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 funding is intended to bolster the housing infrastructure program.

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