1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for supportive housing; 
1.3 	authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. APPROPRIATION.
 1.6 	(a) $10,000,000 is appropriated from the bond proceeds fund to the commissioner of 
1.7 	the Housing Finance Agency for transfer to the housing development fund for the purpose 
1.8 	of making loans or grants for temporary or transitional housing under Minnesota Statutes, 
1.9 	section 462A.201, subdivision 2, including loans or grants for housing homeless youth, 
1.10 	homeless families, battered women, and individuals leaving prostitution.
1.11 	(b) $33,000,000 is appropriated from the bond proceeds fund to the commissioner 
1.12 	of the Housing Finance Agency for loans and grants for publicly owned permanent 
1.13 	rental housing under Minnesota Statutes, section 462A.202, subdivision 3a, for persons 
1.14 	who have been without a permanent residence for at least 12 months or on at least four 
1.15 	occasions in the last three years or are at significant risk of lacking a permanent residence 
1.16 	for at least 12 months or on at least four occasions in the last three years. The housing must 
1.17 	provide or coordinate with linkages to services necessary for residents to maintain housing 
1.18 	stability and maximize opportunities for education and employment. Notwithstanding 
1.19 	Minnesota Statutes, section 462A.202, subdivision 3a, the commissioner shall give equal 
1.20 	consideration to proposals for projects serving individuals and those serving families with 
1.21 	children. Preference among comparable proposals shall be given to proposals for the 
1.22 	acquisition and rehabilitation of property.

1.23 	Sec. 2. BOND SALE.
 2.1 	To provide the money appropriated in section 1 from the bond proceeds fund, 
2.2 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
2.3 	$43,000,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
2.4 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
2.5 	sections 4 to 7.

2.6 	Sec. 3. EFFECTIVE DATE.
 2.7 	Sections 1 and 2 are effective the day following final enactment.