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HF 1077

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/11/2021 02:52pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to state government; establishing a budget for the Minnesota Housing
Finance Agency; appropriating money.

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

Section 1. new text beginAPPROPRIATIONS.
new text end

new text begin The sums shown in the columns marked "Appropriations" are appropriated to the agency
for the purposes specified in this article. The appropriations are from the general fund, or
another named fund, and are available for the fiscal years indicated for each purpose. The
figures "2022" and "2023" used in this article mean that the appropriations listed under them
are available for the fiscal year ending June 30, 2022, or June 30, 2023, respectively. "The
first year" is fiscal year 2022. "The second year" is fiscal year 2023. "The biennium" is
fiscal years 2022 and 2023.
new text end

new text begin APPROPRIATIONS
new text end
new text begin Available for the Year
new text end
new text begin Ending June 30
new text end
new text begin 2022
new text end
new text begin 2023
new text end

Sec. 2. new text beginHOUSING FINANCE AGENCY
new text end

new text begin Subdivision 1. new text end

new text begin Total Appropriation
new text end

new text begin $
new text end
new text begin 64,798,000
new text end
new text begin $
new text end
new text begin 64,798,000
new text end

new text begin (a) The amounts that may be spent for each
purpose are specified in the following
subdivisions.
new text end

new text begin (b) Unless otherwise specified, this
appropriation is for transfer to the housing
development fund for the programs specified
in this section. Except as otherwise indicated,
this transfer is part of the agency's permanent
budget base.
new text end

new text begin Subd. 2. new text end

new text begin Challenge Program
new text end

new text begin 14,925,000
new text end
new text begin 14,925,000
new text end

new text begin (a) This appropriation is for the economic
development and housing challenge program
under Minnesota Statutes, section 462A.33
and 462A.07, subdivision 14.
new text end

new text begin (b) Of this amount, $1,208,000 each year shall
be made available during the first 11 months
of the fiscal year exclusively for housing
projects for American Indians. Any funds not
committed to housing projects for American
Indians in the first 11 months of the fiscal year
shall be available for any eligible activity
under Minnesota Statutes, sections 462A.33
and 462A.07, subdivision 14.
new text end

new text begin (c) The base for this program in fiscal year
2024 and beyond is $12,925,000.
new text end

new text begin Subd. 3. new text end

new text begin Workforce Housing Development
new text end

new text begin 3,000,000
new text end
new text begin 3,000,000
new text end

new text begin (a) This appropriation is for the Greater
Minnesota workforce housing development
program under Minnesota Statutes, section
462A.39. If requested by the applicant and
approved by the agency, funded properties
may include a portion of income and rent
restricted units. Funded properties may include
owner-occupied homes.
new text end

new text begin (b) The base for this program in fiscal year
2024 and beyond is $2,000,000.
new text end

new text begin Subd. 4. new text end

new text begin Manufactured Home Park
Infrastructure Grants
new text end

new text begin 1,500,000
new text end
new text begin 1,500,000
new text end

new text begin (a) This appropriation is for manufactured
home park infrastructure grants under
Minnesota Statutes, section 462A.2035,
subdivision 1b.
new text end

new text begin (b) The base for this program in fiscal year
2024 and beyond is $1,000,000.
new text end

new text begin Subd. 5. new text end

new text begin Workforce Homeownership Program
new text end

new text begin 1,000,000
new text end
new text begin 1,000,000
new text end

new text begin (a) This appropriation is for the workforce
homeownership program under Minnesota
Statutes, section 462A.38.
new text end

new text begin (b) The base for this program in fiscal year
2024 and beyond is $250,000.
new text end

new text begin Subd. 6. new text end

new text begin Housing Trust Fund
new text end

new text begin 11,646,000
new text end
new text begin 11,646,000
new text end

new text begin This appropriation is for deposit in the housing
trust fund account created under Minnesota
Statutes, section 462A.201, and may be used
for the purposes provided in that section.
new text end

new text begin Subd. 7. new text end

new text begin Homework Starts with Home
new text end

new text begin 2,250,000
new text end
new text begin 2,250,000
new text end

new text begin (a) This appropriation is for the homework
starts with home program under Minnesota
Statutes, sections 462A.201, subdivision 2,
paragraph (a), clause (4), and 462A.204,
subdivision 8, to provide assistance to
homeless or highly mobile families with
children eligible for enrollment in a
prekindergarten through grade 12 academic
program.
new text end

new text begin (b) The base for this program in fiscal year
2024 and beyond is $1,750,000.
new text end

new text begin Subd. 8. new text end

new text begin Rental Assistance for Mentally Ill
new text end

new text begin 4,588,000
new text end
new text begin 4,588,000
new text end

new text begin (a) This appropriation is for the rental housing
assistance program for persons with a mental
illness or families with an adult member with
a mental illness under Minnesota Statutes,
section 462A.2097. Among comparable
proposals, the agency shall prioritize those
proposals that target, in part, eligible persons
who desire to move to more integrated,
community-based settings.
new text end

new text begin (b) The base for this program in fiscal year
2024 and beyond is $4,338,000.
new text end

