HF 2343

1st Engrossment - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act
  1.2             relating to the housing finance agency; authorizing 
  1.3             state bonds; appropriating money from the bond 
  1.4             proceeds fund for transitional and publicly owned 
  1.5             housing. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [HOUSING FINANCE AGENCY; APPROPRIATION; 
  1.8   TRANSITIONAL AND PUBLICLY OWNED HOUSING.] 
  1.9      (a) $2,500,000 is appropriated from the bond proceeds fund 
  1.10  for transfer to the housing development fund for the purpose of 
  1.11  making transitional housing loans to local government units 
  1.12  authorized under Minnesota Statutes, section 462A.202, 
  1.13  subdivision 2, including loans for housing homeless youths, 
  1.14  homeless families, battered women, and prostituted individuals.  
  1.15  At least 25 percent of the appropriation under this section must 
  1.16  utilize youthbuild, Minnesota Statutes, sections 268.361 to 
  1.17  268.366, or other youth employment and training programs for the 
  1.18  labor portion of the construction.  Eligible programs must 
  1.19  consult with appropriate labor organizations to deliver 
  1.20  education and training.  In making grants under this section, 
  1.21  the commissioner shall use a request for proposal process. 
  1.22     (b) $4,000,000 is appropriated from the bond proceeds fund 
  1.23  to the commissioner of the Minnesota housing finance agency for 
  1.24  grants to local public agencies and units of government to build 
  1.25  multiple unit publicly owned housing. 
  2.1      (c) To provide the money appropriated by this section from 
  2.2   the bond proceeds fund, the commissioner of finance, on request 
  2.3   of the governor, shall sell and issue bonds of the state in an 
  2.4   amount up to $6,500,000 in the manner, on the terms, and with 
  2.5   the effect prescribed by Minnesota Statutes, sections 16A.631 to 
  2.6   16A.675, and by the Minnesota Constitution, article XI, sections 
  2.7   4 to 7.