This bill aims to modify various housing provisions in Minnesota, focusing on rental assistance programs, funding for workforce housing projects, and high-rise sprinkler system programs. Key changes include expanding eligibility criteria for rental assistance, allowing the Minnesota Housing Finance Agency to use a formula for grant amounts to program administrators, and enabling the redistribution of unused funds among administrators to enhance program efficiency. Additionally, the bill clarifies eligible uses for housing aid funds and modifies the requirements for school districts and charter schools receiving grants for housing-related projects.

Significant amendments include the removal of certain funding restrictions for workforce housing projects and the introduction of new definitions and eligibility criteria for disqualified individuals and businesses in relation to grant and loan awards. The bill also reduces the time frame for grantees to use funds from eight years to five years and expands the high-rise sprinkler system program to include loans alongside grants, with specific matching requirements for nonprofit and for-profit organizations. Overall, the bill seeks to improve housing accessibility and support for low-income households in Minnesota.

Statutes affected:
Introduction: 462A.051, 462A.2095, 462A.33, 462A.40, 477A.35, 477A.36