new text begin Subd. 9. new text end

new text begin Family Homeless Prevention
new text end

new text begin 12,269,000
new text end
new text begin 12,269,000
new text end

new text begin (a) This appropriation is for the family
homeless prevention and assistance programs
under Minnesota Statutes, section 462A.204.
new text end

new text begin (b) The base for this program in fiscal year
2024 and beyond is $10,269,000.
new text end

new text begin Subd. 10. new text end

new text begin Home Ownership Assistance Fund
new text end

new text begin 1,635,000
new text end
new text begin 1,635,000
new text end

new text begin (a) This appropriation is for the home
ownership assistance program under
Minnesota Statutes, section 462A.21,
subdivision 8. The agency shall continue to
strengthen its efforts to address the disparity
gap in the homeownership rate between white
households and indigenous American Indians
and communities of color. To better
understand and address the disparity gap, the
agency is required to collect, on a voluntary
basis, demographic information regarding
race, color, national origin, and sex of
applicants for agency programs intended to
benefit homeowners and homebuyers.
new text end

new text begin (b) The base for this program in fiscal year
2024 and beyond is $885,000.
new text end

new text begin Subd. 11. new text end

new text begin Affordable Rental Investment Fund
new text end

new text begin 4,218,000
new text end
new text begin 4,218,000
new text end

new text begin (a) This appropriation is for the affordable
rental investment fund program under
Minnesota Statutes, section 462A.21,
subdivision 8b, to finance the acquisition,
rehabilitation, and debt restructuring of
federally assisted rental property and for
making equity take-out loans under Minnesota
Statutes, section 462A.05, subdivision 39.
new text end

new text begin (b) The owner of federally assisted rental
property must agree to participate in the
applicable federally assisted housing program
and to extend any existing low-income
affordability restrictions on the housing for
the maximum term permitted.
new text end

new text begin (c) The appropriation also may be used to
finance the acquisition, rehabilitation, and debt
restructuring of existing supportive housing
properties and naturally occurring affordable
housing as determined by the commissioner.
For purposes of this paragraph, "supportive
housing" means affordable rental housing with
links to services necessary for individuals,
youth, and families with children to maintain
housing stability.
new text end

new text begin Subd. 12. new text end

new text begin Owner-Occupied Housing
Rehabilitation
new text end

new text begin 2,772,000
new text end
new text begin 2,772,000
new text end

new text begin (a) This appropriation is for the rehabilitation
of owner-occupied housing under Minnesota
Statutes, section 462A.05, subdivisions 14 and
14a.
new text end

new text begin (b) Notwithstanding any law to the contrary,
grants or loans under this subdivision may be
made without rent or income restrictions of
owners or tenants. To the extent practicable,
grants or loans must be made available
statewide.
new text end

new text begin Subd. 13. new text end

new text begin Rental Housing Rehabilitation
new text end

new text begin 2,743,000
new text end
new text begin 2,743,000
new text end

new text begin (a) This appropriation is for the rehabilitation
of eligible rental housing under Minnesota
Statutes, section 462A.05, subdivision 14. In
administering a rehabilitation program for
rental housing, the agency may apply the
processes and priorities adopted for
administration of the economic development
and housing challenge program under
Minnesota Statutes, section 462A.33, and may
provide grants or forgivable loans if approved
by the agency.
new text end

new text begin (b) Notwithstanding any law to the contrary,
grants or loans under this subdivision may be
made without rent or income restrictions of
owners or tenants. To the extent practicable,
grants or loans must be made available
statewide.
new text end

new text begin (c) The base for this program in fiscal year
2024 and beyond is $3,743,000.
new text end

new text begin Subd. 14. new text end

new text begin Homeownership Education,
Counseling, and Training
new text end

new text begin 1,107,000
new text end
new text begin 1,107,000
new text end

new text begin (a) This appropriation is for the
homeownership education, counseling, and
training program under Minnesota Statutes,
section 462A.209.
new text end

new text begin (b) The base for this program in fiscal year
2024 and beyond is $857,000.
new text end

new text begin Subd. 15. new text end

new text begin Capacity-Building Grants
new text end

new text begin 645,000
new text end
new text begin 645,000
new text end

new text begin This appropriation is for nonprofit
capacity-building grants under Minnesota
Statutes, section 462A.21, subdivision 3b. Of
this amount, $125,000 each year is for support
of the Homeless Management Information
System (HMIS).
new text end

new text begin Subd. 16. new text end

new text begin Build Wealth MN
new text end

new text begin 500,000
new text end
new text begin 500,000
new text end

new text begin This appropriation is for a grant to Build
Wealth Minnesota to provide a family
stabilization plan program including program
outreach, financial literacy education, and
budget and debt counseling.
new text end

new text begin Subd. 17. new text end

new text begin Availability and Transfer of Funds
new text end

new text begin Money appropriated in the first year in this
article is available the second year. The
commissioner may shift or transfer money in
the second year in subdivisions 2, 3, 4, 5, 12,
and 13 to address high-priority housing needs.
new text end