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Office of the Revisor of Statutes

SF 4571

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/27/2026 09:16 a.m.

KEY: stricken = removed, old language.
underscored = added, new language.
Version List SF4571 Authors and Status
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A bill for an act
 relating to housing; modifying eligible projects for the greater Minnesota housing
infrastructure grant program; appropriating money for the greater Minnesota
housing infrastructure grant program; authorizing the sale and issuance of state
bonds; amending Minnesota Statutes 2024, section 462A.395, subdivision 3.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2024, section 462A.395, subdivision 3, is amended to read:


Subd. 3.

Eligible projects.

Housing projects eligible for a grant under this section deleted text begin may
bedeleted text end new text begin include:
new text end

new text begin (1)new text end a single-family ornew text begin anew text end multifamily housing development, deleted text begin anddeleted text end either owner-occupied
or rentaldeleted text begin .deleted text end new text begin ;
new text end

new text begin (2) housing projects funded under section 462A.39; and
 new text end

deleted text begin Housing projects eligible for a grant under this section may also bedeleted text end new text begin (3)new text end a manufactured
home development qualifying for homestead treatment under section 273.124, subdivision
3a.

Sec. 2. new text begin GENERAL OBLIGATION BONDS; GREATER MINNESOTA HOUSING
INFRASTRUCTURE GRANT PROGRAM.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $15,000,000 is appropriated from the bond proceeds
fund to the Minnesota Housing Finance Agency for grants under the greater Minnesota
housing infrastructure grant program under Minnesota Statutes, section 462A.395.
 new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $15,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end