Establishes the Rural Workforce Housing Investment Act to support workforce housing in rural communities.
The Rural Workforce Housing Investment Act establishes a workforce housing grant program within the Department of Economic Development to support workforce housing in rural communities. Nonprofit development organizations can apply for grants to create workforce housing investment funds. Grants are awarded based on demonstrated housing needs, low unemployment rates, and difficulty attracting workers. The Department may contract with a nonprofit organization to serve as an agent for the program.
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