1.1 	A bill for an act
1.2 	relating to state government; establishing a budget for the Minnesota Housing 
1.3 	Finance Agency; making policy and technical changes to housing provisions; 
1.4 	establishing housing programs; appropriating money; requiring reports; authorizing 
1.5 	the sale and issuance of housing infrastructure bonds; requiring financial review 
1.6 	of grantees;amending Minnesota Statutes 2022, sections 462A.05, subdivision 
1.7 	14, by adding subdivisions; 462A.201, subdivision 2; 462A.2035, subdivision 1b; 
1.8 	462A.204, subdivisions 3, 8; 462A.21, subdivision 3b; 462A.22, subdivision 1; 
1.9 	462A.36, subdivision 4, by adding a subdivision; 462A.37, subdivisions 1, 2, 4, 
1.10 	5, by adding subdivisions; 462A.38, subdivision 1; 462A.39, subdivisions 2, 5; 
1.11 	Laws 2021, First Special Session chapter 8, article 1, section 3, subdivision 11; 
1.12 	proposing coding for new law in Minnesota Statutes, chapter 462A.
1.13 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.14 	ARTICLE 1
1.15 	HOUSING APPROPRIATIONS

1.16	Section 1. APPROPRIATIONS.
 	
1.17 	The sums shown in the columns marked "Appropriations" are appropriated to the agency 
1.18 	for the purposes specified in this article. The appropriations are from the general fund, or 
1.19 	another named fund, and are available for the fiscal years indicated for each purpose. The 
1.20 	figures "2024" and "2025" used in this article mean that the appropriations listed under them 
1.21 	are available for the fiscal year ending June 30, 2024, or June 30, 2025, respectively. "The 
1.22 	first year" is fiscal year 2024. "The second year" is fiscal year 2025. "The biennium" is 
1.23 	fiscal years 2024 and 2025.

1.24				APPROPRIATIONS
	
1.25				Available for the Year
	
1.26				Ending June 30
	
1.27					2024
		2025

2.1	Sec. 2. HOUSING FINANCE AGENCY

2.2	Subdivision 1.Total Appropriation
 	$
	811,048,000
	$
	254,548,000
	
2.3 	(a) The amounts that may be spent for each 
2.4 	purpose are specified in the following 
2.5 	subdivisions.
2.6 	(b) Unless otherwise specified, this 
2.7 	appropriation is for transfer to the housing 
2.8 	development fund for the programs specified 
2.9 	in this section. Except as otherwise indicated, 
2.10 	this transfer is part of the agency's permanent 
2.11 	budget base.

2.12	Subd. 2.Challenge Program
 		62,925,000
		62,925,000
	
2.13 	(a) This appropriation is for the economic 
2.14 	development and housing challenge program 
2.15 	under Minnesota Statutes, sections 462A.33 
2.16 	and 462A.07, subdivision 14.
2.17 	(b) Of this amount, $6,292,500 each year shall 
2.18 	be made available during the first 11 months 
2.19 	of the fiscal year exclusively for housing 
2.20 	projects for American Indians. Any funds not 
2.21 	committed to housing projects for American 
2.22 	Indians within the annual consolidated request 
2.23 	for funding processes may be available for 
2.24 	any eligible activity under Minnesota Statutes, 
2.25 	sections 462A.33 and 462A.07, subdivision 
2.26 	14.
2.27 	(c) Of the amount in the first year, 
2.28 	$10,000,000 is for a grant to Urban 
2.29 	Homeworks to expand initiatives pertaining 
2.30 	to deeply affordable homeownership in 
2.31 	Minneapolis neighborhoods with over 40 
2.32 	percent of residents identifying as Black, 
2.33 	Indigenous, or People of Color and at least 40 
2.34 	percent of residents making less than 50 
3.1 	percent of the area median income.  The grant 
3.2 	is to be used for acquisition, rehabilitation, 
3.3 	and construction of homes to be sold to 
3.4 	households with incomes of 50 to 60 percent 
3.5 	of the area median income. This is a onetime 
3.6 	appropriation, and is available until June 30, 
3.7 	2027. By December 15 each year until 2027, 
3.8 	Urban Homeworks must submit a report to 
3.9 	the chairs and ranking minority members of 
3.10 	the legislative committees having jurisdiction 
3.11 	over housing finance and policy. The report 
3.12 	must include the amount used for (1) 
3.13 	acquisition, (2) rehabilitation, and (3) 
3.14 	construction of housing units, along with the 
3.15 	number of housing units acquired, 
3.16 	rehabilitated, or constructed, and the amount 
3.17 	of the appropriation that has been spent. If any 
3.18 	home was sold or transferred within the year 
3.19 	covered by the report, Urban Homeworks must 
3.20 	include the price at which the home was sold, 
3.21 	as well as how much was spent to complete 
3.22 	the project before sale.
3.23 	(d) The base for this program in fiscal year 
3.24 	2026 and beyond is $12,925,000.

3.25	Subd. 3.Workforce Housing Development
 		22,000,000
		22,000,000
	
3.26 	(a) This appropriation is for the Greater 
3.27 	Minnesota workforce housing development 
3.28 	program under Minnesota Statutes, section 
3.29 	462A.39. If requested by the applicant and 
3.30 	approved by the agency, funded properties 
3.31 	may include a portion of income and rent 
3.32 	restricted units. Funded properties may include 
3.33 	owner-occupied homes.
3.34 	(b) The base for this program in fiscal year 
3.35 	2026 and beyond is $2,000,000.

4.1
4.2	Subd. 4.Manufactured Home Park 
Infrastructure Grants and Loans
 		13,500,000
		13,500,000
	
4.3 	(a) This appropriation is for manufactured 
4.4 	home park infrastructure grants and loans 
4.5 	under Minnesota Statutes, section 462A.2035, 
4.6 	subdivision 1b.
4.7 	(b) The base for this program in fiscal year 
4.8 	2026 and beyond is $1,000,000.
4.9 	(c) By January 15 each year, the commissioner 
4.10 	must submit a report on the use of funds in 
4.11 	this subdivision to the chairs and ranking 
4.12 	minority members of the legislative 
4.13 	committees having jurisdiction over housing 
4.14 	finance and policy. The report must include 
4.15 	the following information:
4.16 	(1) grants and loans requested and funded 
4.17 	during the prior fiscal year, organized by 
4.18 	ownership type of the manufactured home 
4.19 	park, such as private, cooperative, and 
4.20 	municipal ownership, and by county;
4.21 	(2) the average amount of grants and loans 
4.22 	awarded;
4.23 	(3)  loans requested and loans funded during 
4.24 	the prior fiscal year, organized by ownership 
4.25 	type of the manufactured home park, such as 
4.26 	private, cooperative, and municipal ownership, 
4.27 	and by county;
4.28 	(4) the average amount of loans issued;
4.29 	(5) information regarding the terms of the 
4.30 	loans; and
4.31 	(6) information about how repaid loan funds 
4.32 	were used.

5.1	Subd. 5.Workforce Homeownership Program
 		17,750,000
		17,750,000
	
5.2 	(a) This appropriation is for the workforce 
5.3 	homeownership program under Minnesota 
5.4 	Statutes, section 462A.38.
5.5 	(b) The base for this program in fiscal year 
5.6 	2026 and beyond is $250,000.

5.7	Subd. 6.Housing Trust Fund
 		26,646,000
		16,646,000
	
5.8 	(a) This appropriation is for deposit in the 
5.9 	housing trust fund account created under 
5.10 	Minnesota Statutes, section 462A.201, and 
5.11 	may be used for the purposes provided in that 
5.12 	section.
5.13 	(b) $10,000,000 in the first year is for grants 
5.14 	to low-income persons eligible under 
5.15 	Minnesota Statutes, section 462A.201, 
5.16 	subdivision 2, to purchase shares in 
5.17 	limited-equity cooperative housing units. 
5.18 	Grants are limited to $20,000 or 25 percent of 
5.19 	the cost of a share, whichever is less. This 
5.20 	paragraph expires on June 30, 2027, and any 
5.21 	money remaining on June 30, 2027, shall be 
5.22 	returned to the housing trust fund account.
5.23 	(c) The base for this program for fiscal year 
5.24 	2026 and beyond is $11,646,000.

5.25	Subd. 7.Homework Starts with Home
 		4,250,000
		4,250,000
	
5.26 	(a) This appropriation is for the homework 
5.27 	starts with home program under Minnesota 
5.28 	Statutes, sections 462A.201, subdivision 2, 
5.29 	paragraph (a), clause (4), and 462A.204, 
5.30 	subdivision 8, to provide assistance to 
5.31 	homeless families, those at risk of 
5.32 	homelessness, or highly mobile families.
6.1 	(b) The base for this program in fiscal year 
6.2 	2026 and beyond is $1,750,000.

6.3	Subd. 8.Rental Assistance for Mentally Ill
 		9,338,000
		9,338,000
	
6.4 	(a) This appropriation is for the rental housing 
6.5 	assistance program for persons with a mental 
6.6 	illness or families with an adult member with 
6.7 	a mental illness under Minnesota Statutes, 
6.8 	section 462A.2097. Among comparable 
6.9 	proposals, the agency shall prioritize those 
6.10 	proposals that target, in part, eligible persons 
6.11 	who desire to move to more integrated, 
6.12 	community-based settings.
6.13 	(b) Notwithstanding any law to the contrary, 
6.14 	this appropriation may be used for risk 
6.15 	mitigation funds, landlord incentives, or other 
6.16 	costs necessary to decrease the risk of 
6.17 	homelessness, as determined by the agency.
6.18 	(c) The base for this program in fiscal year 
6.19 	2026 and beyond is $4,338,000.

6.20	Subd. 9.Family Homeless Prevention
 		60,269,000
		10,269,000
	
6.21 	(a) This appropriation is for the family 
6.22 	homeless prevention and assistance program 
6.23 	under Minnesota Statutes, section 462A.204.
6.24 	(b) Up to $5,000,000 in fiscal year 2024 is for 
6.25 	grants to eligible applicants to create or expand 
6.26 	risk mitigation programs to reduce landlord 
6.27 	financial risks for renting to persons eligible 
6.28 	under Minnesota Statutes, section 462A.204. 
6.29 	Eligible programs may use funds for 
6.30 	administrative costs, outreach and coordination 
6.31 	staff, and to reimburse landlords for costs 
6.32 	including but not limited to nonpayment of 
6.33 	rent, or damage costs above those costs 
6.34 	covered by security deposits. This 
7.1 	appropriation may be used for staffing costs 
7.2 	necessary to implement the program. The 
7.3 	agency may give priority to applicants that 
7.4 	demonstrate a matching amount of money by 
7.5 	a local unit of government, business, or 
7.6 	nonprofit organization. Grantees must 
7.7 	establish a procedure to review and validate 
7.8 	claims and reimbursements under this 
7.9 	program. This is a onetime appropriation.
7.10 	(c) For fiscal year 2024 and fiscal year 2025, 
7.11 	qualified families may receive more than 24 
7.12 	months of rental assistance.
7.13 	(d) If the agency determines that the 
7.14 	metropolitan area needs additional support to 
7.15 	serve homeless households or those at risk of 
7.16 	homelessness, the agency is authorized to 
7.17 	grant funds to entities other than counties in 
7.18 	the metropolitan area, including but not limited 
7.19 	to nonprofit organizations.
7.20 	(e) When a new grantee works with a current 
7.21 	or former grantee in a given geographic area, 
7.22 	a new grantee may work with either an 
7.23 	advisory committee as required under 
7.24 	Minnesota Statutes, section 462A.204, 
7.25 	subdivision 6, or the local continuum of care 
7.26 	and is not required to meet the requirements 
7.27 	of Minnesota Statutes, section 462A.204, 
7.28 	subdivision 4.
7.29 	(f) Notwithstanding any law to the contrary, 
7.30 	$10,000,000 of this appropriation is allocated 
7.31 	to federally recognized American Indian 
7.32 	Tribes located in Minnesota. The funds shall 
7.33 	be divided proportionally among the Tribes 
7.34 	and shall be used for the purposes allowed 
7.35 	under this section.
8.1 	(g) $2,400,000 in fiscal year 2024 is for a 
8.2 	grant to Neighborhood House, a Ramsey 
8.3 	County-based nonprofit organization, to 
8.4 	provide administrative costs for families facing 
8.5 	eviction, rental assistance, delinquent utility 
8.6 	fees, mortgage assistance, and damage deposit 
8.7 	assistance. This is a onetime appropriation.
8.8 	(h) The base for this program in fiscal year 
8.9 	2026 and beyond is $10,269,000.

