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SF 1196 Senate Long Description

5E Relating to housing; creating the Minnesota manufactured home relocation trust fund; requiring displaced residents to be informed of eligibility for payments from the trust fund; requiring manufactured home park owners to pay the commissioner of finance for deposit in the trust fund for the purpose of relocating displaced residents, specifying payment criteria and resident eligibility for payment provisions; specifying application procedures; requiring an annual report to the legislature by a certain date on the manufactured home relocation trust fund; providing for payment adjustments for smaller home parks; providing for the preemption of certain local ordinances; providing for the housing finance agency (HFA) to advance funds to the trust fund under certain conditions
(Ch. 141, 2007)