This bill proposes the transfer and appropriation of funds for manufactured home park infrastructure grants and loans in Minnesota. Specifically, it allocates $15 million 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 $15 million from the housing development fund to the Minnesota Housing Finance Agency for the purpose of supporting these grants and loans.

Furthermore, the bill mandates that the commissioner of the Minnesota Housing Finance Agency submit an annual report by January 15 to the relevant legislative committees. This report will detail the use of the funds, including the number of grants and loans requested and funded, the average amounts awarded, the terms of the loans, and how repaid loan funds were utilized. This reporting requirement aims to enhance transparency and accountability regarding the distribution and impact of the funding provided for manufactured home park infrastructure.