1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to housing; modifying the high-rise sprinkler system grant program; |
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3 | 3 | | 1.3 appropriating money to Minnesota Housing Finance Agency; transferring money; |
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4 | 4 | | 1.4 amending Laws 2023, chapter 37, article 2, section 10. |
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5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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6 | 6 | | 1.6 Section 1. Laws 2023, chapter 37, article 2, section 10, is amended to read: |
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7 | 7 | | 1.7 Sec. 10. HIGH-RISE SPRINKLER SYSTEM GRANT PROGRAM. |
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8 | 8 | | 1.8 Subdivision 1.Definitions.(a) The definitions in this subdivision apply to this section. |
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9 | 9 | | 1.9 (b) "Eligible building" means an existing residential building in which: |
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10 | 10 | | 1.10 (1) at least one story used for human occupancy is 75 feet or more above the lowest |
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11 | 11 | | 1.11level of fire department vehicle access or the building is seven or more stories in height; |
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12 | 12 | | 1.12and |
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13 | 13 | | 1.13 (2) at least two-thirds of its units are affordable to households with an annual income at |
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14 | 14 | | 1.14or below 50 60 percent of the area median income as determined by the United States |
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15 | 15 | | 1.15Department of Housing and Urban Development, adjusted for family size, that is paying |
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16 | 16 | | 1.16no more than 30 percent of annual income on rent. |
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17 | 17 | | 1.17 (c) "Sprinkler system" means the same as the term "fire protection system" as defined |
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18 | 18 | | 1.18in Minnesota Statutes, section 299M.01. |
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19 | 19 | | 1.19 Subd. 2.Grant program Use of funds.The commissioner of the Housing Finance |
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20 | 20 | | 1.20Agency must make grants and loans to owners of eligible buildings for installation of |
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21 | 21 | | 1.21sprinkler systems and, if necessary, for relocation of residents during the installation of |
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22 | 22 | | 1Section 1. |
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23 | 23 | | REVISOR MS/VJ 25-0374402/14/25 |
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24 | 24 | | State of Minnesota |
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25 | 25 | | This Document can be made available |
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26 | 26 | | in alternative formats upon request |
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27 | 27 | | HOUSE OF REPRESENTATIVES |
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28 | 28 | | H. F. No. 1334 |
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29 | 29 | | NINETY-FOURTH SESSION 2.1sprinkler systems. Priority shall be given to nonprofit applicants. The maximum grant per |
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30 | 30 | | 2.2eligible building shall be $2,000,000. Each grant to a nonprofit organization shall require |
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31 | 31 | | 2.3a 25 percent match. Each grant to a for-profit organization shall require a 50 percent match. |
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32 | 32 | | 2.4 Sec. 2. TRANSFER AND APPROPRIATION; HIGH-RISE SPRINKLER SYSTEM |
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33 | 33 | | 2.5PROGRAM. |
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34 | 34 | | 2.6 (a) $10,000,000 in fiscal year 2026 is transferred from the general fund to the housing |
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35 | 35 | | 2.7development fund. This is a onetime transfer. |
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36 | 36 | | 2.8 (b) $10,000,000 in fiscal year 2026 is appropriated from the housing development fund |
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37 | 37 | | 2.9to the commissioner of the Housing Finance Agency for the high-rise sprinkler system |
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38 | 38 | | 2.10program in Laws 2023, chapter 37, article 2, section 10. This is a onetime appropriation. |
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39 | 39 | | 2Sec. 2. |
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40 | 40 | | REVISOR MS/VJ 25-0374402/14/25 |
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