This bill aims to provide assistance to manufactured home owners facing economic displacement by creating eligibility criteria for such assistance and removing the maximum threshold for aid from the manufactured home relocation trust fund. It introduces a new definition of "economic displacement," which includes significant increases in lot rent that compel owners to relocate. The bill amends several sections of Minnesota Statutes, specifically adding a subdivision to section 327C.015 that defines economic displacement and modifies sections 327C.03 and 327C.095 to reflect changes in payment structures and eligibility for assistance.

Key amendments include the elimination of the fixed $15 fee for participation in the relocation trust fund, replacing it with a flexible fee structure, and the inclusion of economic displacement as a valid reason for a manufactured home owner to receive relocation assistance. The bill also outlines the conditions under which park owners are exempt from making payments to the trust fund and specifies the process for manufactured home owners to apply for relocation costs. Overall, the legislation seeks to enhance support for manufactured home owners who are economically displaced, ensuring they have access to necessary resources during relocation.

Statutes affected:
Introduction: 327C.015, 327C.03, 327C.095