8.10	Subd. 10.Home Ownership Assistance Fund
 		13,385,000
		13,385,000
	
8.11 	(a) This appropriation is for the home 
8.12 	ownership assistance program under 
8.13 	Minnesota Statutes, section 462A.21, 
8.14 	subdivision 8. The agency shall continue to 
8.15 	strengthen its efforts to address the disparity 
8.16 	gap in the homeownership rate between white 
8.17 	households and indigenous American Indians 
8.18 	and communities of color. To better 
8.19 	understand and address the disparity gap, the 
8.20 	agency is required to collect, on a voluntary 
8.21 	basis, demographic information regarding 
8.22 	race, color, national origin, and sex of 
8.23 	applicants for agency programs intended to 
8.24 	benefit homeowners and homebuyers.
8.25 	(b) The base for this program in fiscal year 
8.26 	2026 and beyond is $885,000.

8.27	Subd. 11.Affordable Rental Investment Fund
 		4,218,000
		4,218,000
	
8.28 	(a) This appropriation is for the affordable 
8.29 	rental investment fund program under 
8.30 	Minnesota Statutes, section 462A.21, 
8.31 	subdivision 8b, to finance the acquisition, 
8.32 	rehabilitation, and debt restructuring of 
8.33 	federally assisted rental property and for 
9.1 	making equity take-out loans under Minnesota 
9.2 	Statutes, section 462A.05, subdivision 39.
9.3 	(b) The owner of federally assisted rental 
9.4 	property must agree to participate in the 
9.5 	applicable federally assisted housing program 
9.6 	and to extend any existing low-income 
9.7 	affordability restrictions on the housing for 
9.8 	the maximum term permitted.
9.9 	(c) The appropriation also may be used to 
9.10 	finance the acquisition, rehabilitation, and debt 
9.11 	restructuring of existing supportive housing 
9.12 	properties and naturally occurring affordable 
9.13 	housing as determined by the commissioner. 
9.14 	For purposes of this paragraph, "supportive 
9.15 	housing" means affordable rental housing with 
9.16 	links to services necessary for individuals, 
9.17 	youth, and families with children to maintain 
9.18 	housing stability.

9.19
9.20	Subd. 12.Owner-Occupied Housing 
Rehabilitation
 		2,772,000
		2,772,000
	
9.21 	(a) This appropriation is for the rehabilitation 
9.22 	of owner-occupied housing under Minnesota 
9.23 	Statutes, section 462A.05, subdivisions 14 and 
9.24 	14a.
9.25 	(b) Notwithstanding any law to the contrary, 
9.26 	grants or loans under this subdivision may be 
9.27 	made without rent or income restrictions of 
9.28 	owners or tenants. To the extent practicable, 
9.29 	grants or loans must be made available 
9.30 	statewide.

9.31	Subd. 13.Rental Housing Rehabilitation
 		3,743,000
		3,743,000
	
9.32 	(a) This appropriation is for the rehabilitation 
9.33 	of eligible rental housing under Minnesota 
9.34 	Statutes, section 462A.05, subdivision 14. In 
10.1 	administering a rehabilitation program for 
10.2 	rental housing, the agency may apply the 
10.3 	processes and priorities adopted for 
10.4 	administration of the economic development 
10.5 	and housing challenge program under 
10.6 	Minnesota Statutes, section 462A.33, and may 
10.7 	provide grants or forgivable loans if approved 
10.8 	by the agency.
10.9 	(b) Notwithstanding any law to the contrary, 
10.10 	grants or loans under this subdivision may be 
10.11 	made without rent or income restrictions of 
10.12 	owners or tenants. To the extent practicable, 
10.13 	grants or loans must be made available 
10.14 	statewide.

10.15
10.16	Subd. 14.Homeownership Education, 
Counseling, and Training
 		2,357,000
		2,357,000
	
10.17 	(a) This appropriation is for the 
10.18 	homeownership education, counseling, and 
10.19 	training program under Minnesota Statutes, 
10.20 	section 462A.209.
10.21 	(b) The base for this program in fiscal year 
10.22 	2026 and beyond is $857,000.

10.23	Subd. 15.Capacity-Building Grants
 		5,230,000
		5,230,000
	
10.24 	(a) This appropriation is for capacity-building 
10.25 	grants under Minnesota Statutes, section 
10.26 	462A.21, subdivision 3b. Of this amount, up 
10.27 	to $125,000 each year is for support of the 
10.28 	Homeless Management Information System 
10.29 	(HMIS), and $85,000 in fiscal year 2024 and 
10.30 	$85,000 in fiscal year 2025 are for Open 
10.31 	Access Connections. The appropriations for 
10.32 	Open Access Connections are onetime.
10.33 	(b) $445,000 in fiscal year 2024 is for a grant 
10.34 	to the Community Stabilization Project to: (1) 
11.1 	deliver services and curriculum to renters and 
11.2 	property owners in order to preserve deeply 
11.3 	affordable rental units in underrepresented 
11.4 	communities; (2) help create entry-level 
11.5 	employment opportunities for renters; and (3) 
11.6 	construct a secure space for documents and 
11.7 	identification for those experiencing 
11.8 	homelessness. This is a onetime appropriation.
11.9 	(c) The base for this program in fiscal year 
11.10 	2026 and beyond is $645,000.

11.11	Subd. 16.Build Wealth Minnesota
 		5,500,000
		500,000
	
11.12 	(a) $500,000 each year is for a grant to Build 
11.13 	Wealth Minnesota to provide a family 
11.14 	stabilization plan program.
11.15 	(b) $5,000,000 the first year is for a grant to 
11.16 	Build Wealth Minnesota for the 9,000 Equities 
11.17 	Fund, a targeted loan pool, to provide 
11.18 	affordable first mortgages or equivalent 
11.19 	financing opportunities to households 
11.20 	struggling to access mortgages in underserved 
11.21 	communities of color. Of this amount, up to 
11.22 	$1,000,000 may be used for a grant to 
11.23 	Stairstep Foundation to support completion of 
11.24 	the Family Stabilization Plan program 
11.25 	developed by Build Wealth Minnesota. This 
11.26 	is a onetime appropriation.

11.27	Subd. 17.Housing Infrastructure
 		100,000,000
		0
	
11.28 	This appropriation is for the housing 
11.29 	infrastructure program for the eligible 
11.30 	purposes under Minnesota Statutes, section 
11.31 	462A.37, subdivision 2. This is a onetime 
11.32 	appropriation.

11.33	Subd. 18.Community Stabilization
 		100,000,000
		-0-
	
12.1 	This appropriation is for the community 
12.2 	stabilization program under Minnesota 
12.3 	Statutes, section 462A.43. Of this amount, 
12.4 	$30,000,000 is for a grant to the Minneapolis 
12.5 	Public Housing Authority for the city of 
12.6 	Minneapolis and its affiliated entities, 
12.7 	including but not limited to its wholly 
12.8 	controlled nonprofit corporation, Community 
12.9 	Housing Resources, to rehabilitate, preserve, 
12.10 	equip, and repair its deeply affordable family 
12.11 	housing units. This a onetime appropriation.

12.12	Subd. 19.Supportive Housing
 		40,000,000
		0
	
12.13 	This appropriation is for the supportive 
12.14 	housing program under Minnesota Statutes, 
12.15 	section 462A.42. This is a onetime 
12.16 	appropriation.

12.17	Subd. 20.First Generation Homebuyer
 		100,000,000
		0
	
12.18 	This appropriation is for the first generation 
12.19 	homebuyer program down payment assistance 
12.20 	fund. This is a onetime appropriation.

12.21	Subd. 21.Local Housing Trust Fund Grants
 		10,000,000
		0
	
12.22 	(a) $8,000,000 in fiscal year 2024 is for 
12.23 	deposit in the housing development fund for 
12.24 	grants to local housing trust funds established 
12.25 	under Minnesota Statutes, section 462C.16, 
12.26 	to incentivize local funding. This is a onetime 
12.27 	appropriation.
12.28 	(b) A grantee is eligible to receive a grant 
12.29 	amount equal to 100 percent of the public 
12.30 	revenue committed to the local housing trust 
12.31 	fund from any source other than the state or 
12.32 	federal government, up to $150,000, and in 
12.33 	addition, an amount equal to 50 percent of the 
12.34 	public revenue committed to the local housing 
13.1 	trust fund from any source other than the state 
13.2 	or federal government that is more than 
13.3 	$150,000 but not more than $300,000.
13.4 	(c) $100,000 of the amount appropriated in 
13.5 	paragraph (a) is for technical assistance grants 
13.6 	to local and regional housing trust funds. A 
13.7 	housing trust fund may apply for a technical 
13.8 	assistance grant at the time and in the manner 
13.9 	and form required by the agency. The agency 
13.10 	shall make grants on a first-come, first-served 
13.11 	basis. A technical assistance grant must not 
13.12 	exceed $5,000.
13.13 	(d) A grantee must use grant funds within 
13.14 	eight years of receipt for purposes (1) 
13.15 	authorized under Minnesota Statutes, section 
13.16 	462C.16, subdivision 3, and (2) benefiting 
13.17 	households with incomes at or below 115 
13.18 	percent of the state median income. A grantee 
13.19 	must return any grant funds not used for these 
13.20 	purposes within eight years of receipt to the 
13.21 	commissioner of the Minnesota Housing 
13.22 	Finance Agency for deposit into the housing 
13.23 	development fund.
13.24 	(e) $2,000,000 in fiscal year 2024 is for a grant 
13.25 	to Northland Foundation. Northland 
13.26 	Foundation may use the funds on expenditures 
13.27 	authorized under Minnesota Statutes, section 
13.28 	462C.16, subdivision 3, and on assisting local 
13.29 	governments to establish local or regional 
13.30 	housing trust funds. Northland Foundation 
13.31 	may award grants and loans to other entities 
13.32 	to expend on authorized expenditures under 
13.33 	this section. This is a onetime appropriation 
13.34 	and is available until June 30, 2025.

14.1
14.2	Subd. 22.Greater Minnesota Housing 
Infrastructure Grant Program
 		5,000,000
		0
	
14.3 	This appropriation is for a pilot program to 
14.4 	provide grants to municipalities for up to 50 
14.5 	percent of the costs of infrastructure that 
14.6 	would otherwise be required to be paid by the 
14.7 	developer for new housing developments. The 
14.8 	grants shall be limited to 16 housing units in 
14.9 	the municipality and a maximum of $12,000 
14.10 	per housing unit. This is a onetime 
14.11 	appropriation.

14.12	Subd. 23.Stable Rental Housing Mediation
 		4,000,000
		0
	
14.13 	This appropriation is for housing mediation 
14.14 	grants under Minnesota Statutes, section 
14.15 	462A.2098. This is a onetime appropriation. 
14.16 	Of this amount, up to $300,000 may be used 
14.17 	for administrative costs under Minnesota 
14.18 	Statutes, section 462A.2098, subdivision 3.

14.19
14.20	Subd. 24.Manufactured Home Park Cooperative 
Purchase Program
 		10,000,000
		0
	
14.21 	(a) This appropriation is for loans under this 
14.22 	subdivision.
14.23 	(b) The funding under this subdivision may 
14.24 	be used for a revolving loan fund under 
14.25 	Minnesota Statutes, section 462A.05, 
14.26 	subdivision 35, to provide interest-free loans 
14.27 	for residents of manufactured home parks to 
14.28 	purchase the manufactured home park in 
14.29 	which they reside for the purpose of 
14.30 	conversion of the manufactured home park to 
14.31 	cooperative ownership. Repayments of 
14.32 	principal from loans issued under this section 
14.33 	must be used for the purposes of this 
14.34 	subdivision.
15.1 	(c) The agency may develop criteria for loan 
15.2 	requests under this subdivision. Within 90 
15.3 	days of final enactment, the commissioner 
15.4 	shall develop the forms, applications, and 
15.5 	reporting requirements for use by eligible 
15.6 	organizations. In developing these materials, 
15.7 	the commissioner shall consult with 
15.8 	manufactured housing cooperatives, 
15.9 	resident-owned manufactured home 
15.10 	communities, and nonprofit organizations 
15.11 	working with manufactured housing 
15.12 	cooperatives and resident-owned communities.
15.13 	(d) Borrowers must use funds to assist in the 
15.14 	creation and preservation of housing that is 
15.15 	affordable to households with incomes at or 
15.16 	below 80 percent of the greater of state or area 
15.17 	median income.
15.18 	(e) A deed purchased with a loan under this 
15.19 	section must contain a covenant running with 
15.20 	the land requiring that the land be used as a 
15.21 	manufactured home park for 30 years from 
15.22 	the date of purchase.
15.23 	(f) For the purposes of this subdivision, the 
15.24 	terms "manufactured home," "manufactured 
15.25 	home park," and "resident" have the meanings 
15.26 	given in Minnesota Statutes, section 327C.015.
15.27 	(g) By January 15 each year, the commissioner 
15.28 	must submit a report to the chairs and ranking 
15.29 	minority members of the legislative 
15.30 	committees with jurisdiction over housing 
15.31 	finance and policy detailing the use of funds 
15.32 	under this section. The report must include the 
15.33 	following information:
15.34 	(1) the number and amount of loans issued;
16.1 	(2) the amount of loans that have been repaid;
16.2 	(3) the amount of interest earned within the 
16.3 	fund and the remaining balance of the 
16.4 	revolving loan fund;
16.5 	(4) the number of residents included in each 
16.6 	project; and
16.7 	(5) the location of each project.

