SF1800 (Legislative Session 94 (2025-2026))
Housing and redevelopment authorities establishment of housing trust funds authorization provision
Related bill: HF1548
AI Generated Summary
This bill amends 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 "local housing trust fund" as a fund created by a local government with dedicated public revenue sources for housing. It also introduces "regional housing trust funds," which are established through joint agreements between multiple local governments. The bill aims to enhance local and regional efforts to support affordable housing development.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 23, 2025 | House | Floor | Action | Introduction and first reading | |
| February 23, 2025 | Senate | Floor | Action | Introduction and first reading | |
| February 23, 2025 | House | Floor | Action | Referred to | Housing and Homelessness Prevention |
| February 23, 2025 | House | Floor | Action | Referred to | State and Local Government |
| February 23, 2025 | Senate | Floor | Action | Referred to | State and Local Government |
Citations
[
{
"analysis": {
"added": [
"Defines 'local housing trust fund' and 'regional housing trust fund'."
],
"removed": [
""
],
"summary": "This bill modifies the definitions related to housing trust funds under section 462C.16.",
"modified": [
"Updates definitions related to housing and redevelopment authorities."
]
},
"citation": "462C.16",
"subdivision": "subdivision 1"
}
]