Minnesota HF2559 allocates $11.5 million for a grant to the Rondo Community Land Trust.

Minnesota HF2559 provides $11.5 million in fiscal year 2026 from the general fund to the Minnesota Housing Finance Agency for a grant to the Rondo Community Land Trust. The grant must be used for a home buyer initiative pilot program. Activities funded with the appropriation must be affordable for households with an adjusted income of 115 percent of the area median income or below, as determined by the United States Department of Housing and Urban Development. This is a onetime appropriation.

Minnesota HF2559 allocates $11.5 million for a grant to the Rondo Community Land Trust.

Minnesota HF2559 provides $11.5 million in fiscal year 2026 from the general fund to the Minnesota Housing Finance Agency for a grant to the Rondo Community Land Trust. The grant must be used for a home buyer initiative pilot program. Activities funded with the appropriation must be affordable for households with an adjusted income of 115 percent of the area median income or below, as determined by the United States Department of Housing and Urban Development. This is a onetime appropriation.