The bill amends Minnesota Statutes 2024, section 327C.095, subdivision 12, to establish additional requirements for notice letters related to the Minnesota manufactured home relocation trust fund. It specifies that if a manufactured home owner must move due to the conversion or closure of a manufactured home park, the park owner is required to pay a specified amount to the Minnesota Housing Finance Agency for deposit into the trust fund. The payment amount is capped at $3,250 for single-section homes and $6,000 for multi-section homes, depending on the actual costs of moving or purchasing the home. The bill also outlines circumstances under which the park owner is not obligated to make these payments, such as if the owner relocates the resident at their expense or if the resident has abandoned the home.

Additionally, the bill mandates that the Minnesota Housing Finance Agency include specific information in the annual assessment letter sent to park owners. This includes details about a tax credit for sales of manufactured home parks to cooperatives and notice requirements for unsolicited sales. The agency is also allowed to provide further information about programs and resources available to manufactured home park residents and owners. The notice to residents must clearly state the payment deadline and emphasize that the fee is mandatory for those residing in the manufactured homes. The bill aims to enhance communication and support for manufactured home residents during relocations and park closures.

Statutes affected:
Introduction: 327C.095