The bill S.F. No. 2298 addresses various housing provisions in Minnesota, focusing on budget allocations for the Minnesota Housing Finance Agency and implementing policy and technical changes. It establishes a task force on homeowners and commercial property insurance, removes certain real property recording fees, and appropriates funds for housing programs, including the economic development and housing challenge program, the greater Minnesota workforce housing development program, and the homeownership assistance program. The bill also emphasizes rehabilitation efforts for both owner-occupied and rental housing, as well as funding for homelessness prevention and assistance programs. Notably, it repeals Minnesota Statutes sections 16A.287 and 462A.43 and introduces new provisions for the issuance of housing infrastructure bonds, allowing the agency to issue up to $50 million in bonds.

Additionally, the bill enhances support for manufactured home owners and renters by requiring park owners to contribute to the Minnesota manufactured home relocation trust fund during park conversions or closures, with specific compensation amounts outlined. It promotes tenant and landlord rights, establishes grants for rental assistance, and allows for the redistribution of unused funds among program administrators. The bill also creates a community-based first-generation homebuyers down payment assistance program, prioritizes affordable housing for low- and moderate-income households, and mandates the Minnesota Housing Finance Agency to develop a preservation framework for affordable rental housing. Furthermore, it introduces new landlord requirements regarding tenant information confidentiality and modifies the process for tenants to deposit rent with the court in cases of building violations. The bill also allows for the discharge of restrictive covenants related to protected classes at no cost and requires the commissioner of management and budget to report on public housing repositioning by February 2026.

Statutes affected:
1st Engrossment: 16A.287, 462A.43, 327C.095, 462A.051, 462A.07, 462A.2095, 462A.33, 462A.40
2nd Engrossment: 16A.287, 462A.43, 327C.095, 462A.051, 462A.07, 462A.2095, 462A.33, 462A.40
3rd Engrossment: 16A.287, 462A.43, 327C.095, 462A.051, 462A.07, 462A.2095, 462A.222, 462A.33, 462A.40, 507.18
4th Engrossment: 16A.287, 462A.43, 462A.37, 327C.095, 462A.051, 462A.07, 462A.2095, 462A.33, 462C.16, 477A.35, 477A.36, 504B.161, 504B.206, 504B.385, 504B.395, 507.18
1st Unofficial Engrossment: 16A.287, 462A.43, 462A.37, 462A.07
2nd Unofficial Engrossment: 16A.287, 462A.43, 462A.37, 462A.07
CCR-SF2298: 16A.287, 462A.43, 462A.37, 327C.095, 462A.051, 462A.07, 462A.2095, 462A.33, 462C.16, 477A.35, 477A.36, 504B.161, 504B.206, 504B.385, 504B.395, 507.18