as introduced - 88th Legislature (2013 - 2014) Posted on 02/25/2014 03:10pm
Engrossments | ||
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Introduction | Posted on 01/13/2014 |
A bill for an act
relating to housing; providing homeownership grants for families with children
with disabilities; appropriating money.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) $1,200,000 from the general fund is appropriated to the Minnesota Housing
Finance Agency for fiscal year 2015 for a pilot program for families with children with
disabilities to provide grants for homeownership. Eligible families must: (1) have one
child under the age of 19 with a medically diagnosed disability, and (2) have faced housing
instability as renters due to the child's disability in the last two years requiring them to
move or be at risk of losing their current housing.
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(b) Of the amount in paragraph (a), $600,000 is to the City of Lakes Community
Land Trust to provide homeownership opportunities for up to eight eligible families to
find safe and stable housing in conjunction with existing programs and provide additional
incentives to families eligible under this section to make homeownership more affordable.
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(c) Of the amount in paragraph (a), $600,000 is to Twin Cities Habitat for Humanity
to provide homeownership opportunities for up to five eligible families to find safe and
stable housing in conjunction with existing programs.
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(d) Unexpended grant funds from fiscal year 2015 are available in fiscal year 2016.
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