Bill

Bill > HF1417


MN HF1417

Manufactured home park infrastructure grants and loans funding provided, report required, and money appropriated.


summary

Introduced
02/24/2025
In Committee
02/24/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to housing; requiring a report; appropriating money for the manufactured home park infrastructure grants and loans.

AI Summary

This bill provides funding and establishes reporting requirements for manufactured home park infrastructure grants and loans in Minnesota. Specifically, the bill transfers $15 million from the general fund to the housing development fund in fiscal years 2026 and 2027, with a continued $15 million transfer in fiscal year 2028 and subsequent years. These funds are then appropriated to the Minnesota Housing Finance Agency to provide grants and loans for manufactured home park infrastructure improvements under existing state statutes. The bill requires the agency's commissioner to submit an annual report by January 15 to legislative committees, detailing the grants and loans provided during the previous fiscal year. The report must include information such as the number of grants and loans requested and funded, broken down by park ownership type (private, cooperative, municipal) and county, the average grant and loan amounts, loan terms, and how repaid loan funds were subsequently used. This legislation aims to support and enhance infrastructure in manufactured home parks across Minnesota.

Committee Categories

Housing and Urban Affairs

Sponsors (6)

Last Action

Author added Virnig (on 02/26/2025)

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