Minnesota SF5060 adjusts the Minnesota Housing Finance Agency's budget to address funding gaps and improve homelessness prevention.
Minnesota SF5060 makes supplemental budget adjustments for the Minnesota Housing Finance Agency. It allocates funds to address funding gaps resulting from the nonrenewal of certain grants by the U.S. Department of Housing and Urban Development. The agency can prioritize awards based on need and type of eligible use. It also allows for noncompetitive awards for specific housing programs. The bill includes appropriations for family homeless prevention, home ownership assistance, and supportive housing programs.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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