Minnesota HF1548 authorizes housing and redevelopment authorities to establish local housing trust funds.
Minnesota HF1548 amends the state statutes to authorize housing and redevelopment authorities to establish local housing trust funds. These funds can be created by statutory or home rule charter cities, housing and redevelopment authorities, or counties, using dedicated public revenue sources for housing. The bill also defines terms such as "local housing trust fund" and "regional housing trust fund.
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