Minnesota bill HF549 dedicates a portion of local government aid to cities for housing programs.

Minnesota bill HF549 amends local government aid to require cities to dedicate a portion of their aid to housing development, redevelopment, and rehabilitation programs. The amount dedicated is based on the city's housing need percentage, calculated using pre-1940 housing and housing built between 1940 and 1970. If the calculated amount is less than $100, the minimum dedication is zero. This aid is in addition to any other funds dedicated to housing programs. The changes take effect for aids payable in calendar year 2026 and thereafter.

Minnesota bill HF549 dedicates a portion of local government aid to cities for housing programs.

Minnesota bill HF549 amends local government aid to require cities to dedicate a portion of their aid to housing development, redevelopment, and rehabilitation programs. The amount dedicated is based on the city's housing need percentage, calculated using pre-1940 housing and housing built between 1940 and 1970. If the calculated amount is less than $100, the minimum dedication is zero. This aid is in addition to any other funds dedicated to housing programs. The changes take effect for aids payable in calendar year 2026 and thereafter.