Minnesota HF1709 allocates $4,000,000 for the Greater Minnesota Housing Infrastructure program in fiscal year 2026.

Minnesota HF1709 involves the appropriation of $4,000,000 for the Greater Minnesota Housing Infrastructure program in fiscal year 2026. This funding is transferred from the bond proceeds fund to the housing development fund and then allocated to the Minnesota Housing Finance Agency for grants. The bill also authorizes the sale and issuance of state bonds up to $4,000,000 to cover these transfers, following the terms set by Minnesota Statutes and the state constitution.

Minnesota HF1709 allocates $4,000,000 for the Greater Minnesota Housing Infrastructure program in fiscal year 2026.

Minnesota HF1709 involves the appropriation of $4,000,000 for the Greater Minnesota Housing Infrastructure program in fiscal year 2026. This funding is transferred from the bond proceeds fund to the housing development fund and then allocated to the Minnesota Housing Finance Agency for grants. The bill also authorizes the sale and issuance of state bonds up to $4,000,000 to cover these transfers, following the terms set by Minnesota Statutes and the state constitution.