SF915 (Legislative Session 94 (2025-2026))

Housing bond issue and appropriation

Related bill: HF1489

AI Generated Summary

The legislative bill S.F. No. 915 introduced in the Minnesota Senate proposes to allocate $100 million from state bonds to the Minnesota Housing Finance Agency. This funding will be channeled into the Housing Development Fund to cover the costs of rehabilitating public housing units that serve low-income residents. The proposal also specifies that this budget can support enhancements focusing on health, safety, and energy efficiency. Additionally, the bill outlines the process for issuing the state bonds needed to secure these funds. The aim is to maintain the quality of housing and improve living conditions for low-income persons and households reliant on federally supported and publicly owned housing.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 02, 2025HouseFloorActionIntroduction and first reading
February 02, 2025SenateFloorActionIntroduction and first reading
February 02, 2025HouseFloorActionReferred toHousing and Homelessness Prevention
February 02, 2025SenateFloorActionReferred toHousing and Homelessness Prevention
February 09, 2025HouseFloorActionComm report: To pass and re-referred toCapital Investment
February 09, 2025SenateFloorActionComm report: To pass and re-referred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Establishes funding for rehabilitation of public housing."
      ],
      "removed": [
        ""
      ],
      "summary": "This bill details appropriations for public housing rehabilitation projects, referencing restrictions and priorities under section 462A.202 subdivision 3a.",
      "modified": [
        "Overrides priorities and restrictions typically applied under section 462A.202 subdivision 3a for these specific projects."
      ]
    },
    "citation": "462A.202",
    "subdivision": "subdivision 3a"
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        "Restrictions within section 462A.202 subdivision 7 are made inapplicable to this appropriation."
      ],
      "summary": "This section typically contains restrictions not applicable to the current appropriation under the new bill.",
      "modified": [
        ""
      ]
    },
    "citation": "462A.202",
    "subdivision": "subdivision 7"
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "This bill refers to general bonding authority under section 16A.631 for issuing bonds.",
      "modified": [
        ""
      ]
    },
    "citation": "16A.631",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "This section outlines procedures for bond sales, which are relevant to the authorized issuance of state bonds.",
      "modified": [
        ""
      ]
    },
    "citation": "16A.675",
    "subdivision": ""
  }
]