The bill modifies the housing challenge program in Minnesota by expanding the list of eligible recipients for challenge grants or loans. Specifically, it amends Minnesota Statutes 2024, section 462A.33, subdivision 2, to include not only cities and recognized American Indian Tribes but also corporations, contract alternative schools, and Tribal contract schools as eligible entities. This change aims to broaden the scope of organizations that can receive funding to support housing initiatives.
Additionally, the bill updates subdivision 9 of the same statute to clarify that grant funding can be provided to school districts, cooperative units, contract alternative schools, and Tribal contract schools. The amendments emphasize the requirement for future occupants of owner-occupied homes to participate in homeownership education counseling and training programs, thereby promoting informed homeownership within the community.
Statutes affected: Introduction: 462A.33