Physical & Capital Needs Assessments

Purpose
To ensure rental housing receiving Minnesota Housing rehabilitation assistance is decent quality, energy efficient, functional, sustainable and effective in reducing long-term maintenance costs.

Requirements
Housing that is undergoing rehabilitation with Minnesota Housing funds must meet the requirements associated with physical needs assessment, capital needs assessment, environmental, accessibility assessment, other inspections, preliminary scope of work/cost estimate, contract documents, and contractor procurement. See the Capital Needs Assessment (CNA) Policy and Standards for detailed requirements.

Capital Needs Assessment (CNA) Policy and Standards - updated 04.2012

Capital Needs Assessment (CNA) 20 Year Capital Expenditure Template

Property Inspection Template (Physical Needs Assessment, PNA)

When is a CNA Required?

The following types of multifamily developments are required to provide a CNA:

Existing building and/or site acquisitions;
Minor, moderate or substantial existing building rehabilitation & renovation;
Existing buildings where an addition is proposed.

Developments with the following scope of work are exempt from providing a CNA:

New Construction without an existing building component
Gut Rehab and Adaptive Re-Use (as identified by MN Housing Rental Housing Design/Construction Standards)
Construction Cost Threshold. Projects with a total construction costs less than $500,000 (including contingency) are exempt:

One CNA may be provided for a single development with multiple buildings.
See the Capital Needs Assessment (CNA) Policy and Standards for exceptions.

Quick Links

Physical & Capital Needs Assessments