This 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 program prioritizes projects that have secured nonstate resources, which can include cash or in-kind contributions such as the value of the site. The bill defines "housing infrastructure" to include essential public utilities and facilities, and outlines the application process, eligibility criteria, and maximum grant amounts, which are capped at $60,000 per manufactured housing lot.

Additionally, the bill appropriates $10 million from the bond proceeds fund to support the grant program and authorizes the sale and issuance of state bonds to fund this appropriation. It includes provisions for the cancellation of grants if projects are not completed in a timely manner and stipulates that 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.