Minnesota SF1711 appropriates funds for the workforce homeownership program for fiscal years 2026 and 2027.
Minnesota SF1711 involves the appropriation of $30,250,000 for each of fiscal years 2026 and 2027 to the workforce homeownership program. This funding is sourced from the housing development fund and managed by the Minnesota Housing Finance Agency. The bill also includes a transfer of $30,250,000 from the general fund to the housing development fund for fiscal years 2026 and 2027, with an additional transfer of $30,250,000 in fiscal year 2028.
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