This Minnesota House bill (H.F. No. 1461) proposes appropriating $6,800,000 from the state's bond proceeds fund to support a multifamily housing project in the city of Cosmos. The funding would be used to design, construct, renovate, furnish, and equip a housing facility located at 130 Neptune Street North. The facility would offer supportive services for senior citizens, as well as a child care center for children not yet in kindergarten and an afterschool and weekend programming facility for school-aged children.

To fund this appropriation, the bill authorizes the sale and issuance of state bonds worth up to $6,800,000, in accordance with Minnesota state statutes and the state constitution. The commissioner of management and budget is responsible for issuing these bonds.