SF3328

Purpose of the Bill

The purpose of this bill is to allocate funds to support housing initiatives conducted by YWCA St. Paul. The bill aims to provide stable housing and promote economic mobility for participants through various supportive services.

Main Provisions

• Funding Allocation: The bill proposes a one-time appropriation of $750,000 for fiscal year 2026 from the Minnesota general fund.
• Recipient: The funds are directed to the Minnesota Housing Finance Agency to be granted to YWCA St. Paul.
• Housing Programs: The funding is intended for supporting permanent supportive housing and transitional housing programs.
• Use of Funds: Money from this grant must be used to:
  • Maintain stable housing opportunities.
  • Provide direct financial assistance, including costs for moving, transportation, rental support, and housing transitions.
  • Support economic mobility initiatives like job training, higher education, and financial independence.
  • Enhance case management and support services, which include mental health services, financial literacy, and workforce development.

Significant Changes

There are no changes proposed to existing law as this is a one-time funding appropriation to support the specified housing programs.

Relevant Terms

• YWCA St. Paul
• Housing finance
• Permanent supportive housing
• Transitional housing
• Economic mobility
• Mental health services
• Financial literacy
• Workforce development