Bill > SF2298

This bill appropriates over $183 million from the General Fund to the Minnesota Housing Finance Agency for various housing and homelessness prevention programs for fiscal years 2026 and 2027. * **Minnesota Housing Finance Agency (MHFA) Total Appropriation:** $183,946,000 from the General Fund for fiscal years 2026 and 2027. * **Challenge Program:** $27,850,000 for the economic development and housing challenge program, with a portion specifically for housing projects for American Indians. * **Workforce Housing Development:** $4,000,000 for the greater Minnesota workforce housing development program. * **Manufactured Home Park Infrastructure Grants:** $2,000,000 for infrastructure grants for manufactured home parks. * **Workforce Homeownership Program:** $2,500,000 for the workforce homeownership program. * **Rent Assistance Program:** $46,000,000 for the rent assistance program. * **Housing Trust Fund:** $23,292,000 for deposit into the housing trust fund. * **Homework Starts with Home:** $5,500,000 for the homework starts with home program to assist homeless or at-risk families. * **Rental Assistance for Mentally Ill:** $10,676,000 for rental housing assistance for individuals with mental illness. * **Family Homeless Prevention:** $28,888,000 for the family homeless prevention and assistance program. * **Home Ownership Assistance Fund:** $3,770,000 for the home ownership assistance program, with a focus on addressing disparities for Indigenous American Indians and communities of color. * **Affordable Rental Investment Fund:** $8,436,000 for the affordable rental investment fund to finance acquisition, rehabilitation, and debt restructuring of federally assisted rental property and supportive housing. * **Owner-Occupied Housing Rehabilitation:** $5,544,000 for the rehabilitation of owner-occupied housing. * **Rental Housing Rehabilitation:** $7,486,000 for the rehabilitation of eligible rental housing. * **Homeownership Education, Counseling, and Training:** $1,714,000 for the homeownership education, counseling, and training program. * **Capacity Building Grants:** $1,290,000 for capacity building grants. * **Build Wealth Minnesota:** $1,000,000 for a grant to provide family stabilization, financial literacy, and debt counseling. * **Greater Minnesota Housing Infrastructure Grants:** $2,000,000 for a one-time appropriation for the greater Minnesota housing infrastructure grant program. * **Community-Based First-Generation Homebuyers Down Payment Assistance:** $2,000,000 for a one-time appropriation for down payment assistance for first-generation homebuyers. * **Community Stabilization Program:** An amendment increases the appropriation for the community stabilization program by $23,000,000, bringing the total to $68,000,000 for fiscal years 2026 and 2027, with specific allocations for grants to AEON, the Wilder Park Association, multiunit rental housing, single-family housing, and recapitalization of distressed buildings. * **Housing Infrastructure Bonds:** Authorization to issue up to $50,000,000 in housing infrastructure bonds. * **Manufactured Home Relocation Trust Fund:** Policy changes related to the manufactured home relocation trust fund, including information on tax credits and notice requirements. * **Landlord and Tenant Provisions:** Several policy changes are made to landlord and tenant laws, including requirements for heat, treatment of tenant information, and procedures for rent escrow and notice of violations. * **Local Housing Trust Fund Grants:** Policy changes related to local housing trust fund grants, including a reduction in the time to use funds from eight to five years. * **Incentives for Local Actions to Support Housing:** The bill provides additional points in competitive capital development programs for jurisdictions that reduce barriers to affordable housing development. * **Preservation Framework for Affordable Housing:** The commissioner of MHFA is directed to develop a framework for the stabilization of regulated affordable rental housing. * **Reports:** The bill requires reports on the MHFA's asset portfolio and accessible housing activities.