SF 1577

as introduced - 91st Legislature (2019 - 2020) Posted on 02/21/2019 03:08pm

A bill for an act
relating to housing; appropriating money to the Housing Finance Agency for
housing programs.

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

Section 1. new text begin APPROPRIATIONS. new text end

new text begin The sums shown in the columns marked "Appropriations" are appropriated to the agencies
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 "2020" and "2021" used in this article mean that the appropriations listed under them
are available for the fiscal year ending June 30, 2020, or June 30, 2021, respectively. "The
first year" is fiscal year 2020. "The second year" is fiscal year 2021. "The biennium" is
fiscal years 2020 and 2021.
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 2020 new text end		new text begin 2021 new text end

Sec. 2. new text begin HOUSING 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 52,282,000 new text end

new text begin $ new text end

new text begin 42,092,000 new text end

new text begin 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 Housing Finance 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 22,425,000 new text end

new text begin 22,425,000 new text end

new text begin For the economic development and housing
challenge program under Minnesota Statutes,
section 462A.33.
new text end

new text begin Subd. 3. new text end new text begin Rental Assistance for Mentally Ill new text end

new text begin 5,088,000 new text end

new text begin 5,088,000 new text end

new text begin 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.
new text end

new text begin Subd. 4. new text end new text begin Family Homeless Prevention and Assistance Program new text end

new text begin 10,769,000 new text end

new text begin 10,519,000 new text end

new text begin For the family homeless prevention and
assistance program under Minnesota Statutes,
section 462A.204.
new text end

new text begin Subd. 5. new text end new text begin Homework Starts With Home new text end

new text begin 4,000,000 new text end

new text begin 4,000,000 new text end

new text begin (a) Of this appropriation, $1,000,000 each year
is for grants to programs under Minnesota
Statutes, section 462A.204, subdivision 8.
new text end

new text begin (b) Of this appropriation, $3,000,000 each year
is from the housing trust fund for the rental
assistance to highly mobile students program
under Minnesota Statutes, section 462A.201,
subdivision 2, paragraph (a), clause (4).
new text end

new text begin Subd. 6. new text end new text begin Capacity Building Grants new text end

new text begin 845,000 new text end

new text begin 845,000 new text end

new text begin For nonprofit capacity building grants under
Minnesota Statutes, section 462A.21,
subdivision 3b.
new text end

new text begin Subd. 7. new text end new text begin Local Housing Trust Fund Grants new text end

new text begin 10,000,000 new text end

new text begin -0- new text end

new text begin (a) This appropriation is for grants to housing
trust funds established under Minnesota
Statutes, section 462C.16, to incentivize local
funding. This is a onetime appropriation.
new text end

new text begin (b) A grantee is eligible to receive a grant
amount equal to 100 percent of the public
revenue committed to the local housing trust
fund from any source other than the state or
federal government, up to $150,000, and in
addition, an amount equal to 50 percent of the
public revenue committed to the local housing
trust fund from any source other than the state
or federal government that is more than
$150,000 but not more than $300,000.
new text end

new text begin (c) $100,000 of this appropriation is for
technical assistance grants to local and
regional housing trust funds. A housing trust
fund may apply for a technical assistance grant
at the time and in the manner and form
required by the agency. The agency shall make
grants on a first-come, first-served basis. A
technical assistance grant must not exceed
$5,000.
new text end

new text begin (d) A grantee must use grant funds within
eight years of receipt for purposes (1)
authorized under Minnesota Statutes, section
462C.16, subdivision 3, and (2) benefiting
households with incomes at or below 115
percent of the state median income. A grantee
must return any grant funds not used for these
purposes within eight years of receipt to the
commissioner of the Housing Finance Agency
for deposit into the housing development fund.
new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin This act is effective July 1, 2019.
new text end