Bill > HF1187

This bill requires the Minnesota Housing Finance Agency to collect and report additional data about contractors working on housing projects. Specifically, the agency must gather information about veteran-owned small businesses and LGBTQ-owned businesses (defined as businesses certified by the National LGBT Chamber of Commerce) that receive financing through the agency. Every two years, by February 1st, the agency's commissioner must submit a report to legislative committee chairs detailing the number and total dollar amount of contracts and subcontracts for these specific business categories. This reporting is intended to provide transparency about the participation of veteran-owned and LGBTQ-owned businesses in housing finance projects, building upon existing contractor compliance requirements. The bill adds these reporting mandates to Minnesota Statutes, chapter 462A, which governs housing finance activities in the state.

Housing and Urban Affairs

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1187&ssn=0&y=2025