Minnesota HF5014 modifies the distribution of local affordable housing aid from the metropolitan sales tax.

Minnesota HF5014 amends the distribution of proceeds from the metropolitan sales tax for affordable housing aid. It allocates 25% to the state rent assistance account, 25% to the metropolitan city aid account, and 50% to the metropolitan county aid account. The bill also establishes a metropolitan city aid account in the housing assistance fund, which receives annual appropriations for payments to cities.

Minnesota HF5014 modifies the distribution of local affordable housing aid from the metropolitan sales tax.

Minnesota HF5014 amends the distribution of proceeds from the metropolitan sales tax for affordable housing aid. It allocates 25% to the state rent assistance account, 25% to the metropolitan city aid account, and 50% to the metropolitan county aid account. The bill also establishes a metropolitan city aid account in the housing assistance fund, which receives annual appropriations for payments to cities.