SF 817

as introduced - 93rd Legislature (2023 - 2024) Posted on 06/14/2023 08:15am

A bill for an act
relating to housing; modifying the manufactured home park redevelopment
program; creating grant programs for manufactured home park lending and the
purchase of manufactured home parks by cooperatives; appropriating money;
amending Minnesota Statutes 2022, section 462A.2035, subdivision 1b.

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

Section 1.

Minnesota Statutes 2022, section 462A.2035, subdivision 1b, is amended to
read:

Subd. 1b.

Manufactured home park infrastructure grants new text begin and loans new text end .

Eligible
recipients may use manufactured home park infrastructure grants new text begin and loans new text end under this
program for:

(1) acquisition of and improvements in manufactured home parks; and

(2) infrastructure, including storm shelters and community facilities.

Sec. 2. new text begin MANUFACTURED HOME LENDING GRANTS; APPROPRIATION.
new text end

new text begin Subdivision 1. new text end

new text begin Definitions. new text end

new text begin For the purposes of this section, the following terms have
the meanings given:
new text end

new text begin (1) "commissioner" means the commissioner of the Minnesota Housing Finance Agency;
and
new text end

new text begin (2) "eligible organization" means a nonprofit organization the commissioner determines
to be eligible under subdivision 2.
new text end

new text begin Subd. 2. new text end

new text begin Eligible organizations. new text end

new text begin To be eligible for a grant under this section, a nonprofit
must:
new text end

new text begin (1) be an organization defined under section 501(c)(3) of the Internal Revenue Code, or
an equivalent organization;
new text end

new text begin (2) have primary operations located in the state of Minnesota;
new text end

new text begin (3) be a qualified nonprofit lender; and
new text end

new text begin (4) serve low-income populations in manufactured home communities owned by residents,
cooperatives, nonprofits, or municipalities.
new text end

new text begin Subd. 3. new text end

new text begin Eligible services. new text end

new text begin Eligible organizations may apply for manufactured home
lending funds for the following services:
new text end

new text begin (1) new manufactured home financing programs;
new text end

new text begin (2) manufactured home down payment assistance; and
new text end

new text begin (3) manufactured home repair, renovation, removal, and site preparation financing
programs.
new text end

new text begin Subd. 4. new text end

new text begin Commissioner duties. new text end

new text begin Within 90 days of final enactment, the commissioner
shall develop the forms, applications, and reporting requirements for use by eligible
organizations. In developing these materials, the commissioner shall consult with
manufactured housing cooperatives, resident-owned manufactured home communities, and
nonprofit organizations working with manufactured housing cooperatives and resident-owned
communities.
new text end

new text begin Subd. 5. new text end

new text begin Appropriation. new text end

new text begin $25,000,000 in fiscal year 2024 is appropriated from the general
fund to the commissioner for grants under this section.
new text end

Sec. 3. new text begin MANUFACTURED HOME PARK REDEVELOPMENT PROGRAM;
APPROPRIATION.
new text end

new text begin $15,000,000 in fiscal year 2024 and $15,000,000 in fiscal year 2025 are appropriated
from the general fund to the commissioner of the Minnesota Housing Finance Agency to
fund manufactured home park infrastructure grants and loans under Minnesota Statutes,
section 462A.2035, subdivision 1b.
new text end

Sec. 4. new text begin APPROPRIATION; MANUFACTURED HOME PARK COOPERATIVE
PURCHASE PROGRAM.
new text end

new text begin (a) $10,000,000 in fiscal year 2024 is appropriated from the general fund to the
commissioner of the Minnesota Housing Finance Agency to fund grants under this section.
new text end

new text begin (b) The funding under this section may be used for grants to nonprofit organizations to
assist manufactured home park residents in organizing and purchasing manufactured home
parks, and for grants to provide down payment assistance to residents to purchase
manufactured home parks.
new text end

new text begin (c) The agency may develop criteria for grant requests under this section. Within 90
days of final enactment, the commissioner shall develop the forms, applications, and reporting
requirements for use by eligible organizations. In developing these materials, the
commissioner shall consult with manufactured housing cooperatives, resident-owned
manufactured home communities, and nonprofit organizations working with manufactured
housing cooperatives and resident-owned communities.
new text end

new text begin (d) Grantees must use funds to assist in the creation and preservation of housing that is
affordable to households with incomes at or below 80 percent of the greater of state or area
median income.
new text end

new text begin (e) A deed purchased with a grant under this section must contain a covenant running
with the land requiring that the land be used as a manufactured home park for 30 years from
the date of purchase.
new text end

new text begin (f) For the purposes of this section, the terms "manufactured home," "manufactured
home park," and "resident" have the meanings given in Minnesota Statutes, section 327C.015.
new text end