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 changes to improve housing access and stability. Key features include the establishment of a task force on homeowners and commercial property insurance, the removal of certain real property recording fees, and appropriations for programs supporting American Indian housing, workforce housing development, rental assistance, and homeownership assistance. The bill also enhances the agency's ability to issue housing infrastructure bonds, allowing for an additional authorization of up to $50 million, and emphasizes the need to address disparities in homeownership rates among different racial and ethnic groups.

Additionally, the bill amends existing housing assistance programs, including the Community-Based First-Generation Homebuyers Assistance Program, which provides down payment assistance to eligible homebuyers, and the High-Rise Sprinkler System Grant and Loan program, which now allows for loans alongside grants. It strengthens tenant protections, particularly regarding confidentiality for victims of violence, and streamlines processes for addressing housing violations. The legislation also allows property owners to discharge restrictive covenants related to protected classes at no cost and mandates reporting on public housing repositioning and bond funding. Overall, the bill aims to enhance housing stability and support for vulnerable populations while ensuring effective use of appropriated funds.

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