HF2019 (Legislative Session 94 (2025-2026))

Statewide affordable housing aids funding provided, and money appropriated.

Related bill: SF2730

AI Generated Summary

This bill, introduced in the Minnesota House of Representatives by Representative Howard, pertains to funding for affordable housing aid across the state. It amends Minnesota Statutes section 477A.36, subdivision 8, and appropriates money from the state's general fund for housing support.

Key provisions include: - Annual Appropriations: - $6.8 million to counties. - $2 million to "tier I" cities. - $1.2 million to eligible Tribal Nations.

  • Additional Temporary Funding:

    • From fiscal years 2024 and 2025, extra appropriations:
    • $8.5 million to counties.
    • $2.5 million to tier I cities.
    • $1.5 million to Tribal Nations.
    • An increase in funds for the Minnesota Housing Finance Agency.
  • Further Increases in 2026 and 2027:

    • An additional $17 million to counties.
    • An additional $5 million to tier I cities.
    • An additional $3 million to Tribal Nations.
  • Administrative Adjustments:

    • Allows the commissioner of revenue to make late payment calculations for aid distribution in 2023 and 2025.

This bill aims to bolster support for affordable housing initiatives by ensuring increased financial aid to local governments and Tribal Nations over multiple fiscal years.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 09, 2025HouseFloorActionIntroduction and first reading, referred toHousing Finance and Policy
March 09, 2025HouseFloorActionIntroduction and first reading, referred toHousing Finance and Policy
March 11, 2025HouseFloorActionAuthor added