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HF1417 (Legislative Session 94 (2025-2026))

Manufactured home park infrastructure grants and loans funding provided, report required, and money appropriated.

Related bill: SF1775

AI Generated Summary

This bill, H.F. No. 1417, pertains to housing in Minnesota, specifically funding for manufactured home park infrastructure grants and loans. It allocates $15 million annually from the general fund to the housing development fund starting in fiscal year 2026, continuing through fiscal year 2028 and beyond.

The Minnesota Housing Finance Agency will receive these funds to administer grants and loans for manufactured home park infrastructure improvements, as outlined in Minnesota Statutes, section 462A.2035, subdivision 1b.

Additionally, the bill mandates an annual report from the Commissioner of the Minnesota Housing Finance Agency, due by January 15, to the legislative committees overseeing housing finance and policy. The report must include: 1. The number and type of grants and loans awarded, categorized by ownership type (private, cooperative, municipal) and county. 2. The average amounts of grants and loans awarded. 3. The average loan amounts issued. 4. Information on loan terms. 5. Details on how repaid loan funds were used.

In summary, the bill provides dedicated funding to improve manufactured home park infrastructure and ensures oversight through annual reporting.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 23, 2025HouseFloorActionIntroduction and first reading, referred toHousing Finance and Policy
February 23, 2025HouseFloorActionIntroduction and first reading, referred toHousing Finance and Policy
February 25, 2025HouseFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Appropriates funds for infrastructure grants and loans for manufactured home parks."
      ],
      "removed": [
        ""
      ],
      "summary": "The bill references section 462A.2035 subdivision 1b for appropriations related to manufactured home park infrastructure grants and loans.",
      "modified": [
        "Modifies the appropriation process to ensure consistent annual funding."
      ]
    },
    "citation": "462A.2035",
    "subdivision": "subdivision 1b"
  }
]

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