HF1548 (Legislative Session 94 (2025-2026))

Housing and redevelopment authorities authorized to establish local housing trust funds.

Related bill: SF1800

AI Generated Summary

This bill modifies Minnesota Statutes 2024, Section 462C.16, Subdivision 1, to authorize housing and redevelopment authorities to establish local housing trust funds. It defines key terms, including "commissioner" (referring to the Commissioner of the Minnesota Housing Finance Agency), "fund," "local government," "local housing trust fund," and "regional housing trust fund." The bill allows local governments—including cities, counties, and housing authorities—to create dedicated funding sources to support housing initiatives, and it permits multiple local governments to collaborate on regional housing trust funds through joint agreements.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 26, 2025HouseFloorActionIntroduction and first reading, referred toHousing Finance and Policy
March 03, 2025HouseFloorActionAuthor added