AI Generated Summary
The legislative bill S.F. No. 915 introduced in the Minnesota Senate proposes to allocate $100 million from state bonds to the Minnesota Housing Finance Agency. This funding will be channeled into the Housing Development Fund to cover the costs of rehabilitating public housing units that serve low-income residents. The proposal also specifies that this budget can support enhancements focusing on health, safety, and energy efficiency. Additionally, the bill outlines the process for issuing the state bonds needed to secure these funds. The aim is to maintain the quality of housing and improve living conditions for low-income persons and households reliant on federally supported and publicly owned housing.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 02, 2025 | Senate | Floor | Action | Introduction and first reading | |
| February 02, 2025 | Senate | Floor | Action | Referred to | Housing and Homelessness Prevention |
| February 09, 2025 | Senate | Floor | Action | Comm report: To pass and re-referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Includes new appropriations for housing development funds."
],
"removed": [
"Excludes certain restrictions that were previously applied in subdivision 7."
],
"summary": "This bill relates to housing finance and the appropriation for public housing through section 462A.202.",
"modified": [
"Alters the priority for project funding, especially regarding health, safety, and energy improvements."
]
},
"citation": "462A.202"
},
{
"analysis": {
"added": [
"Additional bonds issuance authority for funding appropriations."
],
"removed": [],
"summary": "This bill authorizes the sale and issuance of state bonds as per sections 16A.631 to 16A.675.",
"modified": [
"Details on terms for the issuing of these bonds as prescribed by statute."
]
},
"citation": "16A.631 to 16A.675"
}
]