Minnesota SF2264 dedicates a portion of local government aid to cities for pre-1940 housing improvements.

Minnesota SF2264 amends local government aid regulations to require cities receiving aid under subdivision 9 to dedicate a portion of their aid for pre-1940 housing improvements. This aid must be used for urban renewal projects, including updating utilities, infrastructure, and improving wiring, plumbing, insulation, heating, cooling, or efficiency systems. The aid can be provided directly or through grants or low-interest loans to property owners. If the calculated amount is less than $100, the minimum dedication is zero.

Minnesota SF2264 dedicates a portion of local government aid to cities for pre-1940 housing improvements.

Minnesota SF2264 amends local government aid regulations to require cities receiving aid under subdivision 9 to dedicate a portion of their aid for pre-1940 housing improvements. This aid must be used for urban renewal projects, including updating utilities, infrastructure, and improving wiring, plumbing, insulation, heating, cooling, or efficiency systems. The aid can be provided directly or through grants or low-interest loans to property owners. If the calculated amount is less than $100, the minimum dedication is zero.