as introduced - 92nd Legislature (2021 - 2022) Posted on 03/04/2021 02:40pm
Engrossments | ||
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Introduction | Posted on 03/04/2021 |
A bill for an act
relating to housing; establishing a pilot program providing grants for housing
infrastructure; appropriating money.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$5,000,000 in fiscal year 2022 is appropriated from the general fund to the commissioner
of the Housing Finance Agency for a pilot program to provide grants to municipalities for
up to 50 percent of the costs of infrastructure that would otherwise be required to be paid
by the developer for new housing developments. The grants shall be limited to 16 housing
units in the municipality and a maximum of $12,000 per housing unit. This appropriation
is onetime and available until June 30, 2022.
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