The bill establishes a Cooperative Manufactured Housing Infrastructure Grant Program under Minnesota Statutes, section 462A.2036, which allows the Minnesota Housing Finance Agency to provide grants to counties and cities for up to 50% of the capital costs associated with housing infrastructure necessary for eligible cooperative manufactured housing development projects. The agency will prioritize grant awards based on the commitment of nonstate resources, which can include cash or in-kind contributions. The bill defines "housing infrastructure" to encompass various publicly owned physical infrastructures, such as sewers, water supply systems, and streets, that support these housing projects.

Additionally, the bill appropriates $10,000,000 from the bond proceeds fund to the Minnesota Housing Finance Agency for the grant program and authorizes the sale and issuance of state bonds to fund this appropriation. It sets a maximum grant amount of $60,000 per manufactured housing lot and includes provisions for the cancellation of grants if projects do not progress in a timely manner. Any returned grant money will be appropriated for additional grants under the program. The effective date for the provisions of this bill is the day following final enactment.