Bill > SF3140

This bill requires the Minnesota Housing Finance Agency to submit an annual report by January 15th to the chairs and ranking minority members of legislative committees responsible for housing finance and policy. The report must provide detailed county-level information about the first-generation homebuyers down payment assistance fund, specifically including: (1) the total number of down payment assistance awards given, (2) the total dollar amount awarded for down payment assistance, and (3) the types of housing purchased through the program, such as single-family houses, townhouses, condominiums, and manufactured housing. This reporting requirement aims to provide transparency and accountability for the down payment assistance program by offering lawmakers a comprehensive overview of how the fund is being utilized across different counties in Minnesota.

Housing and Urban Affairs

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3140&ssn=0&y=2025