A bill for an act
relating to capital investment; appropriating money for a cooperative manufactured
housing infrastructure grant program; authorizing the sale and issuance of state
bonds; proposing coding for new law in Minnesota Statutes, chapter 462A.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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The agency may make grants to counties
and cities to provide up to 50 percent of the capital costs of public infrastructure necessary
for an eligible cooperative manufactured housing development project. The agency shall
prioritize a grant award after determining that nonstate resources are committed to complete
the project. The nonstate contribution may be either cash or in kind. In-kind contributions
may include the value of the site, whether the site is prepared before or after the law
appropriating money for the grant is enacted.
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For purposes of this section, "housing infrastructure" means publicly
owned physical infrastructure necessary to support cooperative manufactured housing
development projects, including but not limited to sewers, water supply systems, utility
extensions, streets, wastewater treatment systems, storm water management systems, and
facilities for pretreatment of wastewater to remove phosphorus.
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Housing projects eligible for a grant under this section shall
be manufactured housing cooperatives as defined in section 273.124, subdivision 3a.
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(a) The agency must develop forms and procedures for soliciting
and reviewing applications for grants under this section. At a minimum, a county or city
may include in its application a resolution of the county or city council certifying that the
required nonstate match is available. The agency must evaluate complete applications for
funding for eligible projects to determine that:
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(1) the project is necessary to increase sites available for housing development that will
provide adequate housing stock for the current or future workforce; and
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(2) the increase in workforce housing will result in substantial public and private capital
investment in the county or city in which the project would be located.
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(b) The determination of whether to make a grant for a site is within the discretion of
the agency, subject to this section. The agency's decisions and application of the criteria are
not subject to judicial review, except for abuse of discretion.
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A county or city may receive no more than $60,000
per manufactured housing lot.
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If after five years, the agency
determines that a project has not proceeded in a timely manner and is unlikely to be
completed, the agency must cancel the grant and require the grantee to return all grant money
awarded for that project.
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Grant money returned to the agency is appropriated to the
agency to make additional grants under this section.
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This section is effective the day following final enactment.
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$10,000,000 is appropriated from the bond proceeds
fund to the Minnesota Housing Finance Agency for grants under the cooperative
manufactured housing infrastructure grant program under Minnesota Statutes, section
462A.2036.
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To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $10,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
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This section is effective the day following final enactment.
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