This bill amends Minnesota Statutes 2024, section 477A.36, subdivision 8, to provide additional appropriations for affordable housing aids. It establishes annual appropriations from the general fund to the commissioner of revenue, including $6,800,000 for counties, $2,000,000 for tier I cities, and $1,200,000 for eligible Tribal Nations. For the fiscal years 2024 and 2025, the bill allocates an extra $8,500,000 to counties, $2,500,000 to tier I cities, and $1,500,000 to Tribal Nations. It also allows the commissioner to compute aid amounts for 2023 as late as August 1, 2023, with payments made in one installment on December 26.
Additionally, the bill introduces new appropriations for fiscal years 2026 and 2027, which include $17,000,000 for counties, $5,000,000 for tier I cities, and $3,000,000 for Tribal Nations. It specifies that for aids payable in 2025, the commissioner may compute additional aid amounts as late as July 15, 2025, without the need for certification. The effective date for these changes is set for aids payable in 2025 and 2026.
Statutes affected: Introduction: 477A.36