Minnesota HF1067 modifies income limits for housing tax credit grants and loans for workforce housing projects and adjusts matching requirements for.
Minnesota HF1067 amends the Minnesota housing tax credit contribution account grant and loan program by granting exceptions to income limits for certain workforce housing projects. It also modifies the matching requirements of the workforce housing development program. The bill allows grants and loans to be awarded to various entities for workforce housing and multifamily and single-family developments for low and moderate-income persons and families.
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