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MN HF4901
MN HF4901Minneapolis Public Housing Authority bonds issued for the Glendale Townhomes development project.
summary
Introduced
04/09/2026
04/09/2026
In Committee
04/09/2026
04/09/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to housing; authorizing the issuance of housing infrastructure bonds to finance a grant to the Minneapolis Public Housing Authority for the Glendale Townhomes redevelopment project; amending Minnesota Statutes 2024, section 462A.37, by adding a subdivision; Minnesota Statutes 2025 Supplement, section 462A.37, subdivision 5.
AI Summary
This bill authorizes the state to issue up to $7,000,000 in housing infrastructure bonds, which are a type of bond used to finance public housing projects, to provide a grant for the Minneapolis Public Housing Authority's redevelopment of the Glendale Townhomes in Minneapolis. This new authorization is in addition to previously approved amounts. The bill also updates existing law to ensure that payments from the general fund to the housing infrastructure bond account, which are used to repay these bonds, will continue to be made annually through 2049 for bonds issued under this new authorization.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduction and first reading, referred to Housing Finance and Policy (on 04/09/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/HF/4901/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/4901/versions/0/pdf/ |
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