Bill > HF2445

This bill appropriates a total of $241,946,000 from the General Fund to the Minnesota Housing Finance Agency for various housing programs and initiatives for fiscal years 2026 and 2027. * **Challenge Program:** $35,850,000 for the economic development and housing challenge program, with a portion specifically for housing projects for American Indians. * **Workforce Housing Development:** $14,000,000 for the greater Minnesota workforce housing development program. * **Manufactured Home Park Infrastructure Grants:** $4,000,000 for grants to improve infrastructure in manufactured home parks. * **Workforce Homeownership Program:** $3,500,000 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 and families with mental illness. * **Family Homeless Prevention:** $51,138,000 for the family homeless prevention and assistance program. * **Home Ownership Assistance Fund:** $1,772,000 for the home ownership assistance program, with a focus on addressing disparities. * **Affordable Rental Investment Fund:** $8,436,000 for financing the 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 MN:** $1,000,000 for a grant to provide family stabilization plans, financial literacy, and debt counseling. * **Greater Minnesota Housing Infrastructure Grants:** $20,000,000 for a one-time appropriation for the greater Minnesota housing infrastructure grant program. * **Statewide Tenant Education and Hotline Service:** $500,000 for a one-time appropriation for a statewide tenant education and hotline service. * **Accessible Housing Task Force:** $150,000 for a one-time appropriation for the administration of the Accessible Housing Task Force. * **Policies to Stabilize Affordable Housing:** $100,000 for a one-time appropriation for the administration of policies to stabilize affordable housing. * **Housing Infrastructure Bonds:** The bill authorizes the issuance of up to $100,000,000 in housing infrastructure bonds. * **Repeals:** The bill repeals Minnesota Statutes 2024, sections 16A.287 and 462A.43.