Minnesota HF5068 appropriates $15,000,000 for the local public housing program through bond proceeds and general fund.

Minnesota HF5068 allocates $15,000,000 from bond proceeds to the Minnesota Housing Finance Agency for the local public housing program, intended for qualified capital projects. The bill also appropriates $15,000,000 from the general fund for the same purpose in fiscal year 2027. The commissioner of management and budget is authorized to sell and issue state bonds up to $15,000,000 to fund this appropriation, following the terms set by Minnesota Statutes and the state Constitution.

Minnesota HF5068 appropriates $15,000,000 for the local public housing program through bond proceeds and general fund.

Minnesota HF5068 allocates $15,000,000 from bond proceeds to the Minnesota Housing Finance Agency for the local public housing program, intended for qualified capital projects. The bill also appropriates $15,000,000 from the general fund for the same purpose in fiscal year 2027. The commissioner of management and budget is authorized to sell and issue state bonds up to $15,000,000 to fund this appropriation, following the terms set by Minnesota Statutes and the state Constitution.