Workforce housing development program appropriation increased.
Introduction and first reading, referred to Housing Finance and Policy
Summary
The bill raises the total appropriation for the state’s housing development fund from $82.8 million to $97.8 million, and lifts the workforce housing development allocation from $2 million to $17 million. The added money is directed to the greater Minnesota workforce housing development program and may be used for projects that include income‑ and rent‑restricted units or owner‑occupied homes if the applicant requests and the agency approves. The change is intended to expand affordable housing options for Minnesota workers.
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