16.8	Subd. 25.Manufactured Home Lending Grants
 		25,000,000
		0
	
16.9 	This appropriation is for the manufactured 
16.10 	home lending grant program. This is a onetime 
16.11 	appropriation.

16.12	Subd. 26.Lead Safe Homes Grant Program
 		5,000,000
		0
	
16.13 	This appropriation is for the lead safe homes 
16.14 	grant program under Minnesota Statutes, 
16.15 	section 462A.2096. This is a onetime 
16.16 	appropriation.

16.17
16.18	Subd. 27.High-Rise Sprinkler System Grant 
Program
 		10,000,000
		0
	
16.19 	This appropriation is for the high-rise sprinkler 
16.20 	system grant program. Of this amount, up to 
16.21 	$4,000,000 must be for a grant to 
16.22 	CommonBond Communities for installation 
16.23 	of sprinkler systems at two buildings known 
16.24 	as Seward Tower West located at 2515 South 
16.25 	9th Street in Minneapolis and Seward Tower 
16.26 	East located at 2910 East Franklin Avenue in 
16.27 	Minneapolis. This is a onetime appropriation.

16.28	Subd. 28.Rent Assistance Program
 		65,665,000
		65,665,000
	
16.29 	(a) This appropriation is for the rent assistance 
16.30 	program under Minnesota Statutes, section 
16.31 	462A.2095. This appropriation is available 
16.32 	until June 30, 2027. Up to five percent of the 
17.1 	amount may be used in the first year to set up 
17.2 	the program.
17.3 	(b) The base for this program in fiscal year 
17.4 	2026 and beyond is $10,000,000.

17.5
17.6	Subd. 29.Homeownership Investment Grants 
Program
 		80,000,000
		0
	
17.7 	This appropriation is for the homeownership 
17.8 	investment grants program. This is a onetime 
17.9 	appropriation.

17.10
17.11	Subd. 30.Housing Cost Reduction Incentive 
Program
 		2,500,000
		0
	
17.12 	This appropriation is for the housing cost 
17.13 	reduction incentive program under Minnesota 
17.14 	Statutes, section 462A.41. This is a onetime 
17.15 	appropriation.

17.16	Subd. 31.Availability and Transfer of Funds
 					
17.17 	Money appropriated in the first year in this 
17.18 	article is available the second year. The 
17.19 	commissioner may shift or transfer money in 
17.20 	the second year in subdivisions 2, 3, 4, 5, 11, 
17.21 	12, and 13 to address high-priority housing 
17.22 	needs.

17.23	Subd. 32.Report to Legislature
 					
17.24 	(a) By January 15, 2024; January 15, 2025; 
17.25 	and January 15, 2026, the commissioner shall 
17.26 	submit a report to the chairs and ranking 
17.27 	minority members of the legislative 
17.28 	committees having jurisdiction over housing 
17.29 	finance and policy containing the following 
17.30 	information about each of the programs funded 
17.31 	in this act:
17.32 	(1) the amount expended and the remaining 
17.33 	balance from each program;
18.1 	(2) grant awards, including the amounts and 
18.2 	geographic distribution of the awards; and
18.3 	(3) the number of housing units that are 
18.4 	affected by each grant including new and 
18.5 	rehabilitated owner-occupied homes, new and 
18.6 	rehabilitated rental units, and new and 
18.7 	rehabilitated manufactured homes, as reported 
18.8 	in paragraph (b).
18.9 	(b) The commissioner shall require any entity 
18.10 	that receives a grant for new construction or 
18.11 	housing rehabilitation from a program funded 
18.12 	in this act to submit the following information 
18.13 	prior to receiving the grant award, and at the 
18.14 	conclusion of the grant:
18.15 	(1) the number of newly constructed rental 
18.16 	units;
18.17 	(2) the number of newly constructed 
18.18 	owner-occupied units;
18.19 	(3) the number of units to be used as rentals 
18.20 	that were rehabilitated; and
18.21 	(4) the number of units to be owner-occupied 
18.22 	that were rehabilitated.

18.23 	ARTICLE 2
18.24 	HOUSING POLICY

18.25 	Section 1. Minnesota Statutes 2022, section 462A.05, subdivision 14, is amended to read:
18.26 		Subd. 14.Rehabilitation loans. It may agree to purchase, make, or otherwise participate 
18.27 	in the making, and may enter into commitments for the purchase, making, or participation 
18.28 	in the making, of eligible loans for rehabilitation, with terms and conditions as the agency 
18.29 	deems advisable, to persons and families of low and moderate income, and to owners of 
18.30 	existing residential housing for occupancy by such persons and families, for the rehabilitation 
18.31 	of existing residential housing owned by them. Rehabilitation may include the addition or 
18.32 	rehabilitation of a detached accessory dwelling unit. The loans may be insured or uninsured 
19.1 	and may be made with security, or may be unsecured, as the agency deems advisable. The 
19.2 	loans may be in addition to or in combination with long-term eligible mortgage loans under 
19.3 	subdivision 3. They may be made in amounts sufficient to refinance existing indebtedness 
19.4 	secured by the property, if refinancing is determined by the agency to be necessary to permit 
19.5 	the owner to meet the owner's housing cost without expending an unreasonable portion of 
19.6 	the owner's income thereon. No loan for rehabilitation shall be made unless the agency 
19.7 	determines that the loan will be used primarily to make the housing more desirable to live 
19.8 	in, to increase the market value of the housing, for compliance with state, county or municipal 
19.9 	building, housing maintenance, fire, health or similar codes and standards applicable to 
19.10 	housing, or to accomplish energy conservation related improvements. In unincorporated 
19.11 	areas and municipalities not having codes and standards, the agency may, solely for the 
19.12 	purpose of administering the provisions of this chapter, establish codes and standards. No 
19.13 	loan under this subdivision for the rehabilitation of owner-occupied housing shall be denied 
19.14 	solely because the loan will not be used for placing the owner-occupied residential housing 
19.15 	in full compliance with all state, county, or municipal building, housing maintenance, fire, 
19.16 	health, or similar codes and standards applicable to housing. Rehabilitation loans shall be 
19.17 	made only when the agency determines that financing is not otherwise available, in whole 
19.18 	or in part, from private lenders upon equivalent terms and conditions. Accessibility 
19.19 	rehabilitation loans authorized under this subdivision may be made to eligible persons and 
19.20 	families without limitations relating to the maximum incomes of the borrowers if:
19.21 	(1) the borrower or a member of the borrower's family requires a level of care provided 
19.22 	in a hospital, skilled nursing facility, or intermediate care facility for persons with 
19.23 	developmental disabilities;
19.24 	(2) home care is appropriate; and
19.25 	(3) the improvement will enable the borrower or a member of the borrower's family to 
19.26 	reside in the housing.
19.27 	The agency may waive any requirement that the housing units in a residential housing 
19.28 	development be rented to persons of low and moderate income if the development consists 
19.29 	of four or less fewer dwelling units, one of which is occupied by the owner.

19.30 	Sec. 2. Minnesota Statutes 2022, section 462A.05, is amended by adding a subdivision to 
19.31 	read:
19.32 		Subd. 42.Indian Tribes. Notwithstanding any other provision in this chapter, at its 
19.33 	discretion the agency may make any federally recognized Indian Tribe in Minnesota, or 
20.1 	their associated Tribally Designated Housing Entity (TDHE) as defined by United States 
20.2 	Code, title 25, section 4103(22), eligible for funding authorized under this chapter.

20.3 	Sec. 3. Minnesota Statutes 2022, section 462A.05, is amended by adding a subdivision to 
20.4 	read:
20.5 		Subd. 43.Rent assistance program. The agency may administer the rent assistance 
20.6 	program established in section 462A.2095.

20.7 	Sec. 4. Minnesota Statutes 2022, section 462A.05, is amended by adding a subdivision to 
20.8 	read:
20.9 		Subd. 44.Housing disparities. The agency must prioritize its use of appropriations for 
20.10 	any program under this chapter to serve households most affected by housing disparities.

20.11 	Sec. 5. Minnesota Statutes 2022, section 462A.05, is amended by adding a subdivision to 
20.12 	read:
20.13 		Subd. 45.Special purpose credit program. The agency may establish special purpose 
20.14 	credit programs to assist one or more economically disadvantaged classes of persons in 
20.15 	order to address the effects of historic and current discrimination which resulted in limiting 
20.16 	access to housing credit by persons on the basis of race, color, ethnicity, or national origin. 
20.17 	A special purpose credit program may include a wide variety of remedies, including but 
20.18 	not limited to loans or other financial assistance, based on current, documented need as 
20.19 	determined by the agency.

20.20 	Sec. 6. Minnesota Statutes 2022, section 462A.2035, subdivision 1b, is amended to read:
20.21 		Subd. 1b.Manufactured home park infrastructure grants and loans. Eligible 
20.22 	recipients may use manufactured home park infrastructure grants and loans under this 
20.23 	program for:
20.24 	(1) acquisition of and improvements in manufactured home parks; and
20.25 	(2) infrastructure, including storm shelters and community facilities.

20.26 	Sec. 7. Minnesota Statutes 2022, section 462A.204, subdivision 3, is amended to read:
20.27 		Subd. 3.Set aside. At least one grant must be awarded in an area located outside of the 
20.28 	metropolitan area. A county, a group of contiguous counties jointly acting together, a Tribe, 
20.29 	a group of Tribes, or a community-based nonprofit organization with a sponsoring resolution 
21.1 	from each of the county boards of the counties located within its operating jurisdiction may 
21.2 	apply for and receive grants for areas located outside the metropolitan area.

