ELIGIBLE APPLICANTS

To be eligible to apply for rental assistance funding under the housing trust fund program, an applicant must be: A. a nonprofit organization, as defined in Minnesota Statutes, section 462A.03 , subdivision 22; B. a for-profit organization; C. a limited dividend entity, as defined in part 4900.0010 , subpart 14; D. a cooperative housing corporation, as defined in part 4900.0010 , subpart 8; E. a city, as defined in Minnesota Statutes, section 462A.03 , subdivision 21; F. a joint powers board established by two or more cities; G. a public housing agency; H. an Indian tribe or tribal housing corporation; or I. a natural person. Applicants must demonstrate experience and ability in the administration of tenant-based, sponsor-based, or project-based rental assistance or must partner with an organization with demonstrated experience and ability in the administration of tenant-based, sponsor-based, or project-based rental assistance. Applicants for project-based rental assistance must be the owner of a rental housing development that is funded with a loan or a grant from the agency or an applicant for a loan or grant from the agency to fund the acquisition, construction, or rehabilitation of rental housing.