HF1489 (Legislative Session 94 (2025-2026))

Public housing rehabilitation funding provided, bonds issued, and money appropriated.

Related bill: SF915

AI Generated Summary

This Minnesota House bill (H.F. No. 1489) proposes an appropriation of $100 million from bond proceeds to the Minnesota Housing Finance Agency. The funds will be transferred to the housing development fund to support the rehabilitation of public housing, which serves low-income individuals and families. The bill prioritizes projects that leverage federal or local resources and focus on health, safety, and energy efficiency improvements. It also exempts the appropriation from certain statutory restrictions related to affordable housing expansion. Additionally, the bill authorizes the state to issue and sell bonds to generate the necessary funds for these projects.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 23, 2025HouseFloorActionIntroduction and first reading, referred toCapital Investment
February 23, 2025HouseFloorActionIntroduction and first reading, referred toCapital Investment
February 25, 2025HouseFloorActionAuthor added
March 25, 2025HouseFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Appropriation for rehabilitation to preserve public housing under Minnesota Statutes section 462A.202, subdivision 3a.",
      "modified": [
        "Priority for projects to increase supply of affordable housing is not applicable for this appropriation."
      ]
    },
    "citation": "462A.202",
    "subdivision": "subdivision 3a"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Restrictions under section 462A.202, subdivision 7 do not apply to this appropriation.",
      "modified": [
        "Restrictions on the appropriation not applicable."
      ]
    },
    "citation": "462A.202",
    "subdivision": "subdivision 7"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Reference to the terms and conditions for bond sales under Minnesota Statutes sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Reference to the terms and conditions for bond sales under Minnesota Statutes sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.675",
    "subdivision": ""
  }
]