21.3 	Sec. 8. [462A.2095] RENT ASSISTANCE PROGRAM.
21.4 		Subdivision 1.Program established. The state rent assistance account is established 
21.5 	as a separate account in the housing development fund. Money in the account is appropriated 
21.6 	to the agency for grants to program administrators for the purposes specified in this section.
21.7 		Subd. 2.Definitions. (a) For purposes of this section, the following terms have the 
21.8 	meanings given.
21.9 	(b) "Eligible household" means a household with an annual income of up to 50 percent 
21.10 	of the area median income as determined by the United States Department of Housing and 
21.11 	Urban Development, adjusted for family size, that is paying more than 30 percent of the 
21.12 	household's annual income on rent. Eligibility is determined at the time a household first 
21.13 	receives rent assistance under this section. Eligibility shall be recertified every year thereafter. 
21.14 	Eligible household does not include a household receiving federal tenant-based or 
21.15 	project-based assistance under Section 8 of the United States Housing Act of 1937, as 
21.16 	amended.
21.17 	(c) "Program administrator" means:
21.18 	(1) a housing and redevelopment authority or other local government agency or authority 
21.19 	that administers federal tenant-based or project-based assistance under Section 8 of the 
21.20 	United States Housing Act of 1937, as amended;
21.21 	(2) a Tribal government or Tribally designated housing entity; or
21.22 	(3) if the local housing authority, Tribal government, or Tribally designated housing 
21.23 	entity declines to administer the program established in this section, a nongovernmental 
21.24 	organization determined by the agency to have the capacity to administer the program.
21.25 		Subd. 3.Grants to program administrators. (a) The agency may make grants to 
21.26 	program administrators to provide rental assistance for eligible households. For both 
21.27 	tenant-based and project-based assistance, program administrators shall pay assistance 
21.28 	directly to housing providers. Rental assistance may be provided in the form of tenant-based 
21.29 	assistance or project-based assistance. To the extent practicable, the agency must make 
21.30 	grants statewide in proportion to the number of households eligible for assistance in each 
21.31 	county according to the most recent American Community Survey of the United States 
21.32 	Census Bureau.
22.1 	(b) The program administrator may use its existing procedures to administer the rent 
22.2 	assistance program or may develop alternative procedures with the goals of reaching 
22.3 	households most in need and incentivizing landlord participation. The agency must approve 
22.4 	a program administrator's alternative procedures. Priority for rental assistance shall be given 
22.5 	to households with children 18 years of age and under, and annual incomes of up to 30 
22.6 	percent of the area median income.
22.7 		Subd. 4.Amount of rent assistance. A program administrator may provide tenant-based 
22.8 	or project-based vouchers in amounts equal to the difference between 30 percent of household 
22.9 	income and the rent charged, plus an allowance for utilities if not included in rent. A program 
22.10 	administrator may not provide assistance that is more than the difference between 30 percent 
22.11 	of the tenant's gross income and 120 percent of the payment standard, plus utilities, as 
22.12 	established by the local public housing authority, unless otherwise authorized by the agency.
22.13 		Subd. 5.Administrative fees. The agency shall consult with public housing authorities 
22.14 	to determine the amount of administrative fees to pay to program administrators.
22.15 		Subd. 6.Rent assistance not income. (a) Rent assistance grant money under this section 
22.16 	is excluded from income as defined in sections 290.0674, subdivision 2a, and 290A.03, 
22.17 	subdivision 3.
22.18 	(b) Notwithstanding any law to the contrary, payments under this section must not be 
22.19 	considered income, assets, or personal property for purposes of determining eligibility or 
22.20 	recertifying eligibility for state public assistance, including but not limited to:
22.21 	(1) child care assistance programs under chapter 119B;
22.22 	(2) general assistance, Minnesota supplemental aid, and food support under chapter 
22.23 	256D;
22.24 	(3) housing support under chapter 256I;
22.25 	(4) Minnesota family investment program and diversionary work program under chapter 
22.26 	256J; and
22.27 	(5) economic assistance programs under chapter 256P.
22.28 	(c) The commissioner of human services must not consider rent assistance grant money 
22.29 	under this section as income or assets under section 256B.056, subdivision 1a, paragraph 
22.30 	(a); subdivision 3; or subdivision 3c, or for persons with eligibility determined under section 
22.31 	256B.057, subdivision 3, 3a, or 3b.
23.1 		Subd. 7.Oversight. The agency may direct program administrators to comply with 
23.2 	applicable sections of Code of Federal Regulations, title 24, part 982.

23.3 	Sec. 9. [462A.2096] LEAD SAFE HOMES GRANT PROGRAM.
23.4 		Subdivision 1.Establishment. The commissioner of the Minnesota Housing Finance 
23.5 	Agency must establish and administer a grant program to support making homes safer 
23.6 	through lead testing and hazard reduction.
23.7 		Subd. 2.Eligible projects. (a) The commissioner may award a grant under this section 
23.8 	for any project that will:
23.9 	(1) provide lead risk assessments completed by a lead inspector or a lead risk assessor 
23.10 	licensed by the commissioner of health pursuant to section 144.9505 for properties built 
23.11 	before 1978 to determine the presence of lead hazards;
23.12 	(2) provide interim controls to reduce lead health hazards; and
23.13 	(3) serve low-income residents. For multifamily rental properties, at least 50 percent of 
23.14 	the tenants must have an income below 60 percent of the area median income.
23.15 	(b) The commissioner must give priority to funding projects that serve areas where there 
23.16 	are high concentrations of lead poisoning in children based on information provided by the 
23.17 	commissioner of health.
23.18 	(c) The commissioner must not award a grant unless all other available state and federal 
23.19 	funding sources related to lead testing and hazard reduction for which an applicant is eligible 
23.20 	are used.
23.21 	(d) The commissioner must balance grant awards so that projects occur within and 
23.22 	outside metropolitan counties as defined in section 473.121, subdivision 4.
23.23 	(e) Up to ten percent of a grant award may be used to administer the grant and provide 
23.24 	education and outreach about lead health hazards.
23.25 		Subd. 3.Grant eligibility. A nonprofit organization or local unit of government may 
23.26 	apply for a grant under this section.
23.27 		Subd. 4.Short title.  This section shall be known as the "Dustin Luke Shields Act."

23.28 	Sec. 10. [462A.2098] MINNESOTA HOUSING MEDIATION GRANT PROGRAM.
23.29 		Subdivision 1.Establishment; purpose. The agency shall establish a housing mediation 
23.30 	program to reduce negative consequences to renters, rental property owners, families, 
24.1 	schools, employers, neighborhoods, and communities by providing support to renters and 
24.2 	residential rental property owners.
24.3 		Subd. 2.Selection criteria. The agency shall award grants to community dispute 
24.4 	resolution programs certified under section 494.015. The agency shall develop forms and 
24.5 	procedures for soliciting and reviewing applications for grants under this section.
24.6 		Subd. 3.Administration. The agency shall award a grant to Community Mediation 
24.7 	Minnesota to administrate the housing mediation program to ensure effective statewide 
24.8 	management, program design, and outreach among the grantees.
24.9 		Subd. 4.Authorized uses of grant. The grant funding must be used to:
24.10 	(1) provide housing dispute resolution services;
24.11 	(2) increase awareness of and access to housing dispute resolution services statewide;
24.12 	(3) provide alternative dispute resolution services, including but not limited to eviction 
24.13 	prevention, mediation, and navigation services;
24.14 	(4) partner with culturally specific dispute resolution programs to provide training and 
24.15 	assistance with virtual and in-person mediation services;
24.16 	(5) increase mediation services for seniors and renters with disabilities and illnesses that 
24.17 	face housing instability;
24.18 	(6) increase the diversity and cultural competency of the housing mediator roster;
24.19 	(7) integrate housing mediation services with navigation and resource connection services, 
24.20 	legal assistance, and court services programs; and
24.21 	(8) develop and administer evaluation tools to design, modify, and replicate effective 
24.22 	program outcomes.

24.23 	Sec. 11. Minnesota Statutes 2022, section 462A.201, subdivision 2, is amended to read:
24.24 		Subd. 2.Low-income housing. (a) The agency may use money from the housing trust 
24.25 	fund account to provide loans or grants for:
24.26 	(1) projects for the development, construction, acquisition, preservation, and rehabilitation 
24.27 	of low-income rental and limited equity cooperative housing units, including temporary 
24.28 	and transitional housing;
24.29 	(2) the costs of operating rental housing, as determined by the agency, that are unique 
24.30 	to the operation of low-income rental housing or supportive housing;
25.1 	(3) rental assistance, either project-based or tenant-based; and
25.2 	(4) programs to secure stable housing for families with minor children or with children 
25.3 	eligible for enrollment in a prekindergarten through grade 12 academic program.
25.4 	For purposes of this section, "transitional housing" has the meaning given by the United 
25.5 	States Department of Housing and Urban Development. Loans or grants for residential 
25.6 	housing for migrant farmworkers may be made under this section.
25.7 	(b) The housing trust fund account must be used for the benefit of persons and families 
25.8 	whose income, at the time of initial occupancy, does not exceed 60 percent of median income 
25.9 	as determined by the United States Department of Housing and Urban Development for the 
25.10 	metropolitan area. At least 75 percent of the funds in the housing trust fund account must 
25.11 	be used for the benefit of persons and families whose income, at the time of initial occupancy, 
25.12 	does not exceed 30 percent of the median family income for the metropolitan area as defined 
25.13 	in section 473.121, subdivision 2. For purposes of this section, a household with a housing 
25.14 	assistance voucher under Section 8 of the United States Housing Act of 1937, as amended, 
25.15 	is deemed to meet the income requirements of this section.
25.16 	The median family income may be adjusted for families of five or more.
25.17 	(c) Rental assistance under this section must be provided by governmental units which 
25.18 	administer housing assistance supplements or by for-profit or nonprofit organizations 
25.19 	experienced in housing management. Rental assistance shall be limited to households whose 
25.20 	income at the time of initial receipt of rental assistance does not exceed 60 percent of median 
25.21 	income, as determined by the United States Department of Housing and Urban Development 
25.22 	for the metropolitan area. Priority among comparable applications for tenant-based rental 
25.23 	assistance will be given to proposals that will serve households whose income at the time 
25.24 	of initial application for rental assistance does not exceed 30 percent of median income, as 
25.25 	determined by the United States Department of Housing and Urban Development for the 
25.26 	metropolitan area. Rental assistance must be terminated when it is determined that 30 percent 
25.27 	of a household's monthly income for four consecutive months equals or exceeds the market 
25.28 	rent for the unit in which the household resides plus utilities for which the tenant is 
25.29 	responsible. Rental assistance may only be used for rental housing units that meet the housing 
25.30 	maintenance code of the local unit of government in which the unit is located, if such a code 
25.31 	has been adopted, or the housing quality standards adopted by the United States Department 
25.32 	of Housing and Urban Development, if no local housing maintenance code has been adopted.
25.33 	(d) In making the loans or grants, the agency shall determine the terms and conditions 
25.34 	of repayment and the appropriate security, if any, should repayment be required. To promote 
26.1 	the geographic distribution of grants and loans, the agency may designate a portion of the 
26.2 	grant or loan awards to be set aside for projects located in specified congressional districts 
26.3 	or other geographical regions specified by the agency. The agency may adopt rules for 
26.4 	awarding grants and loans under this subdivision.

26.5 	Sec. 12. Minnesota Statutes 2022, section 462A.204, subdivision 8, is amended to read:
26.6 		Subd. 8.School Childhood housing stability. (a) The agency in consultation with the 
26.7 	Interagency Council on Homelessness may establish a school childhood housing stability 
26.8 	project under the family homeless prevention and assistance program. The purpose of the 
26.9 	project is to secure stable housing for families with school-ageminor children or with 
26.10 	children eligible for enrollment in a prekindergarten through grade 12 academic program 
26.11 	who have moved frequently and for unaccompanied youth. For purposes of this subdivision, 
26.12 	"unaccompanied youth" are minors who are leaving foster care or juvenile correctional 
26.13 	facilities, or minors who meet the definition of a child in need of services or protection 
26.14 	under section 260C.007, subdivision 6, but for whom no court finding has been made 
26.15 	pursuant to that statute.
26.16 	(b) The agency shall make grants to family homeless prevention and assistance projects 
26.17 	in communities with: (1) a school or schools that have a significant degree of student 
26.18 	mobility; (2) a significant degree of homelessness among families with minor children; or 
26.19 	(3) children eligible for enrollment in a prekindergarten through grade 12 academic program.
26.20 	(c) Each project must be designed to reduce school absenteeism; stabilize children in 
26.21 	one home setting or, at a minimum, in one school setting; and reduce shelter usage. Each 
26.22 	project must include plans for the following:
26.23 	(1) targeting of families with minor children or with children who are eligible for
26.24 	enrollment in a prekindergarten through grade 12 academic program and who are living in 
26.25 	overcrowded conditions in their current housing; are paying more than 50 percent of their 
26.26 	income for rent; or who lack a fixed, regular, and adequate nighttime residence;
26.27 	(2) targeting of unaccompanied youth in need of an alternative residential setting;
26.28 	(3) connecting families with the social services necessary to maintain the families' 
26.29 	stability in their home, including but not limited to housing navigation, legal representation, 
26.30 	and family outreach; and
26.31 	(4) one or more of the following:
26.32 	(i) provision of rental assistance for a specified period of time, which may exceed 24 
26.33 	months; or
27.1 	(ii) provision of support and case management services to improve housing stability, 
27.2 	including but not limited to housing navigation and family outreach.
27.3 	(d) In selecting projects for funding under this subdivision, preference shall be given to 
27.4 	organizations granted funding under section 462A.201, subdivision 2, paragraph (a), clause 
27.5 	(4).
27.6 	(e) No grantee under this subdivision is required to have an advisory committee as 
27.7 	described in subdivision 6.

27.8 	Sec. 13. Minnesota Statutes 2022, section 462A.21, subdivision 3b, is amended to read:
27.9 		Subd. 3b.Capacity building grants. It may make capacity building grants to nonprofit 
27.10 	organizations, local government units, Indian tribes, and Indian tribal organizations to 
27.11 	expand their capacity to provide affordable housing and housing-related services. The grants 
27.12 	may be used to assess housing needs and to develop and implement strategies to meet those 
27.13 	needs, including but not limited to the creation or preservation of affordable housing, 
27.14 	prepurchase and postpurchase counseling and associated administrative costs, and the linking 
27.15 	of supportive services to the housing. The agency shall adopt rules, policies, and procedures
27.16 	specifying the eligible uses of grant money. Funding priority must may be given to those 
27.17 	applicants that include low-income persons in their membership, have provided 
27.18 	housing-related services to low-income people, and demonstrate a local commitment of 
27.19 	local resources, which may include in-kind contributions. Grants under this subdivision 
27.20 	may be made only with specific appropriations by the legislature.

