Bill > SF1727

This bill establishes a new cooperative manufactured housing infrastructure grant program administered by the Minnesota Housing Finance Agency. The program allows counties and cities to apply for grants covering up to 50% of capital costs for housing infrastructure necessary for developing manufactured housing cooperatives. Key provisions include defining eligible infrastructure (such as sewers, water systems, streets, and utility extensions), setting a maximum grant of $60,000 per manufactured housing lot, and requiring applicants to demonstrate that the project will increase workforce housing and potentially generate substantial public and private investment. The agency will have discretion in awarding grants, prioritizing projects with confirmed non-state resources committed. The bill appropriates $10,000,000 from bond proceeds to fund these grants, with the Minnesota Housing Finance Agency able to sell state bonds to provide the necessary funding. If a funded project does not proceed within five years, the agency can cancel the grant and require the return of awarded money. Grants returned to the agency can be used to fund additional projects under this program, ensuring continued support for manufactured housing infrastructure development.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1727&ssn=0&y=2025