Minnesota HF1489 allocates $100,000,000 in bond proceeds for public housing rehabilitation.

Minnesota HF1489 appropriates $100,000,000 from bond proceeds to the Minnesota Housing Finance Agency. This funding is for the housing development fund to finance rehabilitation costs of public housing, which is defined as housing for low-income persons and households financed by the federal government and publicly owned. The agency may prioritize proposals that maximize federal or local resources to finance capital costs and requests that prioritize health, safety, and energy improvements.

Minnesota HF1489 allocates $100,000,000 in bond proceeds for public housing rehabilitation.

Minnesota HF1489 appropriates $100,000,000 from bond proceeds to the Minnesota Housing Finance Agency. This funding is for the housing development fund to finance rehabilitation costs of public housing, which is defined as housing for low-income persons and households financed by the federal government and publicly owned. The agency may prioritize proposals that maximize federal or local resources to finance capital costs and requests that prioritize health, safety, and energy improvements.