The proposed bill establishes the Home Heroes Act, aimed at providing essential housing services to seniors and other low-income individuals, including veterans, military personnel, first responders, and disabled persons, to help them age in place. An appropriation of funds from the general fund to the Housing Finance Agency is included to support these initiatives. The Act outlines the use of funds for rental and emergency assistance, ensuring that the targeted population receives the necessary support during housing emergencies and crises.

Additionally, the bill mandates the Housing Finance Agency to collaborate with various entities to develop educational resources that inform the targeted population about available services. This includes creating digital materials and programs such as fix-it workshops and home improvement initiatives, modeled after Habitat for Humanity's resources. The agency is also required to coordinate with multiple stakeholders, including the Minnesota Interagency Council on Homelessness, businesses, nonprofit providers, and academic institutions, to effectively deliver housing services and support to those in need.