Omnibus Housing bill

Summary

The bill lets Minnesota issue up to $400 million of housing infrastructure bonds and adds new reporting and funding rules. Each year the housing agency must certify the debt‑service cost of each bond series, and the commissioner of management and budget must move a capped amount from the general fund to a dedicated housing bond account. The transfers continue each July for the life of the bonds, helping keep affordable‑housing projects funded.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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