Minnesota SF1799 authorizes housing infrastructure bonds for adaptive reuse to develop supportive and permanent housing for low-income households.

Minnesota SF1799 allows the use of housing infrastructure bonds for adaptive reuse to develop supportive housing and permanent housing for households at or below 50 percent of the area median income. The bill authorizes up to $30,000,000 in bonds for projects including the acquisition, rehabilitation, adaptive reuse, and new construction of housing. It prioritizes projects that provide housing for individuals and families at risk of homelessness and those with incomes at or below 50 percent of the area median income.

Minnesota SF1799 authorizes housing infrastructure bonds for adaptive reuse to develop supportive and permanent housing for low-income households.

Minnesota SF1799 allows the use of housing infrastructure bonds for adaptive reuse to develop supportive housing and permanent housing for households at or below 50 percent of the area median income. The bill authorizes up to $30,000,000 in bonds for projects including the acquisition, rehabilitation, adaptive reuse, and new construction of housing. It prioritizes projects that provide housing for individuals and families at risk of homelessness and those with incomes at or below 50 percent of the area median income.