1.1                          A bill for an act 
  1.2             relating to housing; appropriating money for a 
  1.3             nonprofit community organization to provide low-cost 
  1.4             housing to low-income families and individuals. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION.] 
  1.7      $250,000 is appropriated from the general fund to the 
  1.8   housing finance agency for the housing development fund for a 
  1.9   grant to a nonprofit, member-run community organization located 
  1.10  in a city of the first class.  To be eligible for the grant, the 
  1.11  organization must focus its efforts in neighborhoods with high 
  1.12  levels of poverty and a lack of affordable housing, provide 
  1.13  low-cost permanent and rental housing at below market rates to 
  1.14  low-income individuals and families, and have a demonstrable 
  1.15  track record of success and ability to raise funds from private 
  1.16  and public sources.  The appropriation is available for the 
  1.17  biennium ending June 30, 1997.