1E Relating to housing; establishing the home values guarantee pilot program in Hennepin, Ramsey, Olmsted, St. Louis and Stearns counties; defining certain terms; authorizing commissioner of housing finance agency (HFA) to administer the program and adopt necessary rules for administration; establishing certain property requirements to qualify for a home values guarantee; specifying certain duties of commissioner; prescribing procedure for transferring property; providing for the expiration of the guarantee in the event the property is no longer homestead and owner-occupied; specifying claim filing procedure; requiring commissioner to report to the legislature status and effects of the pilot project and the recommendations for changes or clarifications; authorizing an appropriation from commissioner to make payments required by guarantees; authorizing application fee; providing for deposit of fee in the special revenue fund; authorizing appropriation to HFA commissioner for the pilot program
(ra)