Bill > HF1879

This bill provides funding for a homeownership education, counseling, and training program in Minnesota through a series of targeted fund transfers and appropriations. Specifically, the bill transfers $2,000,000 from the general fund to the housing development fund in fiscal years 2026 and 2027, with an ongoing transfer of $2,000,000 in fiscal year 2028 and subsequent years. Of these funds, $2,000,000 will be appropriated to the Minnesota Housing Finance Agency for the homeownership education, counseling, and training program established in Minnesota Statutes, section 462A.209. Additionally, 10% of the appropriated funds in fiscal years 2026 and 2027 will be allocated to the Minnesota Homeownership Center to administer and monitor the program, with a specific focus on providing culturally appropriate counseling and education services to individuals with limited English proficiency or limited access to technology. This bill aims to support homeownership education and assistance, particularly for underserved populations.

Housing and Urban Affairs

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1879&ssn=0&y=2025