HF1417 (Legislative Session 94 (2025-2026))
Manufactured home park infrastructure grants and loans funding provided, report required, and money appropriated.
Related bill: SF1775
AI Generated Summary
This bill proposes funding for manufactured home park infrastructure grants and loans in Minnesota. It allocates $15 million annually from the general fund to the housing development fund, beginning in fiscal year 2026 and continuing each year thereafter. The Minnesota Housing Finance Agency will use these funds to support infrastructure projects in manufactured home parks through grants and loans.
Additionally, the bill requires the commissioner of the agency to submit an annual report (by January 15) to the legislature, detailing: 1. The grants and loans requested and awarded, categorized by ownership type (private, cooperative, or municipal) and county. 2. The average amounts of grants and loans awarded. 3. The terms of the loans issued. 4. How repaid loan funds were utilized.
The goal is to support infrastructure improvements in manufactured home parks while maintaining transparency and accountability in the use of funds.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 23, 2025 | House | Floor | Action | Introduction and first reading, referred to | Housing Finance and Policy |
| February 25, 2025 | House | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"New requirement for annual report from the commissioner on fund usage."
],
"removed": [],
"summary": "This bill appropriates funds for manufactured home park infrastructure grants and loans under section 462A.2035.",
"modified": [
"Adjustment of fiscal year funding allocations."
]
},
"citation": "462A.2035"
}
]