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 recognized American Indian Tribes, contract alternative schools, and Tribal contract schools as eligible entities alongside cities and corporations. The language clarifies that the term "city" aligns with the definition provided in section 462A.03, subdivision 21, and emphasizes the goal of financing housing units in both metropolitan and nonmetropolitan areas.

Additionally, the bill updates subdivision 9 of the same statute to specify that grant funding can be awarded to school districts, cooperative units, contract alternative schools, and Tribal contract schools. It also stipulates that any owner-occupancy requirement must include participation in a homeownership education counseling and training program, ensuring that future occupants are adequately prepared for homeownership. These changes aim to enhance access to housing resources for a broader range of educational institutions and communities in Minnesota.

Statutes affected:
Introduction: 462A.33