The bill proposes the transfer and appropriation of funds to support the homeownership education, counseling, and training program in Minnesota. Specifically, it allocates $2,000,000 from the general fund to the housing development fund for fiscal years 2026, 2027, and 2028, with the same amount to be transferred each year thereafter. Additionally, it appropriates $2,000,000 from the housing development fund to the commissioner of the Housing Finance Agency for the program, ensuring that ten percent of the funds in the first two fiscal years are designated for the Minnesota Homeownership Center. This allocation is intended to enhance the administration and monitoring of the program, particularly for individuals with limited English proficiency or access to technology.

Overall, the bill aims to strengthen homeownership opportunities through education and counseling, thereby promoting equitable access to housing resources. The focus on culturally appropriate services highlights the commitment to inclusivity and support for diverse communities within the state.