The bill proposes a financial transfer and appropriation aimed at supporting housing initiatives in greater Minnesota. Specifically, it includes a one-time transfer of $5,000,000 from the general fund to the housing development fund for fiscal year 2026. This transfer is intended to bolster the resources available for housing development in the region.

Additionally, the bill appropriates $5,000,000 from the housing development fund to the commissioner of the Housing Finance Agency for the greater Minnesota housing infrastructure grant program, as outlined in Minnesota Statutes, section 462A.395. This appropriation is also designated as a one-time allocation for fiscal year 2026, emphasizing the state's commitment to enhancing housing infrastructure in greater Minnesota.