Minnesota HF4925 modifies housing development fund expenditure provisions and repeals certain allowed expenditures for the Minnesota Housing Finance.

Minnesota HF4925 amends the housing development fund expenditure provisions and repeals specific allowed expenditures for the Minnesota Housing Finance Agency. The bill modifies the fund's use, including the ability to make capacity building grants to nonprofit organizations, local government units, Indian tribes, and Indian tribal organizations. It also repeals provisions allowing expenditures for rental housing and full cycle home ownership services. The changes include adjustments to appropriations and the transfer of unencumbered balances between programs.

Minnesota HF4925 modifies housing development fund expenditure provisions and repeals certain allowed expenditures for the Minnesota Housing Finance.

Minnesota HF4925 amends the housing development fund expenditure provisions and repeals specific allowed expenditures for the Minnesota Housing Finance Agency. The bill modifies the fund's use, including the ability to make capacity building grants to nonprofit organizations, local government units, Indian tribes, and Indian tribal organizations. It also repeals provisions allowing expenditures for rental housing and full cycle home ownership services. The changes include adjustments to appropriations and the transfer of unencumbered balances between programs.