HF2695 (Legislative Session 94 (2025-2026))
Housing challenge program modified by expanding eligible schools.
Related bill: SF2792
AI Generated Summary
Purpose of the Bill
The aim of this legislative bill is to make modifications to the housing challenge program in Minnesota. It intends to expand the types of educational institutions that are eligible to receive funding for housing projects. This expansion seeks to promote the development of housing units and educational programs related to homeownership.
Main Provisions
Eligibility Expansion: The bill modifies existing laws to allow a broader range of educational institutions to apply for housing challenge grants or loans. Specifically, it includes charter schools, contract alternative schools, and Tribal contract schools along with school districts and cooperative units.
Grant Allocation: Funding in the form of a grant under $100,000 can now be allocated to the newly eligible schools. This includes charter schools, contract alternative schools, and Tribal contract schools.
Homeownership Education Requirement: Schools or districts that use grants to construct homes for owner occupancy must involve the future residents in homeownership education, counseling, and training programs, as mandated by section 462A.209 of the Minnesota Statutes.
Significant Changes to Existing Law
The bill significantly expands the definition of "eligible recipients" by including additional schools, such as charter schools and Tribal contract schools, making them eligible for housing challenge program grants or loans. Previously, these programs were primarily available to cities, tribes, and private or nonprofit developers.
Relevant Terms
- Housing Challenge Program
- Eligible recipients
- Charter schools
- Contract alternative schools
- Tribal contract schools
- Grants and loans
- Homeownership education
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 23, 2025 | House | Floor | Action | Introduction and first reading, referred to | Housing Finance and Policy |
March 31, 2025 | House | Floor | Action | Author added |
Citations
[ { "analysis": { "added": [ "Includes additional educational institutions such as charter schools and contract alternative schools as eligible recipients." ], "removed": [ "" ], "summary": "This bill modifies the eligibility criteria for recipients of housing challenge program grants or loans under section 462A.33.", "modified": [ "Clarifies existing eligible entities for grant or loan applications." ] }, "citation": "462A.33", "subdivision": "subdivision 2" }, { "analysis": { "added": [ "Requirement for future occupants to undergo homeownership education as part of the grant conditions." ], "removed": [ "" ], "summary": "This bill revises the grant funding mechanism for schools under the housing challenge program in section 462A.33.", "modified": [ "Specifies types of educational institutions that can receive grants and conditions for constructing homes." ] }, "citation": "462A.33", "subdivision": "subdivision 9" }, { "analysis": { "added": [ "" ], "removed": [ "" ], "summary": "This bill refers to section 123A.24 to define cooperative units eligible for housing grants.", "modified": [ "" ] }, "citation": "123A.24", "subdivision": "subdivision 2" }, { "analysis": { "added": [ "" ], "removed": [ "" ], "summary": "Defines 'city' for the purposes of section 462A.33 concerning housing challenge program eligibility.", "modified": [ "" ] }, "citation": "462A.03", "subdivision": "subdivision 21" }, { "analysis": { "added": [ "" ], "removed": [ "" ], "summary": "The bill mandates homeownership education under section 462A.209 for grant recipients constructing homes under section 462A.33.", "modified": [ "" ] }, "citation": "462A.209", "subdivision": "" } ]