Housing infrastructure bonds issue authorization to finance a grant to the Minneapolis Public Housing for the Glendale Townhomes redevelopment project

Summary

The bill permits the state to issue new housing infrastructure bonds totaling up to $7 million, with the proceeds awarded as a grant to the Minneapolis Public Housing Authority or its affiliates for the Glendale Townhomes project. It also adds annual certification and debt‑service transfer rules for all housing bond series, including the newly created series. The measure is currently referred to the Senate Housing and Homelessness Prevention Committee.

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