1.1 	A bill for an act
1.2 	relating to housing; appropriating money for a grant to the Rondo Community 
1.3 	Land Trust.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. APPROPRIATION; RONDO COMMUNITY LAND TRUST.
 1.6 	$11,500,000 in fiscal year 2026 is appropriated from the general fund to the commissioner 
1.7 	of the Minnesota Housing Finance Agency for a grant to the Rondo Community Land Trust. 
1.8 	The grant recipient must use grant money for a home buyer initiative pilot program. Activities 
1.9 	funded with the appropriation must be affordable for households whose adjusted income is 
1.10 	115 percent of the area median income or below as determined by the United States 
1.11 	Department of Housing and Urban Development. This is a onetime appropriation.