1.1 A bill for an act
1.2 relating to housing; appropriating money for the homeownership education,
1.3 counseling, and training program.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. TRANSFER AND APPROPRIATION; HOMEOWNERSHIP
1.6EDUCATION, COUNSELING, AND TRAINING PROGRAM.
1.7 (a) $2,000,000 in fiscal year 2026 and $2,000,000 in fiscal year 2027 are transferred
1.8from the general fund to the housing development fund. This transfer is $2,000,000 in fiscal
1.9year 2028 and each year thereafter.
1.10 (b) $2,000,000 in fiscal year 2026 and $2,000,000 in fiscal year 2027 are appropriated
1.11from the housing development fund to the commissioner of the Housing Finance Agency
1.12for the homeownership education, counseling, and training program under Minnesota
1.13Statutes, section 462A.209. Of the amount appropriated for the homeownership education,
1.14counseling, and training program, ten percent in fiscal year 2026 and ten percent in fiscal
1.15year 2027 are for the Minnesota Homeownership Center to administer and monitor the
1.16program and to support the provision of culturally appropriate counseling and education
1.17services to those with limited English proficiency or limited access to technology.
1Section 1.
25-03000 as introduced02/10/25 REVISOR MS/BM
SENATE
STATE OF MINNESOTA
S.F. No. 1533NINETY-FOURTH SESSION
(SENATE AUTHORS: MOHAMED)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/17/2025
Referred to Housing and Homelessness Prevention