This bill appropriates $20,000,000 from the general fund to the Minnesota Housing Finance Agency for a grant to the public housing agency of the city of St. Paul. The funding is designated for the rehabilitation, preservation, equipping, and repair of deeply affordable single-family homes and duplex units managed by the agency and its affiliated entities, including the nonprofit corporation Capital City Affordable Housing.
The appropriation is specified as a one-time allocation for fiscal year 2026, aimed at enhancing the quality and availability of affordable housing in St. Paul. This initiative reflects the state's commitment to addressing housing needs and improving living conditions for residents in the area.