit, and nonprofit entities looking to access funding opportunities to create or preserve affordable housing in Goodhue County. The funds applied for through this application are to cover the costs associated with writing the grant. Click the application below to find out more.
Wabasha County Housing Trust Fund
In the summer of 2024 Wabasha County voted on and passed an ordinance establishing a HTF. Funding levels and when funds will be available is still to be determined. Keep an eye out for updates as they come forward.
Available through tax levy dollars from 2023, there are funds still currently available to government, for-profit, and nonprofit entities looking to access funding opportunities to create or preserve affordable housing in Wabasha County. The funds applied for through this application are to cover the costs associated with writing the grant Click the application below to find out more.
Winona County Housing Trust Fund
In September of 2024, Winona County voted on and approved their Housing Trust Fund ordinance. In 2023, the Winona County Board approved initially funding the HTF with $50,000 of tax levy.
Available through tax levy dollars from 2023, there are funds still currently available to government, for-profit, and nonprofit entities looking to access funding opportunities to create or preserve affordable housing in Winona County. The funds applied for through this application are to cover the costs associated with writing the grant. Click the application below to find out more.