26-34 Bring it Home Project Based Vouchers: Request for Proposals
The Bloomington Housing and Redevelopment Authority (HRA) announces the availability of up to seventy (70) Bring it Home (BIH) Project Based Vouchers (PBV).
The Bring It Home Rental Assistance Program, also referred to as “Bring It Home”, is a new program to create rental assistance for low-income families across Minnesota. Funded by state appropriations and a new metro sales tax for housing, the program will provide grants to eligible Program Administrators who will administer the program as direct tenant and/or project based rental assistance for cost burdened households at 50% area median income (AMI) or less. Priority for rental assistance shall be given to households earning under 30% AMI that include children.
The HRA applied and was awarded a 2-year grant from Minnesota Housing to administer Bring It Home in Bloomington. The program is modeled after the Housing Choice Voucher (HCV) Program and aims to expand vouchers across the state. Bloomington HRA was eligible to apply because it is actively administering a federally funded HCV program. Bloomington anticipates awarding up to 70 new PBV with this funding.
In the HCV program, Public Housing Authorities (or PHAs) enter into long-term contracts with property owners to provide rental assistance for designated units. Eligible households pay approximately 30% of their income toward rent, and the PBV subsidy covers the remainder. PBVs help preserve affordable housing and provide stability for both tenants and property owners. These Project Based Vouchers differ from a traditional voucher in that they are attached to a property unit instead of being assigned to a family.
The HRA aims to achieve the following outcomes through Project Based Vouchers funded by Bring It Home:
- Increase the supply of high-quality, permanently affordable housing units within Bloomington.
- Prioritize housing stability for extremely low-income households, seniors, households with disabilities, and others experiencing barriers in the rental market.
- Promote equitable access to safe, accessible, and geographically diverse housing options.
- Ensure PBV-assisted units are in developments that demonstrate long-term financial viability and strong property management capacity.
- Support development partners that incorporate supportive services, resident engagement, or other strategies that strengthen long-term tenancy success.
- Maximize the effective use of federal Housing Choice Voucher resources to benefit Bloomington residents.
Minimum Request: Ten (10) Bring it Home Project Based Vouchers
Priority Population: Priority will be given to proposals serving families with children under 18 years of age and households with annual incomes at or below 30% of the area median income (AMI).
Project types: Exiting housing and new construction projects will be considered
Formal Award: July or August 2026
Project documentation, questions portal, and proposal submittal location are available on Bids&Tedners: 26-34 Bring It Home Project Based Vouchers