Minnesota — Capital events & subsidy flows by year
Event-dated aggregates from the benchmark-validated series (year-15 counts validated within ~3% of Novogradac; Section 8 stock within 1% of NLIHC). Properties that exited the LIHTC program are excluded from LIHTC waves. National view →
LIHTC year-15 wave
In-program properties only; year 15 is the equity-exit decision point.
View as table
| Year | Low-Income Units | Count |
|---|---|---|
| 2004 | 48 | 2 |
| 2005 | 211 | 11 |
| 2006 | 516 | 17 |
| 2007 | 933 | 32 |
| 2008 | 753 | 22 |
| 2009 | 1,214 | 29 |
| 2010 | 1,522 | 38 |
| 2011 | 821 | 29 |
| 2012 | 1,192 | 35 |
| 2013 | 999 | 31 |
| 2014 | 1,982 | 38 |
| 2015 | 1,399 | 37 |
| 2016 | 1,295 | 29 |
| 2017 | 1,787 | 42 |
| 2018 | 1,527 | 39 |
| 2019 | 1,935 | 37 |
| 2020 | 2,566 | 47 |
| 2021 | 1,944 | 36 |
| 2022 | 1,927 | 31 |
| 2023 | 1,043 | 22 |
| 2024 | 668 | 13 |
| 2025 | 2,699 | 29 |
| 2026 | 1,833 | 29 |
| 2027 | 1,364 | 25 |
| 2028 | 2,198 | 31 |
| 2029 | 2,677 | 29 |
| 2030 | 3,376 | 39 |
| 2031 | 2,974 | 40 |
| 2032 | 2,530 | 33 |
| 2033 | 3,621 | 38 |
| 2034 | 3,297 | 38 |
| 2035 | 3,696 | 38 |
| 2036 | 2,948 | 32 |
| 2037 | 2,020 | 23 |
| 2038 | 1,015 | 11 |
Extended-use endings
Dates use the 30-year federal floor (or filed longer periods) — near-term totals overstate reality until state-reported periods are layered in; the wave shape is directionally sound.
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| Year | Low-Income Units | Count |
|---|---|---|
| 2019 | 48 | 2 |
| 2020 | 211 | 11 |
| 2021 | 516 | 17 |
| 2022 | 933 | 32 |
| 2023 | 753 | 22 |
| 2024 | 1,214 | 29 |
| 2025 | 1,522 | 38 |
| 2026 | 821 | 29 |
| 2027 | 1,192 | 35 |
| 2028 | 999 | 31 |
| 2029 | 1,982 | 38 |
| 2030 | 1,399 | 37 |
| 2031 | 1,295 | 29 |
| 2032 | 1,787 | 42 |
| 2033 | 1,527 | 39 |
| 2034 | 1,935 | 37 |
| 2035 | 2,566 | 47 |
| 2036 | 1,944 | 36 |
| 2037 | 1,927 | 31 |
| 2038 | 1,043 | 22 |
| 2039 | 668 | 13 |
| 2040 | 2,699 | 29 |
| 2041 | 1,833 | 29 |
| 2042 | 1,364 | 25 |
| 2043 | 2,198 | 31 |
| 2044 | 2,677 | 29 |
| 2045 | 3,376 | 39 |
HAP contract expirations
Active project-based Section 8 family contracts, by full-term expiration year.
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| Year | Assisted Units | Count |
|---|---|---|
| 2026 | 1,694 | 55 |
| 2027 | 1,688 | 59 |
| 2028 | 1,682 | 45 |
| 2029 | 3,400 | 82 |
| 2030 | 2,057 | 50 |
| 2031 | 1,411 | 18 |
| 2032 | 611 | 14 |
| 2033 | 1,004 | 19 |
| 2034 | 758 | 16 |
| 2035 | 2,078 | 37 |
| 2036 | 2,078 | 36 |
| 2037 | 2,451 | 40 |
| 2038 | 2,815 | 47 |
| 2039 | 6,132 | 46 |
| 2040 | 1,626 | 30 |
| 2041 | 1,052 | 20 |
| 2042 | 1,025 | 13 |
| 2043 | 1,258 | 19 |
| 2044 | 1,205 | 21 |
| 2045 | 2,050 | 21 |
Published debt maturities
FHA-insured and USDA loans only — conventional, bond, and agency debt is not on public record.
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| Year | Remaining Principal | Count |
|---|---|---|
| 2024 | — | 1 |
| 2026 | — | 4 |
| 2027 | — | 6 |
| 2028 | — | 20 |
| 2029 | — | 16 |
| 2030 | $413,955 | 24 |
| 2031 | $1.5M | 19 |
| 2032 | — | 30 |
| 2033 | $757,999 | 30 |
| 2034 | $3.3M | 22 |
| 2035 | $2.6M | 28 |
| 2036 | $2.7M | 21 |
| 2037 | $4.5M | 21 |
| 2038 | $1.1M | 17 |
| 2039 | $10.8M | 19 |
| 2040 | $7.8M | 17 |
| 2041 | $10.7M | 30 |
| 2042 | $16.3M | 30 |
| 2043 | $31M | 36 |
| 2044 | $26.7M | 44 |
| 2045 | $24.1M | 13 |
HOME/CDBG dollars landed
By IDIS completion year; HOME 5+ unit activities and CDBG activities matched to tracked properties — a floor, not a census.
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| Year | Activity Dollars | Count |
|---|---|---|
| 2000 | $5.6M | 43 |
| 2001 | $8.3M | 44 |
| 2002 | $10.5M | 41 |
| 2003 | $9.2M | 37 |
| 2004 | $7.6M | 33 |
| 2005 | $10.1M | 28 |
| 2006 | $14.4M | 43 |
| 2007 | $11.6M | 39 |
| 2008 | $14.8M | 48 |
| 2009 | $9M | 29 |
| 2010 | $9.7M | 21 |
| 2011 | $16.3M | 24 |
| 2012 | $27.1M | 27 |
| 2013 | $14.4M | 22 |
| 2014 | $9.9M | 13 |
| 2015 | $8M | 16 |
| 2016 | $12.1M | 17 |
| 2017 | $18.8M | 12 |
| 2018 | $8.1M | 19 |
| 2019 | $15.8M | 11 |
| 2020 | $8.6M | 11 |
| 2021 | $4.7M | 8 |
| 2022 | $6.7M | 10 |
| 2023 | $12.1M | 12 |
| 2024 | $13.3M | 14 |
| 2025 | $16.3M | 12 |
| 2026 | $3M | 5 |
Methodology and reconciliation against published figures: see the glossary. Filter, sort, and drill into properties in the application.