The purpose of this program is to spur new construction throughout the County. This program is intended to work in partnership with other existing home buyer programs, as well as additional incentives provided by communities throughout the County, in order to provide a collaborative package aimed at reducing barriers to homeownership.
The Rochester-Olmsted County 4(d) Affordable Housing Incentive Program is currently accepting applications until Monday, January 31, 2022. This program helps rental property owners obtain property tax reductions while preserving affordable housing for income-qualified renters in our community.
On average, the yearly property tax reduction is between $300 to $600 per unit included in the program. Properties taxed under the 4(d) classification are at the 0.75% rate which is approximately a 40% reduction from the general multifamily housing tax rate classification of 1.25%.
Empowering Connections and Housing Outreach (ECHO) Center
People struggling with homelessness and other housing needs have another option for help in Olmsted County.
The Housing Stability Team of Olmsted County opened a satellite office called the Empowering Connections and Housing Outreach (ECHO) Center. The office is located at 206 4th Street SE in Rochester, next to the Rochester Community Warming Center.
2021 Mainstream Voucher Waiting List Lottery Selected Confirmation Numbers
The 124 application confirmation numbers listed below were selected through a random computer draw. The random draw was conducted by an independent, third-party software company.
If your confirmation number is listed, then your name has been placed on the Mainstream Voucher Waiting List. If your confirmation number is not listed, then your entry was not picked in the lottery, and your name cannot be placed on the waiting list.