The bill proposes an appropriation of $35,000,000 from the general fund for the fiscal year 2025, specifically designated for the Minneapolis Public Housing Authority. This funding aims to support the rehabilitation, preservation, equipping, and repair of deeply affordable family housing units in the city of Minneapolis and its affiliated entities, including the nonprofit corporation Community Housing Resources.

This appropriation is a one-time allocation intended to enhance the quality and availability of affordable housing in Minneapolis, addressing the pressing need for such housing in the community. The bill emphasizes the importance of maintaining and improving existing housing resources to ensure they remain accessible to families in need.