BEMIDJI 鈥� Northwoods Habitat for Humanity will begin building a new home in Bemidji this summer, and donations will qualify for a Minnesota Housing Finance Agency tax credit.
The 85% tax credit covers donations toward the NHFH Home 63 project of no less than $1,000 and no more than $2 million.
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"Donating to this specific project benefits our affordable homeownership program," said a release.
The credit is available for taxpayers though businesses may also apply. MHFA will issue successful applicants a credit certificate to be claimed when taxes are filed.
The credit must be claimed in the year the contribution was made 鈥� if donated in 2025, the credit must be used while filing 2025 taxes in 2026 鈥� and can only be used to offset current tax liability. Excess credits may be carried over to each of the 10 succeeding taxable years.
The tax credit has a limit and if reached, subsequent applications will not be accepted.
Checks must be written out to Minnesota Housing to qualify.
Those interested can find an application on the SHTC Contribution Fund page on the
Contact Geri Hickerson at (218) 751-4649 or geri.hickerson@northwoodshabitat.org for more information.
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