The bill H.F. No. 1141 aims to enhance housing initiatives in Minnesota by establishing a supplemental budget for the Minnesota Housing Finance Agency (MHFA) and authorizing the issuance of housing infrastructure bonds. It includes a one-time appropriation of $9 million for grants to Continuum of Care Program grantees, focusing on addressing funding gaps and prioritizing awards based on need. The bill also allocates $25 million for various housing programs, such as workforce housing development and supportive housing, while mandating grantees to report on the use of funds and the number of individuals served. Key modifications include the MHFA's authority to issue up to $100 million in housing infrastructure bonds and amendments to existing statutes to enhance investment authority for qualifying governments and housing authorities.

Additionally, the bill introduces several amendments to the Minnesota Housing Finance Agency's statutes, including requirements for governing bodies to adopt investment policies and updates to meeting protocols to ensure effective participation through "interactive technology." It stipulates that 25% of the difference between projected costs and earnings from state appropriations must be allocated for specific purposes and clarifies that income from "lived-experience engagement" will not affect eligibility for state public assistance programs. The bill also proposes new subdivisions and repeals certain provisions to streamline housing regulations and improve the effectiveness of housing programs in Minnesota, with all changes set to take effect the day following final enactment.

Statutes affected:
Introduction: 462A.37
1st Engrossment: 462A.21, 462A.37, 462A.05, 462A.20
2nd Engrossment: 462A.21, 462A.37, 462A.05, 462A.20
3rd Engrossment: 462A.21, 462A.37, 118A.09, 462A.041, 462A.05, 462A.20
1st Unofficial Engrossment: 290.0683, 327C.015, 327C.03, 327C.04, 327C.06, 327C.097, 327C.11, 327C.15, 462A.041, 462A.20, 462A.21, 462A.222, 462A.37, 462A.395, 462A.40, 474A.02, 500.215, 327C.096
CCR-HF1141A: 462A.21, 462A.37, 118A.09, 462A.041, 462A.05, 462A.20