27.21 	Sec. 14. Minnesota Statutes 2022, section 462A.22, subdivision 1, is amended to read:
27.22 		Subdivision 1.Debt ceiling. The aggregate principal amount of bonds and notes that 
27.23 	are general obligations of the agency and secured by its full faith and credit, as described 
27.24 	in section 462A.08, subdivision 3, and which are outstanding at any time, excluding the 
27.25 	principal amount of any bonds and notes refunded by the issuance of new bonds or notes, 
27.26 	shall not exceed the sum of $5,000,000,000.

27.27 	Sec. 15. Minnesota Statutes 2022, section 462A.36, is amended by adding a subdivision 
27.28 	to read:
27.29 		Subd. 2a.Refunding bonds. (a) The agency may issue nonprofit housing bonds in one 
27.30 	or more series to refund bonds authorized in subdivision 2. The amount of refunding nonprofit 
27.31 	housing bonds that may be issued from time to time will not be subject to the dollar limitation 
28.1 	contained in subdivision 2 nor will those bonds be included in computing the amount of 
28.2 	bonds that may be issued within that dollar limitation.
28.3 	(b) In the refunding of nonprofit housing bonds, each bond must be called for redemption 
28.4 	prior to its maturity in accordance with its terms no later than the earliest date on which it 
28.5 	may be redeemed. No refunding bonds may be issued unless as of the date of the refunding 
28.6 	bonds the present value of the dollar amount of the debt service on the refunding bonds, 
28.7 	computed to their stated maturity dates, is lower than the present value of the dollar amount 
28.8 	of debt service on all nonprofit housing bonds refunded computed to their stated maturity 
28.9 	dates. For purposes of this subdivision, "present value of the dollar amount of debt service" 
28.10 	means the dollar amount of debt service to be paid, discounted to the nominal date of the 
28.11 	refunding bonds at a rate equal to the yield on the refunding bonds.
28.12 	(c) If as a result of the issuance of refunding bonds the amount of debt service for an 
28.13 	annual period is less than the amount transferred by the commissioner of management and 
28.14 	budget to pay debt service for that annual period, the agency must deduct the excess amount 
28.15 	from the actual amount of debt service on those bonds certified for the next subsequent 
28.16 	annual period.

28.17 	Sec. 16. Minnesota Statutes 2022, section 462A.36, subdivision 4, is amended to read:
28.18 		Subd. 4.Appropriation; payment to agency or trustee. (a) The agency must certify 
28.19 	annually to the commissioner of management and budget the actual amount of annual debt 
28.20 	service on each series of bonds issued under subdivision 2.
28.21 	(b) Each July 15, beginning in 2009 and through 2031, if any nonprofit housing bonds 
28.22 	issued under subdivision 2, or nonprofit housing bonds issued to refund those bonds, remain 
28.23 	outstanding, the commissioner of management and budget must transfer to the nonprofit 
28.24 	housing bond account established under section 462A.21, subdivision 32, the amount 
28.25 	certified under paragraph (a), not to exceed $2,400,000 annually. The amounts necessary 
28.26 	to make the transfers are appropriated from the general fund to the commissioner of 
28.27 	management and budget.
28.28 	(c) The agency may pledge to the payment of the nonprofit housing bonds the payments 
28.29 	to be made by the state under this section.

28.30 	Sec. 17. Minnesota Statutes 2022, section 462A.37, subdivision 1, is amended to read:
28.31 		Subdivision 1.Definitions. (a) For purposes of this section, the following terms have 
28.32 	the meanings given.
29.1 	(b) "Abandoned property" has the meaning given in section 117.025, subdivision 5.
29.2 	(c) "Community land trust" means an entity that meets the requirements of section 
29.3 	462A.31, subdivisions 1 and 2.
29.4 	(d) "Debt service" means the amount payable in any fiscal year of principal, premium, 
29.5 	if any, and interest on housing infrastructure bonds and the fees, charges, and expenses 
29.6 	related to the bonds.
29.7 	(e) "Foreclosed property" means residential property where foreclosure proceedings 
29.8 	have been initiated or have been completed and title transferred or where title is transferred 
29.9 	in lieu of foreclosure.
29.10 	(f) "Housing infrastructure bonds" means bonds issued by the agency under this chapter 
29.11 	that:
29.12 	(1) are qualified 501(c)(3) bonds, within the meaning of section 145(a) of the Internal 
29.13 	Revenue Code;
29.14 	(2) finance qualified residential rental projects within the meaning of section 142(d) of 
29.15 	the Internal Revenue Code; or
29.16 	(3) finance the construction or rehabilitation of single-family houses that qualify for 
29.17 	mortgage financing within the meaning of section 143 of the Internal Revenue Code; or
29.18 	(4) (3) are tax-exempt bonds that are not private activity bonds, within the meaning of 
29.19 	section 141(a) of the Internal Revenue Code, for the purpose of financing or refinancing 
29.20 	affordable housing authorized under this chapter.
29.21 	(g) "Internal Revenue Code" means the Internal Revenue Code of 1986, as amended.
29.22 	(h) "Senior" means a person 55 years of age or older with an annual income not greater 
29.23 	than 50 percent of:.
29.24 	(1) the metropolitan area median income for persons in the metropolitan area; or
29.25 	(2) the statewide median income for persons outside the metropolitan area.
29.26 	(i) "Senior household" means a household with one or more senior members and with 
29.27 	an annual combined income not greater than 50 percent of:
29.28 	(1) the metropolitan area median income for persons in the metropolitan area; or
29.29 	(2) the statewide median income for persons outside the metropolitan area.
29.30 	(i) (j) "Senior housing" means housing intended and operated for occupancy by at least 
29.31 	one senior per unit senior households with at least 80 percent of the units occupied by at 
30.1 	least one senior per unit senior households, and for which there is publication of, and 
30.2 	adherence to, policies and procedures that demonstrate an intent by the owner or manager 
30.3 	to provide housing for seniors. Senior housing may be developed in conjunction with and 
30.4 	as a distinct portion of mixed-income senior housing developments that use a variety of 
30.5 	public or private financing sources.
30.6 	(j) (k) "Supportive housing" means housing that is not time-limited and provides or 
30.7 	coordinates with linkages to services necessary for residents to maintain housing stability 
30.8 	and maximize opportunities for education and employment.

30.9 	Sec. 18. Minnesota Statutes 2022, section 462A.37, subdivision 2, is amended to read:
30.10 		Subd. 2.Authorization. (a) The agency may issue up to $30,000,000 in aggregate 
30.11 	principal amount of housing infrastructure bonds in one or more series to which the payment 
30.12 	made under this section may be pledged. The housing infrastructure bonds authorized in 
30.13 	this subdivision may be issued to fund loans, or grants for the purposes of clause clauses
30.14 	(4) and (7), on terms and conditions the agency deems appropriate, made for one or more 
30.15 	of the following purposes:
30.16 	(1) to finance the costs of the construction, acquisition, and rehabilitation of supportive 
30.17 	housing for individuals and families who are without a permanent residence;
30.18 	(2) to finance the costs of the acquisition and rehabilitation of foreclosed or abandoned 
30.19 	housing to be used for affordable rental housing and the costs of new construction of rental 
30.20 	housing on abandoned or foreclosed property where the existing structures will be demolished 
30.21 	or removed;
30.22 	(3) to finance that portion of the costs of acquisition of property that is attributable to 
30.23 	the land to be leased by community land trusts to low- and moderate-income home buyers;
30.24 	(4) to finance the acquisition, improvement, and infrastructure of manufactured home 
30.25 	parks under section 462A.2035, subdivision 1b;
30.26 	(5) to finance the costs of acquisition, rehabilitation, adaptive reuse, or new construction 
30.27 	of senior housing;
30.28 	(6) to finance the costs of acquisition and, rehabilitation, and replacement of federally 
30.29 	assisted rental housing and for the refinancing of costs of the construction, acquisition, and 
30.30 	rehabilitation of federally assisted rental housing, including providing funds to refund, in 
30.31 	whole or in part, outstanding bonds previously issued by the agency or another government 
30.32 	unit to finance or refinance such costs; and
31.1 	(7) to finance the costs of acquisition, rehabilitation, adaptive reuse, or new construction 
31.2 	of single-family housing.; and
31.3 	(8) to finance the costs of construction, acquisition, and rehabilitation of permanent 
31.4 	housing that is affordable to households with incomes at or below 50 percent of the area 
31.5 	median income for the applicable county or metropolitan area as published by the Department 
31.6 	of Housing and Urban Development, as adjusted for household size.
31.7 	(b) Among comparable proposals for permanent supportive housing, preference shall 
31.8 	be given to permanent supportive housing for veterans and other individuals or families 
31.9 	who:
31.10 	(1) either have been without a permanent residence for at least 12 months or at least four 
31.11 	times in the last three years; or
31.12 	(2) are at significant risk of lacking a permanent residence for 12 months or at least four 
31.13 	times in the last three years.
31.14 	(c) Among comparable proposals for senior housing, the agency must give priority to 
31.15 	requests for projects that:
31.16 	(1) demonstrate a commitment to maintaining the housing financed as affordable to 
31.17 	seniors senior households;
31.18 	(2) leverage other sources of funding to finance the project, including the use of 
31.19 	low-income housing tax credits;
31.20 	(3) provide access to services to residents and demonstrate the ability to increase physical 
31.21 	supports and support services as residents age and experience increasing levels of disability;
31.22 	and
31.23 	(4) provide a service plan containing the elements of clause (3) reviewed by the housing 
31.24 	authority, economic development authority, public housing authority, or community 
31.25 	development agency that has an area of operation for the jurisdiction in which the project 
31.26 	is located; and
31.27 	(5) include households with incomes that do not exceed 30 percent of the median 
31.28 	household income for the metropolitan area.
31.29 	(d) To the extent practicable, the agency shall balance the loans made between projects 
31.30 	in the metropolitan area and projects outside the metropolitan area. Of the loans made to 
31.31 	projects outside the metropolitan area, the agency shall, to the extent practicable, balance 
31.32 	the loans made between projects in counties or cities with a population of 20,000 or less, 
32.1 	as established by the most recent decennial census, and projects in counties or cities with 
32.2 	populations in excess of 20,000.
32.3 	(e) Among comparable proposals for permanent housing, the agency must give preference 
32.4 	to projects that will provide housing that is affordable to households at or below 30 percent 
32.5 	of the area median income.
32.6 	(f) If a loan recipient uses the loan for any of the purposes in paragraph (a) on a building 
32.7 	containing more than four units, the loan recipient must construct, convert, or otherwise 
32.8 	adapt the building to include:
32.9 	(1) the greater of: (i) at least one unit; or (ii) at least five percent of units that are 
32.10 	accessible units, as defined by section 1002 of the current State Building Code Accessibility 
32.11 	Provisions for Dwelling Units in Minnesota, and include at least one roll-in shower; and
32.12 	(2) the greater of: (i) at least one unit; or (ii) at least five percent of units that are 
32.13 	sensory-accessible units that include:
32.14 	(A) soundproofing between shared walls for first and second floor units;
32.15 	(B) no florescent lighting in units and common areas;
32.16 	(C) low-fume paint;
32.17 	(D) low-chemical carpet; and
32.18 	(E) low-chemical carpet glue in units and common areas.
32.19 	Nothing in this paragraph will relieve a project funded by the agency from meeting other 
32.20 	applicable accessibility requirements.

32.21 	EFFECTIVE DATE. This section is effective the day following final enactment.

32.22 	Sec. 19. Minnesota Statutes 2022, section 462A.37, is amended by adding a subdivision 
32.23 	to read:
32.24 		Subd. 2i.Additional authorization. In addition to the amounts authorized in subdivisions 
32.25 	2 to 2h, the agency may issue up to $250,000,000 in housing infrastructure bonds in one or 
32.26 	more series to which the payments under this section may be pledged.

