A bill for an act
relating to housing; appropriating money for a grant to the Arrowhead Economic
Opportunity Agency.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$2,000,000 in fiscal year 2025 is appropriated from the general fund to the commissioner
of the Minnesota Housing Finance Agency for a grant to the Arrowhead Economic
Opportunity Agency. The grant recipient must use grant money as a revolving fund for
acquiring and rehabilitating tax-forfeited properties for owner occupancy. Housing funded
with this grant must be affordable to the local work force. This is a onetime appropriation.
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