This bill modifies existing housing provisions in Minnesota by amending several sections of the Minnesota Statutes. Key changes include the clarification of eligible recipients for housing grants and loans, specifically defining "disqualified individuals" and "disqualified businesses" that are ineligible for funding. The bill also introduces a new requirement that recipients must sign a disclosure confirming their eligibility before applying for funds. Additionally, it specifies that funds must be used to serve households meeting certain income limits, except for projects funded under a specific section.
Furthermore, the bill establishes a new exemption for income received from "lived-experience engagement," stating that such income will not be considered when determining eligibility for various state public assistance programs. It also outlines conditions for the use of proceeds from housing aid, ensuring that funds are spent on qualifying projects and detailing the process for transferring funds to local housing trust funds or Tribal housing funds if certain conditions are met. The bill emphasizes the importance of using aid to supplement existing housing expenditures and requires tier I cities or counties to report their compliance with these conditions.
Statutes affected: Introduction: 462A.40, 477A.36
1st Engrossment: 462A.40, 477A.36