32.27 	EFFECTIVE DATE. This section is effective the day following final enactment.

33.1 	Sec. 20. Minnesota Statutes 2022, section 462A.37, is amended by adding a subdivision 
33.2 	to read:
33.3 		Subd. 2j.Refunding bonds. (a) The agency may issue housing infrastructure bonds in 
33.4 	one or more series to refund bonds authorized in this section. The amount of refunding 
33.5 	housing infrastructure bonds that may be issued from time to time will not be subject to the 
33.6 	dollar limitation contained in any of the authorizations in this section nor will those bonds 
33.7 	be included in computing the amount of bonds that may be issued within those dollar 
33.8 	limitations.
33.9 	(b) In the refunding of housing infrastructure bonds, each bond must be called for 
33.10 	redemption prior to its maturity in accordance with its terms no later than the earliest date 
33.11 	on which it may be redeemed. No refunding bonds may be issued unless as of the date of 
33.12 	the refunding bonds the present value of the dollar amount of the debt service on the 
33.13 	refunding bonds, computed to their stated maturity dates, is lower than the present value of 
33.14 	the dollar amount of debt service on all housing infrastructure bonds refunded computed to 
33.15 	their stated maturity dates. For purposes of this subdivision, "present value of the dollar 
33.16 	amount of debt service" means the dollar amount of debt service to be paid, discounted to 
33.17 	the nominal date of the refunding bonds at a rate equal to the yield on the refunding bonds.
33.18 	(c) If as a result of the issuance of refunding bonds the amount of debt service for an 
33.19 	annual period is less than the amount transferred by the commissioner of management and 
33.20 	budget to pay debt service for that annual period, the agency must deduct the excess amount 
33.21 	from the actual amount of debt service on those bonds certified for the next subsequent 
33.22 	annual period.

33.23 	Sec. 21. Minnesota Statutes 2022, section 462A.37, subdivision 4, is amended to read:
33.24 		Subd. 4.Appropriation; payment to agency or trustee. (a) The agency must certify 
33.25 	annually to the commissioner of management and budget the actual amount of annual debt 
33.26 	service on each series of bonds issued under subdivision 2.
33.27 	(b) Each July 15, beginning in 2013 and through 2035, if any housing infrastructure 
33.28 	bonds issued under subdivision 2, or housing infrastructure bonds issued to refund those 
33.29 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
33.30 	the affordable housing infrastructure bond account established under section 462A.21, 
33.31 	subdivision 33, the amount certified under paragraph (a), not to exceed $2,200,000 annually. 
33.32 	The amounts necessary to make the transfers are appropriated from the general fund to the 
33.33 	commissioner of management and budget.
34.1 	(c) The agency may pledge to the payment of the housing infrastructure bonds the 
34.2 	payments to be made by the state under this section.

34.3 	Sec. 22. Minnesota Statutes 2022, section 462A.37, subdivision 5, is amended to read:
34.4 		Subd. 5.Additional appropriation. (a) The agency must certify annually to the 
34.5 	commissioner of management and budget the actual amount of annual debt service on each 
34.6 	series of bonds issued under this section.
34.7 	(b) Each July 15, beginning in 2015 and through 2037, if any housing infrastructure 
34.8 	bonds issued under subdivision 2a, or housing infrastructure bonds issued to refund those 
34.9 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
34.10 	the housing infrastructure bond account established under section 462A.21, subdivision 33, 
34.11 	the amount certified under paragraph (a), not to exceed $6,400,000 annually. The amounts 
34.12 	necessary to make the transfers are appropriated from the general fund to the commissioner 
34.13 	of management and budget.
34.14 	(c) Each July 15, beginning in 2017 and through 2038, if any housing infrastructure 
34.15 	bonds issued under subdivision 2b, or housing infrastructure bonds issued to refund those 
34.16 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
34.17 	the housing infrastructure bond account established under section 462A.21, subdivision 33, 
34.18 	the amount certified under paragraph (a), not to exceed $800,000 annually. The amounts 
34.19 	necessary to make the transfers are appropriated from the general fund to the commissioner 
34.20 	of management and budget.
34.21 	(d) Each July 15, beginning in 2019 and through 2040, if any housing infrastructure 
34.22 	bonds issued under subdivision 2c, or housing infrastructure bonds issued to refund those 
34.23 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
34.24 	the housing infrastructure bond account established under section 462A.21, subdivision 33, 
34.25 	the amount certified under paragraph (a), not to exceed $2,800,000 annually. The amounts 
34.26 	necessary to make the transfers are appropriated from the general fund to the commissioner 
34.27 	of management and budget.
34.28 	(e) Each July 15, beginning in 2020 and through 2041, if any housing infrastructure 
34.29 	bonds issued under subdivision 2d, or housing infrastructure bonds issued to refund those 
34.30 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
34.31 	the housing infrastructure bond account established under section 462A.21, subdivision 33, 
34.32 	the amount certified under paragraph (a). The amounts necessary to make the transfers are 
34.33 	appropriated from the general fund to the commissioner of management and budget.
35.1 	(f) Each July 15, beginning in 2020 and through 2041, if any housing infrastructure 
35.2 	bonds issued under subdivision 2e, or housing infrastructure bonds issued to refund those 
35.3 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
35.4 	the housing infrastructure bond account established under section 462A.21, subdivision 33, 
35.5 	the amount certified under paragraph (a). The amounts necessary to make the transfers are 
35.6 	appropriated from the general fund to the commissioner of management and budget.
35.7 	(g) Each July 15, beginning in 2022 and through 2043, if any housing infrastructure 
35.8 	bonds issued under subdivision 2f, or housing infrastructure bonds issued to refund those 
35.9 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
35.10 	the housing infrastructure bond account established under section 462A.21, subdivision 33, 
35.11 	the amount certified under paragraph (a). The amounts necessary to make the transfers are 
35.12 	appropriated from the general fund to the commissioner of management and budget.
35.13 	(h) Each July 15, beginning in 2022 and through 2043, if any housing infrastructure 
35.14 	bonds issued under subdivision 2g, or housing infrastructure bonds issued to refund those 
35.15 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
35.16 	the housing infrastructure bond account established under section 462A.21, subdivision 33, 
35.17 	the amount certified under paragraph (a). The amounts necessary to make the transfers are 
35.18 	appropriated from the general fund to the commissioner of management and budget.
35.19 	(i) Each July 15, beginning in 2023 and through 2044, if any housing infrastructure 
35.20 	bonds issued under subdivision 2h, or housing infrastructure bonds issued to refund those 
35.21 	bonds, remain outstanding, the commissioner of management and budget must transfer to 
35.22 	the housing infrastructure bond account established under section 462A.21, subdivision 33, 
35.23 	the amount certified under paragraph (a). The amounts necessary to make the transfers are 
35.24 	appropriated from the general fund to the commissioner of management and budget.
35.25 	(j) Each July 15, beginning in 2024 and through 2045, if any housing infrastructure 
35.26 	bonds issued under subdivision 2i remain outstanding, the commissioner of management 
35.27 	and budget must transfer to the housing infrastructure bond account established under section 
35.28 	462A.21, subdivision 33, the amount certified under paragraph (a). The amounts necessary 
35.29 	to make the transfers are appropriated from the general fund to the commissioner of 
35.30 	management and budget.
35.31 	(k) The agency may pledge to the payment of the housing infrastructure bonds the 
35.32 	payments to be made by the state under this section.

36.1 	Sec. 23. Minnesota Statutes 2022, section 462A.38, subdivision 1, is amended to read:
36.2 		Subdivision 1.Establishment. A workforce and affordable homeownership development 
36.3 	program is established to award homeownership development grants to cities, counties, 
36.4 	Tribal governments, nonprofit organizations, cooperatives created under chapter 308A or 
36.5 	308B, and community land trusts created for the purposes outlined in section 462A.31, 
36.6 	subdivision 1, for development of workforce and affordable homeownership projects. The 
36.7 	purpose of the program is to increase the supply of workforce and affordable, owner-occupied 
36.8 	multifamily or single-family housing throughout Minnesota.

36.9 	Sec. 24. Minnesota Statutes 2022, section 462A.39, subdivision 2, is amended to read:
36.10 		Subd. 2.Definitions. (a) For purposes of this section, the following terms have the 
36.11 	meanings given.
36.12 	(b) "Eligible project area" means a home rule charter or statutory city located outside 
36.13 	of the a metropolitan area county as defined in section 473.121, subdivision 2 4, with a 
36.14 	population exceeding 500; a community that has a combined population of 1,500 residents 
36.15 	located within 15 miles of a home rule charter or statutory city located outside the a
36.16 	metropolitan area county as defined in section 473.121, subdivision 2 4; federally recognized 
36.17 	Tribal reservations; or an area served by a joint county-city economic development authority.
36.18 	(c) "Joint county-city economic development authority" means an economic development 
36.19 	authority formed under Laws 1988, chapter 516, section 1, as a joint partnership between 
36.20 	a city and county and excluding those established by the county only.
36.21 	(d) "Market rate residential rental properties" means properties that are rented at market 
36.22 	value, including new modular homes, new manufactured homes, and new manufactured 
36.23 	homes on leased land or in a manufactured home park, and may include rental developments 
36.24 	that have a portion of income-restricted units.
36.25 	(e) "Qualified expenditure" means expenditures for market rate residential rental 
36.26 	properties including acquisition of property; construction of improvements; and provisions 
36.27 	of loans or subsidies, grants, interest rate subsidies, public infrastructure, and related financing 
36.28 	costs.

36.29 	Sec. 25. Minnesota Statutes 2022, section 462A.39, subdivision 5, is amended to read:
36.30 		Subd. 5.Allocation. The amount of a grant or deferred loans may not exceed 25 50
36.31 	percent of the rental housing development project cost. The commissioner shall not award 
36.32 	a grant or deferred loans to a city an eligible project area without certification by the city
37.1 	eligible project area that the amount of the grant or deferred loans shall be matched by a 
37.2 	local unit of government, business, or nonprofit organization, or federally recognized Tribe,
37.3 	with $1 for every $2 provided in grant or deferred loans funds.

37.4 	Sec. 26. [462A.41] HOUSING COST REDUCTION INCENTIVE PROGRAM.
37.5 		Subdivision 1.Grant program established. The agency must establish and administer 
37.6 	the housing cost reduction incentive program for the purpose of reimbursing cities for fee 
37.7 	waivers or reductions provided to qualified multifamily housing developments and 
37.8 	single-family, owner-occupied housing developments through local fee waiver and 
37.9 	inclusionary housing programs.
37.10 		Subd. 2.Definitions. (a) For the purposes of this section, the following terms have the 
37.11 	meanings given.
37.12 	(b) "Applicant" means any statutory or home rule charter city or county.
37.13 	(c) "Inclusionary housing program" means a program that requires at least 25 percent 
37.14 	of new construction to be affordable to households with incomes at or below 80 percent of 
37.15 	the area median income for multifamily housing developments or 115 percent of the area 
37.16 	median income for single-family, owner-occupied housing developments.
37.17 	(d) "Local fee waiver program" means a program established by a statutory or home 
37.18 	rule charter city that waives or reduces fees for developers of qualified multifamily housing 
37.19 	developments and single-family, owner-occupied housing developments.
37.20 	(e) "Multifamily housing development" has the meaning given in section 462C.02, 
37.21 	subdivision 5, except that only new construction qualifies.
37.22 	(f) "Program" means the housing cost reduction incentive program established in this 
37.23 	section.
37.24 	(g) "Single-family housing" has the meaning given in section 462C.02, subdivision 4, 
37.25 	except that only manufactured or modular homes and new construction qualify.
37.26 		Subd. 3.Application. (a) The agency must develop forms and procedures for soliciting 
37.27 	and reviewing applications for grants under this section. An application of a city must 
37.28 	include, at a minimum, information about the local fee waiver and inclusionary housing 
37.29 	programs under which the city issued fee waivers or reductions.
37.30 	(b) The agency must evaluate complete applications for funding for reimbursement for 
37.31 	eligible fee waivers or reductions to determine whether the fee waiver or reduction is 
38.1 	necessary to increase the number of multifamily housing developments and single-family, 
38.2 	owner-occupied housing developments within the applicant's boundaries.
38.3 	(c) The determination of whether to award a grant for reimbursement of fee waivers or 
38.4 	reductions is within the discretion of the agency, subject to this section. The agency's decision 
38.5 	and application of the criteria are not subject to judicial review, except for abuse of discretion.
38.6 		Subd. 4.Grant amount. The commissioner may award grants to applicants in an amount 
38.7 	up to 50 percent of the amount of the development impact fee waived or reduced by a city 
38.8 	for a qualified rental housing development. A city may receive no more than $250,000 per 
38.9 	multifamily housing development or single-family housing project.

