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469.016 LOW-RENT HOUSING.
An authority shall not initiate any low-rent housing project, and shall not enter into any
contract with respect to it, until:
(1) it has made findings, after an analysis of the local housing market, that (i) there is
need for such low-rent housing which cannot be met by private enterprise, and (ii) a gap of at
least 20 percent exists between the upper shelter rental limits for admission to the proposed
low-rent housing and the lowest shelter rents at which private enterprise is providing through new
construction and existing structures a substantial supply of decent, safe, and sanitary housing; and
(2) the governing body or bodies creating the authority in whose jurisdiction the project will
be located, has by resolution affirmed those findings of the authority and approved the provision
of that low-rent housing project.
Clauses (1) and (2) do not apply to any public low-rent housing projects for which financial
assistance is provided by the federal government, and which does not require any direct loan or
grant of money from the governing body or bodies as a condition of federal financial assistance.
An authority shall not make any contract with the federal government for a public low-rent
housing project unless the governing body or bodies creating the authority in whose jurisdiction
the project will be located, has by resolution approved the provision of that public low-rent
housing project.
History: 1987 c 291 s 16; 1990 c 532 s 8

Official Publication of the State of Minnesota
Revisor of Statutes