The bill proposes an appropriation of funds to support the family homeless prevention and assistance program in Minnesota. Specifically, it allocates $110,269,000 for both fiscal years 2024 and 2025 from the general fund to the commissioner of the Housing Finance Agency. This funding is intended to enhance the resources available for addressing family homelessness in the state.
The bill includes new legal language that establishes the appropriation and specifies the amount designated for the program under Minnesota Statutes, section 462A.204. This financial support aims to strengthen efforts in preventing homelessness and providing assistance to families in need.