Updated about 1 month ago on .
A "Hidden" Goldmine: Boosting NOI w/ Naturally Occurring Affordable Housing Programs
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- 03/24/26 06:15PM - 08:15PM America/Chicago
- 3637 Bellaire Avenue White Bear Lake, Minnesota 55110
- Free
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Ever wonder if you’re sitting on a goldmine of untapped incentives?
Most Twin Cities investors own "Affordable Housing" without even realizing it, and they’re leaving money on the table.
Join us for the next ReBL Meetup with Evan Uribe, owner of 612-651 Properties and Loan Officer at the Greater Minnesota Housing Fund. Evan has originated over $50M in loans and specializes in the intersection of NOAH (Naturally Occurring Affordable Housing) and smart recapitalization.
The "Hidden" Tools We’ll Discuss:
- The 4d(1) Tax Classification: A deep dive into the Minnesota LIRC program, which offers a significant property tax rate reduction (often 40% or more) for qualifying affordable units.
- NOAH Recapitalization: How to identify and access low-cost, deferred capital and city-specific preservation funds to renovate your property without spiking rents.
- The 60-80% AMI Threshold: Why your "market rate" duplex or small apartment building might already meet the state's affordability definitions and what that means for your bottom line.
- Public-Private Deal Flow: How to navigate complex deal structures including tax credits, bonds, municipal grants, and private equity.
- Alyssa Strom