MN Tax Credit
Donate to Habitat instead of paying your taxes!
The State Housing Tax Credit Program and Contribution Fund is a new way to help finance affordable housing in the state of Minnesota. If you or your business will owe more than $1000 in MN state taxes, you can donate to our current project and receive a tax credit for 85% of your donation to be filed with your next tax return.
For example, if you need to pay in $1,700 on your Minnesota state income taxes as a business or an individual, you can donate $2,000 to our current project. You will receive a certificate for a $1,700 tax credit and we will receive a $2,000 donation! This is a win-win situation, and we encourage you to take advantage of it! The tax credits are available on a first-come, first-served basis.
More information is available at https://www.mnhousing.gov/shtc-contribution.html.
If you have any questions, please contact Kathy, HFHMC Executive Director
at 320-616-2084 or klange@hfhmorrisoncounty.org
To contribute to our current project and receive your tax credit:
1) Visit www.bit.ly/shtcapplication
Select “Specific Qualified Project” and enter:
Project Name:
House 25
Developer:
Habitat for Humanity of Morrison County
Contact Phone and Email:
320-616-2084
2) MN Housing will then email a form with taxpayer instructions.
3) Submit the form and your contribution to MN Housing and within 30 days you will receive the tax credit certificate.
*Remember that funds are first-come, first-served, so don’t delay!