Basis Radar

Minnesota

Hennepin County, MN

Affordable-housing capital events and public funding posture, from federal filings. 44 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.

Open Hennepin County in the app → property-level detail, contacts, filters, charts

Gap funding

GranteeFY26 allocationsLive posture
State Of Minnesota (state) CDBG $19M · HOME $8.1M HOME undrawn $33.4M CDBG undrawn $77.1M
Bloomington (city) CDBG $477,190 CDBG undrawn $609,410 · CDBG timeliness 1.3×
Eden Prairie (city) CDBG $269,135 CDBG undrawn $413,010 · CDBG timeliness 1.5×
Minneapolis (city) CDBG $11.1M · HOME $2.1M HOME undrawn $9.8M CDBG undrawn $14.3M · CDBG timeliness 1.3×
Plymouth (city) CDBG $261,248 CDBG undrawn $365,349 · CDBG timeliness 1.4×
Hennepin County (county) CDBG $3M · HOME $1.5M HOME undrawn $3M CDBG undrawn $4.6M · CDBG timeliness 1.5×

Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.

Recently completed subsidized projects

ProjectAmountProgramGranteeCompleted
Agra Ahtf $1.8M HOME Minneapolis 2026-02-17
The Robin -- Funded Home Pi $492,207 HOME Hennepin County 2026-02-04
Vista 44 -- Home-Arp $4.6M HOME Hennepin County 2025-09-03
Whittier Community Housing $2.3M CDBG Minneapolis 2025-05-31
Wangstad Commons Apartments $550,000 HOME Hennepin County 2025-02-10
5240 Apartments $1.1M HOME Minnesota 2025-01-23
Lyndale Flats $97,566 CDBG Bloomington 2024-11-15
The Sound On 76th $500,000 HOME Hennepin County 2024-09-20
Cedar $315,961 CDBG Minneapolis 2024-05-31
Snelling Yards Senior Housing $2.9M HOME Minneapolis 2024-02-29
Wotw - 2840 North Wayzata Blvd $2.5M HOME Minneapolis 2024-02-29
Malcolm Yards $3M HOME Minneapolis 2024-02-08
Balsam Apartments Ii $1.1M HOME Hennepin County 2023-12-11
Element Apartments $450,000 HOME Hennepin County 2023-04-19
Cranberry Ridge Apartments $1.1M HOME Hennepin County 2023-04-14

Recently subsidized developers (statewide)

RecipientTotal (24 mo)Subawards
Alliance Housing, Inc. $6.2M 1
Minnesota Indian Women's Resource Center $2.5M 1
City Of Appleton $2.1M 2
Emerge Ventures, Llc $1.6M 2
Minnesota Home Ownership Center $1.5M 1
Community Neighborhood Housing Services $1.4M 7
Center City Housing Corp $1.3M 5
City Of Crookston $1.2M 1
City Of Barnesville $1.2M 1
City Of Ruthton $1.2M 1
Wilkin, County Of $1.2M 1
City Of Fulda $1.2M 1
City Of Canby $1.1M 1
City Of Russell $1.1M 2
City Of Park Rapids $1M 1

Pipeline snapshot

44 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.

Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.