The bill proposes an appropriation of $35,000,000 from the general fund for the fiscal year 2026, 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 characterized as a one-time funding initiative, intended to enhance the quality and availability of affordable housing in Minneapolis. The bill emphasizes the importance of maintaining and improving housing options for families in need within the community.