Minnesota SF2681 appropriates funds for manufactured home down payment assistance and cooperative purchase programs.
Minnesota SF2681 transfers $10,000,000 from the general fund to the housing development fund in fiscal year 2026. It also appropriates $5,000,000 from the housing development fund to the commissioner of the Housing Finance Agency for a grant to NeighborWorks Home Partners. This grant funds a manufactured home down payment assistance program and a manufactured home financing product for converting home parks to cooperative ownership. Financial assistance may include various loan structures.
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