Bill > HF2914

This bill addresses funding for the workforce homeownership program by transferring and appropriating $30,250,000 in fiscal years 2026 and 2027, with the same amount to be transferred and appropriated annually in subsequent years. Specifically, the bill transfers money from the state's general fund to the housing development fund, and then appropriates those funds to the Minnesota Housing Finance Agency for the workforce homeownership program. The program, established under Minnesota Statutes section 462A.38, is designed to help workforce employees (typically middle-income workers) purchase homes, though the specific details of the program are not elaborated in this bill text. The consistent annual funding of $30,250,000 suggests a commitment to supporting housing affordability for working individuals and families in Minnesota by providing financial resources to facilitate homeownership.

Housing and Urban Affairs

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2914&ssn=0&y=2025