SF1775 (Legislative Session 94 (2025-2026))

Manufactured home park infrastructure grants and loans appropriation

Related bill: HF1417

AI Generated Summary

The bill, Minnesota Senate File No. 1775, focuses on funding infrastructure improvements in manufactured home parks through grants and loans.

Key Provisions:

  1. Funding Allocation:

    • $15 million per year will be transferred from the general fund to the housing development fund starting in fiscal years 2026, 2027, and beyond.
    • Another $15 million per year from the housing development fund will be appropriated to the Minnesota Housing Finance Agency for these grants and loans.
  2. Reporting Requirements:

    • By January 15 each year, the Minnesota Housing Finance Agency commissioner must submit a report to the state legislature.
    • The report must include details such as:
      • Grants and loans awarded, categorized by ownership type (private, cooperative, municipal) and county.
      • Average amounts of grants and loans issued.
      • Loan terms, including repayment details.
      • How repaid loan funds are being used.

Purpose:

The bill aims to improve infrastructure in manufactured home parks by providing financial assistance, ensuring long-term sustainability and habitability for residents.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 23, 2025HouseFloorActionIntroduction and first reading
February 23, 2025SenateFloorActionIntroduction and first reading
February 23, 2025HouseFloorActionReferred toHousing and Homelessness Prevention
February 23, 2025SenateFloorActionReferred toHousing and Homelessness Prevention

Citations

 
[
  {
    "analysis": {
      "added": [
        "Appropriation of funds for fiscal year 2026 and 2027."
      ],
      "removed": [],
      "summary": "This bill involves appropriations for manufactured home park infrastructure under section 462A.2035.",
      "modified": []
    },
    "citation": "462A.2035",
    "subdivision": "subdivision 1b"
  }
]