38.10 	Sec. 27. [462A.42] SUPPORTIVE HOUSING PROGRAM.
38.11 		Subdivision 1.Establishment. The agency shall establish a supportive housing program 
38.12 	to provide funding to support the operations of supportive housing for individuals and 
38.13 	families who are at risk of homelessness or have experienced homelessness.
38.14 		Subd. 2.Definition. For the purposes of this section, "supportive housing" means housing 
38.15 	that is not time-limited and provides or coordinates with services necessary for residents to 
38.16 	maintain housing stability and maximize opportunities for education and employment.
38.17 		Subd. 3.Eligible recipients. Funding may be made to a local unit of government, a 
38.18 	federally recognized American Indian Tribe or its Tribally Designated Housing Entity 
38.19 	located in Minnesota, a private developer, or a nonprofit organization.
38.20 		Subd. 4.Eligible uses. (a) Funds shall be used to cover costs needed for supportive 
38.21 	housing to operate effectively. Costs may include but are not limited to building operating 
38.22 	expenses such as front desk, tenant service coordination, revenue shortfall, and security 
38.23 	costs. These funds may be capitalized as part of development costs. Funds may be provided 
38.24 	to support existing permanent supportive housing units or to cover costs associated with 
38.25 	new permanent supportive housing units.
38.26 	(b) Funds may be used to create partnerships with the health care sector and other sectors 
38.27 	to demonstrate sustainable ways to provide services for supportive housing residents, improve 
38.28 	access to health care, and reduce the use of expensive emergency and institutional care. 
38.29 	This may be done in partnership with other state agencies, including the Department of 
38.30 	Health and the Department of Human Services.
38.31 		Subd. 5.Application. The commissioner shall develop forms and procedures for soliciting 
38.32 	and reviewing applications for funding under this section. The commissioner shall consult 
38.33 	with interested stakeholders when developing the guidelines and procedures for the program.

39.1 	Sec. 28. [462A.43] COMMUNITY STABILIZATION PROGRAM.
39.2 		Subdivision 1.Establishment. The agency shall establish a community stabilization 
39.3 	program to provide grants or loans to preserve naturally occurring affordable housing through 
39.4 	acquisition, acquisition and rehabilitation, or rehabilitation.
39.5 		Subd. 2.Definitions. For the purposes of this section, "naturally occurring affordable 
39.6 	housing" means:
39.7 	(1) multiunit rental housing that:
39.8 	(i) is at least 20 years old; and
39.9 	(ii) has rents in a majority of units that are affordable to households at or below 60 
39.10 	percent of the greater of state or area median income as determined by the United States 
39.11 	Department of Housing and Urban Development; or
39.12 	(2) owner-occupied housing located in communities where market pressures or significant 
39.13 	deferred rehabilitation needs, as defined by the agency, are creating opportunities for 
39.14 	displacement or the loss of owner-occupied housing affordable to households at or below 
39.15 	115 percent of the greater of state or area median income as determined by the United States 
39.16 	Department of Housing and Urban Development.
39.17 		Subd. 3.Eligible recipients. (a) Grants or loans may be made to a local unit of 
39.18 	government; federally recognized American Indian Tribe located in Minnesota or its Tribally 
39.19 	Designated Housing Entity; private developer; limited equity cooperative; cooperative 
39.20 	created under chapter 308A or 308B; community land trust created for the purposes outlined 
39.21 	in section 462A.31, subdivision 1; or nonprofit organization.
39.22 	(b) The agency may make a grant to a statewide intermediary to facilitate the acquisition 
39.23 	and associated rehabilitation of existing multiunit rental housing and may use an intermediary 
39.24 	or intermediaries for the acquisition and associated rehabilitation of owner-occupied housing.
39.25 		Subd. 4.Eligible uses. The program shall provide grants or loans for the purpose of 
39.26 	acquisition, rehabilitation, interest rate reduction, or gap financing of housing to support 
39.27 	the preservation of naturally occurring affordable housing. Priority in funding shall be given 
39.28 	to proposals that serve lower incomes and maintain longer periods of affordability.
39.29 		Subd. 5.Owner-occupied housing income limits. Households served through grants 
39.30 	or loans related to owner-occupied housing must have, at initial occupancy, income that is 
39.31 	at or below 115 percent of the greater of state or area median income as determined by the 
39.32 	United States Department of Housing and Urban Development.
40.1 		Subd. 6.Multifamily housing rent limits. Multifamily housing financed through grants 
40.2 	or loans under this section must remain affordable to low-income or moderate-income 
40.3 	households as defined by the agency.
40.4 		Subd. 7.Application. (a) The agency shall develop forms and procedures for soliciting 
40.5 	and reviewing applications for loans or grants under this section. The agency shall consult 
40.6 	with interested stakeholders when developing the guidelines and procedures for the program.
40.7 	(b) Notwithstanding any other applicable law, the agency may accept applications on a 
40.8 	noncompetitive, rolling basis in order to provide funds for eligible properties as they become 
40.9 	available.
40.10 		Subd. 8.Voucher requirement for multifamily properties. Rental properties that 
40.11 	receive funds must accept rental subsidies, including but not limited to vouchers under 
40.12 	Section 8 of the United States Housing Act of 1937, as amended.

40.13 	Sec. 29. Laws 2021, First Special Session chapter 8, article 1, section 3, subdivision 11, 
40.14 	is amended to read:

40.15	Subd. 11.Affordable Rental Investment Fund
 		4,218,000
		4,218,000
	
40.16 	(a) This appropriation is for the affordable 
40.17 	rental investment fund program under 
40.18 	Minnesota Statutes, section 462A.21, 
40.19 	subdivision 8b, to finance the acquisition, 
40.20 	rehabilitation, replacement, and debt 
40.21 	restructuring of federally assisted rental 
40.22 	property and for making equity take-out loans 
40.23 	under Minnesota Statutes, section 462A.05, 
40.24 	subdivision 39.
40.25 	(b) The owner of federally assisted rental 
40.26 	property must agree to participate in the 
40.27 	applicable federally assisted housing program 
40.28 	and to extend any existing low-income 
40.29 	affordability restrictions on the housing for 
40.30 	the maximum term permitted.
40.31 	(c) The appropriation also may be used to 
40.32 	finance the acquisition, rehabilitation, and debt 
40.33 	restructuring of existing supportive housing 
41.1 	properties and naturally occurring affordable 
41.2 	housing as determined by the commissioner. 
41.3 	For purposes of this paragraph, "supportive 
41.4 	housing" means affordable rental housing with 
41.5 	links to services necessary for individuals, 
41.6 	youth, and families with children to maintain 
41.7 	housing stability.

41.8 	EFFECTIVE DATE. This section is effective retroactively from July 1, 2021.

41.9 	Sec. 30. FIRST-GENERATION HOMEBUYERS DOWN PAYMENT ASSISTANCE 
41.10 	FUND.
 41.11 		Subdivision 1.Establishment. A first-generation homebuyers down payment assistance 
41.12 	fund is established as a pilot project under the administration of the Midwest Minnesota 
41.13 	Community Development Corporation, a community development financial institution 
41.14 	(CDFI) as defined under the Riegle Community Development and Regulatory Improvement 
41.15 	Act of 1994, to provide targeted assistance to eligible first-generation homebuyers.
41.16 		Subd. 2.Eligible homebuyer. For purposes of this section, "eligible homebuyer" means 
41.17 	a borrower:
41.18 	(1) whose income is at or below 100 percent of the area median income at the time of 
41.19 	purchase;
41.20 	(2) who either never owned a home or who owned a home but lost it due to foreclosure;
41.21 	(3) who is preapproved for a first mortgage loan; and
41.22 	(4) whose parent or prior legal guardian either never owned a home or owned a home 
41.23 	but lost it due to foreclosure.
41.24 	For joint borrowers, the combined income of all borrowers must be at or below 100 percent 
41.25 	of the area median income at the time of purchase. One borrower must be an eligible 
41.26 	homebuyer. An eligible homebuyer must complete an approved homebuyer education course 
41.27 	prior to signing a purchase agreement and, following the purchase of the home, must occupy 
41.28 	it as their primary residence.
41.29 		Subd. 3.Use of funds. Assistance under this section is limited to ten percent of the 
41.30 	purchase price of a one or two unit home, not to exceed $32,000. Funds are reserved at the 
41.31 	issuance of preapproval. Reservation of funds is not contingent on having an executed 
41.32 	purchase agreement. The assistance must be provided in the form of a loan that is forgivable 
42.1 	at a rate of 20 percent per year on the day after the anniversary date of the note. The prorated 
42.2 	balance due is repayable if the property converts to nonowner occupancy, is sold, is subjected 
42.3 	to an ineligible refinance, is subjected to an unauthorized transfer of title, or is subjected to 
42.4 	a completed foreclosure action within the five-year loan term. Recapture can be waived in 
42.5 	the event of financial or personal hardship. Funds may be used for closing costs, down 
42.6 	payment, or principal reduction. The eligible homebuyer may select any first mortgage 
42.7 	lender or broker. The funds must be used in conjunction with a conforming first mortgage 
42.8 	loan that is fully amortizing and meets the standards of a qualified mortgage or meets the 
42.9 	minimum standards for exemption under Code of Federal Regulations, title 12, section 
42.10 	1026.43. Funds may be used in conjunction with other programs the eligible homebuyer 
42.11 	may qualify for and the loan placed in any priority position.
42.12 		Subd. 4.Administration. The first-generation homebuyers down payment assistance 
42.13 	fund is available statewide and shall be administered by Midwest Minnesota Community 
42.14 	Development Corporation, the designated central CDFI. Midwest Minnesota Community 
42.15 	Development Corporation may originate and service funds and authorize other CDFIs, 
42.16 	Tribal entities, and nonprofit organizations administering down payment assistance to 
42.17 	reserve, originate, fund, and service funds for eligible homebuyers. Administrative costs 
42.18 	must not exceed $3,200 per loan. Any funds recaptured prior to June 30, 2026, are deposited 
42.19 	in the fund established in subdivision 1 and are to be redistributed to eligible homebuyers. 
42.20 	Any unused funds, or funds recaptured on or after June 30, 2026, shall be remitted to the 
42.21 	agency to be returned to the general fund.
42.22 		Subd. 5.Report to legislature. By January 15 each year, the fund administrator, Midwest 
42.23 	Minnesota Community Development Corporation, must report to the chairs and ranking 
42.24 	minority members of the legislative committees having jurisdiction over housing finance 
42.25 	and policy the following information:
42.26 	(1) the number and amount of loans closed;
42.27 	(2) the median loan amount;
42.28 	(3) the number and amount of loans issued by race or ethnic categories;
42.29 	(4) the median home purchase price;
42.30 	(5) the interest rates and types of mortgages;
42.31 	(6) the total amount returned to the fund; and
42.32 	(7) the number and amount of loans issued by county.

43.1 	Sec. 31. GREATER MINNESOTA HOUSING INFRASTRUCTURE GRANT 
43.2 	PROGRAM.
 43.3 		Subdivision 1.Grant program established. The commissioner of the Minnesota Housing 
43.4 	Finance Agency may make grants to cities to provide up to 50 percent of the capital costs 
43.5 	of public infrastructure necessary for an eligible workforce housing development project. 
43.6 	The commissioner may make a grant award only after determining that nonstate resources 
43.7 	are committed to complete the project. The nonstate contribution may be either cash or in 
43.8 	kind. In-kind contributions may include the value of the site, whether the site is prepared 
43.9 	before or after the law appropriating money for the grant is enacted.
43.10 		Subd. 2.Definitions. (a) For the purposes of this section, the following terms have the 
43.11 	meanings given.
43.12 	(b) "City" means a statutory or home rule charter city located outside the metropolitan 
43.13 	area, as defined in Minnesota Statutes, section 473.121, subdivision 2.
43.14 	(c) "Housing infrastructure" means publicly owned physical infrastructure necessary to 
43.15 	support housing development projects, including but not limited to sewers, water supply 
43.16 	systems, utility extensions, streets, wastewater treatment systems, stormwater management 
43.17 	systems, and facilities for pretreatment of wastewater to remove phosphorus.
43.18 		Subd. 3.Eligible projects. Housing projects eligible for a grant under this section may 
43.19 	be a single-family or multifamily housing development, and either owner-occupied or rental.
43.20 		Subd. 4.Application. (a) The commissioner must develop forms and procedures for 
43.21 	soliciting and reviewing applications for grants under this section. At a minimum, a city 
43.22 	must include in its application a resolution of the city council certifying that the required 
43.23 	nonstate match is available. The commissioner must evaluate complete applications for 
43.24 	funding for eligible projects to determine that:
43.25 	(1) the project is necessary to increase sites available for housing development that will 
43.26 	provide adequate housing stock for the current or future workforce; and
43.27 	(2) the increase in workforce housing will result in substantial public and private capital 
43.28 	investment in the city in which the project would be located.
43.29 	(b) The determination of whether to make a grant for a site is within the discretion of 
43.30 	the commissioner, subject to this section. The commissioner's decisions and application of 
43.31 	the criteria are not subject to judicial review, except for abuse of discretion.
43.32 		Subd. 5.Maximum grant amount. A city may receive no more than $30,000 per lot 
43.33 	for single-family, duplex, triplex, or fourplex housing developed and no more than $60,000 
44.1 	per lot for multifamily housing with more than four units per building. A city may receive 
44.2 	no more than $500,000 in two years for one or more housing developments.
44.3 		Subd. 6.Cancellation of grant; return of grant money. If, after five years, the 
44.4 	commissioner determines that a project has not proceeded in a timely manner and is unlikely 
44.5 	to be completed, the commissioner must cancel the grant and require the grantee to return 
44.6 	all grant money awarded for that project.

