This bill appropriates funds for supportive housing providers in Minnesota, specifically amending existing legislation to allocate a one-time appropriation for housing programs under Minnesota Statutes, section 462A.42. The bill specifies that $1,500,000 of this amount is designated for grants to grantees of the United States Department of Housing and Urban Development's Continuum of Care Program for fiscal year 2024. These grants are intended for organizations whose contracts have expired or will expire before December 31, 2026, and that have faced or will face funding gaps.

Additionally, the bill allows the agency to prioritize grant awards based on need and provides flexibility in the application and procurement processes for existing and previous federal Continuum of Care funding recipients. The agency is required to make best efforts to obligate the funds within 120 days of July 1, 2026. The new provisions included in the bill will take effect the day following final enactment.