Bill > SF2792

This bill modifies the Minnesota Housing Challenge Program by expanding the list of eligible entities that can receive housing challenge grants or loans. Specifically, the bill adds contract alternative schools and Tribal contract schools to the existing list of eligible recipients, which already includes cities, Tribal housing corporations, private developers, nonprofit organizations, school districts, cooperative units, and charter schools. The bill updates two sections of Minnesota Statutes to include these new types of schools. For grants under $100,000, these newly added school types can now apply for funding, with the same conditions that apply to other eligible school entities. When using such grants for constructing homes for owner occupancy, these schools must also require future homeowners to participate in a homeownership education counseling and training program. The bill aims to provide more flexibility and opportunities for different types of schools to access housing development funding, potentially supporting housing initiatives in various educational contexts across Minnesota.