44.7 	Sec. 32. HIGH-RISE SPRINKLER SYSTEM GRANT PROGRAM.
 44.8 		Subdivision 1.Definitions. (a) The definitions in this subdivision apply to this section.
44.9 	(b) "Eligible building" means an existing residential building in which:
44.10 	(1) at least one story used for human occupancy is 75 feet or more above the lowest 
44.11 	level of fire department vehicle access; and
44.12 	(2) at least two-thirds of its units are rented to an individual or family with an annual 
44.13 	income of up to 50 percent of the area median income as determined by the United States 
44.14 	Department of Housing and Urban Development, adjusted for family size, that is paying 
44.15 	no more than 30 percent of annual income on rent.
44.16 	(c) "Sprinkler system" means the same as the term "fire protection system" as defined 
44.17 	in Minnesota Statutes, section 299M.01.
44.18 		Subd. 2.Grant program. The commissioner of the Housing Finance Agency must make 
44.19 	grants to owners of eligible buildings for installation of sprinkler systems. Priority shall be 
44.20 	given to nonprofit applicants. The maximum grant per eligible building shall be $2,000,000. 
44.21 	Each grant to a nonprofit organization shall require a 25 percent match. Each grant to a 
44.22 	for-profit organization shall require a 50 percent match.

44.23 	Sec. 33. REQUIRING CITIES TO REPORT BUILDINGS THAT DO NOT HAVE 
44.24 	SPRINKLER SYSTEMS.
 44.25 	(a) A city of the first or second class shall provide to the state fire marshal a list by June 
44.26 	20, 2024, and an updated list by June 30, 2027, and June 30, 2032, of each residential 
44.27 	building in the city that:
44.28 	(1) has at least one story used for human occupancy that is 75 feet or more above the 
44.29 	lowest level of fire department vehicle access;
44.30 	(2) was not subject to a requirement to include a sprinkler system at the time the building 
44.31 	was constructed; and
45.1 	(3) has not been retrofitted with a sprinkler system.
45.2 	(b) The state fire marshal shall submit the lists within 60 days of the due dates under 
45.3 	paragraph (a) to the chairs and ranking minority members of the legislative committees with 
45.4 	jurisdiction over the State Building Code, State Fire Code, and Minnesota Housing Finance 
45.5 	Agency.

45.6 	Sec. 34. EXPEDITING RENTAL ASSISTANCE ADVISORY GROUP.
 45.7 	The commissioner shall convene stakeholders to evaluate methods of processing 
45.8 	applications for rental assistance and emergency rental assistance, methods of distributing 
45.9 	rental assistance funds, and ways to expedite these processes. The advisory group shall have 
45.10 	a range of stakeholder representation as determined by the commissioner. By January 31, 
45.11 	2024, the commissioner must report to the legislative committees with jurisdiction over 
45.12 	housing finance and policy with the findings of the advisory group, including 
45.13 	recommendations to improve rental assistance procedures.

45.14 	Sec. 35. HOMEOWNERSHIP INVESTMENT GRANTS PROGRAM.
 45.15 		Subdivision 1.Grant program established. The commissioner of the Minnesota Housing 
45.16 	Finance Agency must establish and administer a program to support projects that encourage 
45.17 	affordable homeownership in accordance with this section.
45.18 		Subd. 2.Eligible projects. The commissioner may award a grant under this section for 
45.19 	a project that invests in the following:
45.20 	(1) housing development to increase the supply of affordable owner-occupied homes;
45.21 	(2) financing programs for affordable owner-occupied new home construction;
45.22 	(3) acquisition, rehabilitation, and resale of affordable owner-occupied homes or homes 
45.23 	to be converted to owner-occupied homes;
45.24 	(4) financing programs for affordable owner-occupied manufactured housing; or
45.25 	(5) services to increase access to stable, affordable, owner-occupied housing in 
45.26 	low-income communities, American Indian communities, and communities of color.
45.27 	The commissioner must ensure grant awards are distributed throughout the state based on 
45.28 	population.
45.29 		Subd. 3.Eligible organization. To be eligible for a grant under this section, a nonprofit 
45.30 	organization must:
46.1 	(1) qualify for tax exempt status under United States Code, title 26, section 501(c)(3);
46.2 	(2) have primary operations located in Minnesota;
46.3 	(3) be certified as a community development financial institution by the United States 
46.4 	Department of the Treasury; and
46.5 	(4) provide affordable housing lending or financing programs.
46.6 		Subd. 4.Application. An organization applying for a grant must include as part of their 
46.7 	application a plan to create new affordable home ownership and home preservation 
46.8 	opportunities for targeted areas.
46.9 		Subd. 5.Report. By January 15, 2024, the commissioner must submit a report to the 
46.10 	chairs and ranking minority members of the legislative committees with jurisdiction over 
46.11 	housing finance and policy detailing the use of funds under this section.

46.12 	Sec. 36. MANUFACTURED HOME LENDING GRANTS PROGRAM.
 46.13 		Subdivision 1.Program established. The commissioner of the Minnesota Housing 
46.14 	Finance Agency must award a grant to an organization for manufactured home lending 
46.15 	services under subdivision 2.
46.16 		Subd. 2.Eligible services. The commissioner may award a grant under this section to 
46.17 	an organization providing lending funds for the following services:
46.18 	(1) new manufactured home financing programs;
46.19 	(2) manufactured home down payment assistance; or
46.20 	(3) manufactured home repair, renovation, removal, and site preparation financing 
46.21 	programs.
46.22 		Subd. 3.Eligible organization. To be eligible for a grant under this section, a nonprofit 
46.23 	organization must:
46.24 	(1) qualify for tax exempt status under United States Code, title 26, section 501(c)(3);
46.25 	(2) have primary operations located in Minnesota;
46.26 	(3) be a qualified nonprofit lender or certified as a community development financial 
46.27 	institution by the United States Department of the Treasury;
46.28 	(4) provide affordable housing lending or financing programs; and
46.29 	(5) serve low-income populations in manufactured home communities owned by residents, 
46.30 	cooperatives, nonprofits, or municipalities.
47.1 		Subd. 4.Application. Within 90 days of final enactment, the commissioner shall develop 
47.2 	the forms, applications, and reporting requirements for use by eligible organizations. In 
47.3 	developing these materials, the commissioner shall consult with manufactured housing 
47.4 	cooperatives, resident-owned manufactured home communities, and nonprofit organizations 
47.5 	working with manufactured housing cooperatives and resident-owned communities.
47.6 		Subd. 5.Loan payments and interest. Interest earned and repayments of principal from 
47.7 	loans issued under this section must be used for the purposes of this section.

47.8 	Sec. 37. FINANCIAL REVIEW OF GRANT AND BUSINESS SUBSIDY 
47.9 	RECIPIENTS.
 47.10 		Subdivision 1.Definitions. (a) As used in this section, the following terms have the 
47.11 	meanings given.
47.12 	(b) "Grant" means a grant or business subsidy funded by an appropriation in this act.
47.13 	(c) "Grantee" means a business entity as defined in Minnesota Statutes, section 5.001.
47.14 		Subd. 2.Financial information required; determination of ability to perform. Before 
47.15 	an agency awards a competitive, legislatively named, single-source, or sole-source grant, 
47.16 	the agency must assess the risk that a grantee cannot or would not perform the required 
47.17 	duties. In making this assessment, the agency must review the following information:
47.18 	(1) the grantee's history of performing duties similar to those required by the grant, 
47.19 	whether the size of the grant requires the grantee to perform services at a significantly 
47.20 	increased scale, and whether the size of the grant will require significant changes to the 
47.21 	operation of the grantee's organization;
47.22 	(2) for a grantee that is a nonprofit organization, the grantee's Form 990 or Form 990-EZ 
47.23 	filed with the Internal Revenue Service in each of the prior three years. If the grantee has 
47.24 	not been in existence long enough or is not required to file Form 990 or Form 990-EZ, the 
47.25 	grantee must demonstrate to the grantor's satisfaction that the grantee is exempt and must 
47.26 	instead submit the grantee's most recent board-reviewed financial statements and 
47.27 	documentation of internal controls;
47.28 	(3) for a for-profit business, three years of federal and state tax returns, current financial 
47.29 	statements, certification that the business is not under bankruptcy proceedings, and disclosure 
47.30 	of any liens on its assets. If a business has not been in business long enough to have three 
47.31 	years of tax returns, the grantee must demonstrate to the grantor's satisfaction that the grantee 
47.32 	has appropriate internal financial controls;
48.1 	(4) evidence of registration and good standing with the secretary of state under Minnesota 
48.2 	Statutes, chapter 317A, or other applicable law;
48.3 	(5) if the grantee's total annual revenue exceeds $750,000, the grantee's most recent 
48.4 	financial audit performed by an independent third party in accordance with generally accepted 
48.5 	accounting principles; and
48.6 	(6) certification, provided by the grantee, that none of its principals have been convicted 
48.7 	of a financial crime.
48.8 		Subd. 3.Additional measures for some grantees. The agency may require additional 
48.9 	information and must provide enhanced oversight for grants that have not previously received 
48.10 	state or federal grants for similar amounts or similar duties and so have not yet demonstrated 
48.11 	the ability to perform the duties required under the grant on the scale required.
48.12 		Subd. 4.Assistance from administration. An agency without adequate resources or 
48.13 	experience to perform obligations under this section may contract with the commissioner 
48.14 	of administration to perform the agency's duties under this section.
48.15 		Subd. 5.Agency authority to not award grant. If an agency determines that there is 
48.16 	an appreciable risk that a grantee receiving a competitive, single-source, or sole-source 
48.17 	grant cannot or would not perform the required duties under the grant agreement, the agency 
48.18 	must notify the grantee and the commissioner of administration and give the grantee an 
48.19 	opportunity to respond to the agency's concerns. If the grantee does not satisfy the agency's 
48.20 	concerns within 45 days, the agency must not award the grant.
48.21 		Subd. 6.Legislatively named grantees. If an agency determines that there is an 
48.22 	appreciable risk that a grantee receiving a legislatively named grant cannot or would not 
48.23 	perform the required duties under the grant agreement, the agency must notify the grantee, 
48.24 	the commissioner of administration, and the chair and ranking minority members of the 
48.25 	Ways and Means Committee in the house of representatives, the chair and ranking minority 
48.26 	members of the Finance Committee in the senate, and the chairs and ranking minority 
48.27 	members of the committees in the house of representatives and the senate with primary 
48.28 	jurisdiction over the bill in which the money for the grant was appropriated. The agency 
48.29 	must give the grantee an opportunity to respond to the agency's concerns. If the grantee 
48.30 	does not satisfy the agency's concerns within 45 days, the agency must delay award of the 
48.31 	grant until adjournment of the next regular or special legislative session.
48.32 		Subd. 7.Subgrants. If a grantee will disburse the money received from the grant to 
48.33 	other organizations to perform duties required under the grant agreement, the agency must 
48.34 	be a party to agreements between the grantee and a subgrantee. Before entering agreements 
49.1 	for subgrants, the agency must perform the financial review required under this section with 
49.2 	respect to the subgrantees.
49.3 		Subd. 8.Effect. The requirements of this section are in addition to other requirements 
49.4 	imposed by law; the commissioner of administration under Minnesota Statutes, sections 
49.5 	16B.97 and 16B.98; or agency grant policy.

49.6 	Sec. 38. EMPLOYMENT REPORT.
 49.7 	By January 15, 2024, the agency must report to the chairs and ranking members of the 
49.8 	legislative committees having jurisdiction over housing finance and policy on the number 
49.9 	of new full-time equivalent employees required to administer the appropriations and programs 
49.10 	authorized under this act, as well as the total costs associated with those new employees.