Bill > SF1775

This bill establishes a dedicated funding mechanism for manufactured home park infrastructure grants and loans in Minnesota. Specifically, it transfers $15 million from the general fund to the housing development fund in fiscal year 2026 and 2027, with a continued $15 million transfer each year thereafter. These funds will be appropriated to the Minnesota Housing Finance Agency to provide grants and loans for manufactured home park infrastructure improvements under an existing statutory program. The bill also requires the agency commissioner to submit an annual report to legislative committees by January 15th, detailing the grants and loans issued in the previous fiscal year. The report must include comprehensive information such as the number and types of grants/loans funded (organized by park ownership type and county), average grant and loan amounts, loan terms, and how repaid loan funds were subsequently used. This legislation aims to support and improve infrastructure in manufactured home parks across Minnesota by providing consistent, predictable funding and ensuring transparency in the use of those funds.

Housing and Urban Affairs

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1775&ssn=0&y=2025