Habitat for Humanity of South Central Minnesota is thrilled to announce its participation in the new Minnesota State Housing Tax Credit Program and Contribution Fund. Habitat for Humanity of South Central MN is hosting a lunch n’learn for business owners, financial advisors, and community members interested in learning more about the new program, how it works, and if they could benefit. There will be a lineup of speakers, including Devon Pohlman from Habitat Minnesota, Brock Thaemlitz from Eide Bailly, and Sondra Herman from Habitat SCMN.
Tuesday, September 10, 2024
12 pm to 1 pm
Pioneer Bank- 1450 Adams St, Mankato
Lunch provided to those who RSVP by Sept 6th. To RSVP click here or call 507-388-2081
This innovative program allows taxpayers to invest in affordable housing across the state, supporting housing for all Minnesotans while receiving a state tax credit certificate of 85% of their contribution. This program offers a unique avenue for funding affordable housing throughout the state. Eligible individuals and businesses can contribute between $1,000 and $2 million each tax year to qualify for this tax credit. Contributions can be designated to support specific qualifying projects or the general housing fund.
Habitat has two exciting projects eligible for funding, one in North Mankato and one in St Peter. To learn more about supporting local affordable housing initiatives and the new Minnesota State Housing Tax Credit Program and Contribution fund, visit habitatscmn.org. The tax credits provided through this program offer a unique opportunity for donors to maximize their contributions and make a lasting difference in our community.