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Capital IconMinnesota Legislature

Legislative Session number- 81

Bill Name: SF3252

Creating the nursing home facility conversion loan program to be administered by
the commissioner of the housing finance agency (HFA) and the nursing home
facility conversion revolving loan account in the housing development fund for
loans to nursing home facilities for capital and other costs, requiring advice
from the interagency long term care planning committee in making the loans;
specifying certain loan use restrictions; requiring the commissioner to
establish an application process; specifying facility eligibility and loan
priorities and terms; authoring grants by the commissioner to facilities to plan
for projects eligible for the loans, limit (ra)