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SF 2165 Senate Long Description

Relating to jobs; creating jobs through rehabilitation and construction of affordable housing through green energy investments in public buildings

ARTICLE 1 - AFFORDABLE HOUSING

Authorizing the housing finance agency (HFA) issue a certain amount of nonprofit housing bonds for certain purposes; requiring the housing finance agency (HFA) to certify the actual amount of debt service on each of the issued bonds; providing for the transfer of certain outstanding bonds to the nonprofit housing bond account; requiring energy efficiency provisions be applied to housing projects; appropriating money to housing finance agency and authorizing the issuance of state bonds for loans or grants for certain publicly owned rental housing

ARTICLE 2 - GREEN ENERGY INVESTMENTS

Authorizing the commissioner of commerce or the HFA to maximize use of federal stimulus money for green energy investments; HFA appropriation for residential energy-efficiency programs; appropriating money to commissioner of commerce for grants to local school districts for energy efficiency programs; appropriating money to commissioner of administration to continue and enhance state government building energy-efficiency improvement programs and activities; appropriating money to commissioner of commerce for grants to local governments to finance the purchase and installation of renewable energy systems and geothermal heating and cooling systems

ARTICLE 3 - MINNESOTA EMERGENCY EMPLOYMENT DEVELOPMENT

"Minnesota Emergency Employment Development (MEED) Act of 2009"; establishing an emergency employment program consisting of temporary employment projects in the government and nonprofit agencies and new permanent job creation in the private sector; defining certain terms; requiring commissioner of employment and economic development (DEED) to develop and implement the program, specifying certain enforcement requirements, requiring report to the legislature and authorizing rulemaking; providing for allocation of funds among and within workforce service areas for eligible job applicants and employers; regulating use of appropriated funds; specifying certain powers and duties of employment administrators for each workforce service area; specifying project eligibility requirements for government, nonprofit agencies and business employers; giving fund allocation priority to certain eligible businesses meeting certain criteria; requiring employer accountability; creating the MEED account in the state treasury, specifying fund distribution and funding; prohibiting worker displacement; appropriating money to commissioner
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