Purpose of the Bill

The purpose of this bill is to provide financial support to the public housing agency in St. Paul, Minnesota. This financial assistance is aimed at maintaining and improving affordable housing options within the city.

Main Provisions

• Appropriation of Funds: The bill allocates $20,000,000 from the state's general fund to the Minnesota Housing Finance Agency.
• Grant Allocation: The funds are designated as a grant to the public housing agency of St. Paul.
• Use of Funds: The grant is intended for the rehabilitation, preservation, equipping, and repair of deeply affordable housing units, specifically focusing on single-family homes and duplexes under the management of the St. Paul public housing agency and its affiliates, including Capital City Affordable Housing.

Significant Changes

This bill constitutes a one-time financial appropriation and does not enact ongoing changes to existing laws or policies. It is designed to address immediate and specific needs related to affordable housing infrastructure in St. Paul.

Relevant Terms

• Appropriation
• Housing grant
• Public housing
• Affordable housing
• Rehabilitation
• Preservation