The bill proposes the transfer and appropriation of funds to support the workforce homeownership program in Minnesota. Specifically, it allocates $30,250,000 from the general fund to the housing development fund for fiscal years 2026, 2027, and 2028, with the same amount being transferred each year thereafter.

Additionally, the bill appropriates $30,250,000 from the housing development fund to the commissioner of the Minnesota Housing Finance Agency for the workforce homeownership program, as outlined in Minnesota Statutes, section 462A.38. This funding aims to enhance homeownership opportunities for the workforce in the state.