HF2965

HF2965 (Legislative Session 94 (2025-2026))

Additional requirements for contents of notice letters created.

Related bill: SF3166

AI Generated Summary

Purpose of the Bill

This bill aims to revise existing laws regarding manufactured housing in Minnesota. It focuses on amending current statutes to introduce new requirements for notice letters sent to manufactured home park residents and to modify the process for making payments to the Minnesota manufactured home relocation trust fund.

Main Provisions

Trust Fund Payments: The bill clarifies and adjusts the requirements for payments made by manufactured home park owners to the Minnesota manufactured home relocation trust fund when homes must be moved due to a park’s closure or conversion.
Payment Exceptions: Outlines circumstances where park owners are exempt from making these payments, such as when a homeowner voluntarily vacates, is evicted, or in cases of abandonment.
Annual Assessment: If the trust fund balance falls below $2,000,000, the Minnesota Housing Finance Agency will assess a $15 fee per licensed lot on manufactured home park owners, to be paid annually.
Resident Notice Requirements: Mandates that notices to park residents must be clear, including specific deadlines for payment and potential cost recovery by park owners from residents.
Additional Information: Letters distributed by the Minnesota Housing Finance Agency should include information about tax credits and sales notice requirements, along with resources available to park residents and owners.

Significant Changes to Existing Law

New Notice Requirements: Adds the requirement for specific language, font size, and content in letters to residents to ensure they are informed of their financial obligations.
Fee Collection Adjustments: Allows park owners to recoup the $15 assessment fee from residents either as a lump sum or through monthly installments.
Legal Enforcement: The bill specifies that certain provisions can be enforced in court, with the possibility of awarding attorney's fees and costs to the prevailing party.

Relevant Terms

Manufactured housing
Relocation trust fund
Park closure
Conversion
Housing finance agency
Resident notice
Annual assessment
Tax credit
Legal enforcement

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
March 31, 2025	House	Floor	Action	Introduction and first reading, referred to	Housing Finance and Policy

Citations

[
  {
    "analysis": {
      "added": [
        "Clarifies payment conditions under various circumstances such as relocation or eviction.",
        "Adds information requirements in notices provided by the Minnesota Housing Finance Agency."
      ],
      "removed": [
        "N/A"
      ],
      "summary": "Amends regulations regarding payments to the Minnesota manufactured home relocation trust fund, including payment conditions and requirements for park owners.",
      "modified": [
        "Adjustments to park owner payment requirements and assessment processes."
      ]
    },
    "citation": "327C.095",
    "subdivision": "subdivision 12"
  },
  {
    "analysis": {
      "added": [
        "N/A"
      ],
      "removed": [
        "N/A"
      ],
      "summary": "References the deposit of payments into the Minnesota manufactured home relocation trust fund managed by the Minnesota Housing Finance Agency.",
      "modified": [
        "Clarifies relationship with section 327C.095 concerning fund deposits."
      ]
    },
    "citation": "462A.35",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "N/A"
      ],
      "removed": [
        "N/A"
      ],
      "summary": "References eviction actions related to nonpayment of lot rental amounts as a condition affecting the payment and compensation requirements.",
      "modified": [
        "Condition under which park owners are not required to pay into the relocation fund is affected by eviction actions."
      ]
    },
    "citation": "327C.09",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "N/A"
      ],
      "removed": [
        "N/A"
      ],
      "summary": "Defines what constitutes a resident of a manufactured home park for the purposes of this statute.",
      "modified": [
        "Clarifies residency definition relating to compensation and payment conditions."
      ]
    },
    "citation": "327C.015",
    "subdivision": "subdivision 14"
  },
  {
    "analysis": {
      "added": [
        "N/A"
      ],
      "removed": [
        "N/A"
      ],
      "summary": "Discusses fee collection process together with monthly lot rent.",
      "modified": [
        "Incorporates provisions for recouping assessment costs from residents."
      ]
    },
    "citation": "327C.03",
    "subdivision": "subdivision 6"
  },
  {
    "analysis": {
      "added": [
        "N/A"
      ],
      "removed": [
        "N/A"
      ],
      "summary": "Describes notice requirements for unsolicited sales in manufactured home parks.",
      "modified": [
        "Information requirement included in agency letter."
      ]
    },
    "citation": "327C.097",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "N/A"
      ],
      "removed": [
        "N/A"
      ],
      "summary": "Mentions tax credits available for sales of manufactured home parks to cooperatives.",
      "modified": [
        "Included as additional information for park residents and owners."
      ]
    },
    "citation": "290.0694",
    "subdivision": ""
  }
]