The bill modifies the "Strengthen Minnesota Homes Program" by amending Minnesota Statutes 2024, specifically sections 65A.299, subdivisions 5 and 6. It changes the timeline for project completion from three months to six months after grant approval, with a stipulation that failure to meet this deadline may result in grant forfeiture. Additionally, it introduces a new requirement that the commissioner must certify to the homeowner's insurance provider that the property meets program standards and notify them upon project completion.

Furthermore, the bill establishes criteria for applicant eligibility, emphasizing a preference for homeowners with household incomes at or below 115 percent of the area median income, as defined by the U.S. Department of Housing and Urban Development. It also includes a one-time appropriation of $35 million from the general fund for fiscal year 2026 to support the issuance of grants and the administration of the program.

Statutes affected:
Introduction: 65A.299
1st Engrossment: 65A.299