Bill > HF2462

This bill provides funding for workforce housing development in Minnesota by transferring $20 million from the state's general fund to the housing development fund in fiscal year 2026, and then appropriating that same amount to the Minnesota Housing Finance Agency specifically for the workforce housing development program. The appropriation is designated as a one-time funding allocation, meaning it is not intended to be a recurring annual expenditure. The workforce housing development program (referenced under Minnesota Statutes, section 462A.39) typically aims to support the creation or preservation of housing that is affordable for working-age individuals and families in areas where housing costs may be challenging relative to local income levels. By providing this funding, the bill seeks to address housing affordability and availability for workers in the state.

Housing and Urban Affairs

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2462&ssn=0&y=2025