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Bill > SF2579


MN SF2579

MN SF2579
CAPI USA grant appropriation


summary

Introduced
03/17/2025
In Committee
03/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to housing; appropriating money for a grant to CAPI USA.

AI Summary

This bill provides a specific financial appropriation for CAPI USA, a nonprofit organization, to support its homeownership education and financial counseling program. The bill transfers and appropriates $200,000 in both fiscal years 2026 and 2027 from the state's general fund to the housing development fund, and then from that fund to the Minnesota Housing Finance Agency. These funds are designated specifically for CAPI USA to administer its homeownership education and financial counseling programming. The transfers and appropriations are explicitly noted as "onetime," meaning they are not intended to be recurring annual allocations. The bill aims to support CAPI USA's efforts to help individuals and families understand homeownership processes, financial planning, and potentially improve access to homeownership through educational resources and counseling services.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Last Action

Author added Abeler (on 04/22/2025)

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