Minnesota HF3594 mandates certification for private entities to receive funding from the Minnesota Housing Finance Agency.

Minnesota HF3594 requires private entities to obtain a certificate of eligibility from the Minnesota Housing Finance Agency before receiving funding. The commissioner cannot pay funds, award grants or loans, or allocate housing tax credits without this certification. A certificate expires two years after issuance, and private entities can reapply. The commissioner may revoke a certificate if the entity provides false information, was ineligible, or misused public funds.

Minnesota HF3594 mandates certification for private entities to receive funding from the Minnesota Housing Finance Agency.

Minnesota HF3594 requires private entities to obtain a certificate of eligibility from the Minnesota Housing Finance Agency before receiving funding. The commissioner cannot pay funds, award grants or loans, or allocate housing tax credits without this certification. A certificate expires two years after issuance, and private entities can reapply. The commissioner may revoke a certificate if the entity provides false information, was ineligible, or misused public funds.