Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF2423 Latest Draft

Bill / Engrossed Version Filed 03/20/2025

                            1.1	A bill for an act​
1.2 relating to housing; establishing the African American workforce and affordable​
1.3 homeownership development program; appropriating money; proposing coding​
1.4 for new law in Minnesota Statutes, chapter 462A.​
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. [462A.381] AFRICAN AMERICAN WORKFORCE AND AFFORDABLE​
1.7HOMEOWNERSHIP DEVELOPMENT PROGRAM.​
1.8 Subdivision 1.Establishment.The African American workforce and affordable​
1.9homeownership development program is established to award homeownership and workforce​
1.10development grants to cities, Tribal governments, nonprofit organizations, cooperatives​
1.11created under chapter 308A, 308B, or 308C, and community land trusts created for the​
1.12purposes outlined in section 462A.31, subdivision 1, for development of affordable​
1.13homeownership projects targeted to African Americans using African Americans in the​
1.14workforce. The purpose of the program is to increase the supply of affordable,​
1.15owner-occupied multifamily or single-family housing throughout the state for African​
1.16Americans using African Americans as the production workforce.​
1.17 Subd. 2.Use of funds.(a) Grant funds awarded under this program shall be used for:​
1.18 (1) land acquisition;​
1.19 (2) environmental cleanup;​
1.20 (3) design costs;​
1.21 (4) rehabilitation costs;​
1​Section 1.​
S2423-1 1st Engrossment​SF2423 REVISOR SGS​
SENATE​
STATE OF MINNESOTA​
S.F. No. 2423​NINETY-FOURTH SESSION​
(SENATE AUTHORS: CHAMPION and Boldon)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​748​03/13/2025​
Referred to Housing and Homelessness Prevention​
Comm report: To pass as amended and re-refer to Jobs and Economic Development​03/20/2025​
Author added Boldon​ 2.1 (5) construction training and various job placement activities on projects funded under​
2.2this section; or​
2.3 (6) affordable single-family residential housing development.​
2.4 (b) Grant funds awarded under this program must be used for the following costs​
2.5associated with targeted African American affordable homeownership and workforce​
2.6development and utilization:​
2.7 (1) creating or expanding African American-run business development programs;​
2.8 (2) creating or expanding African American-run job training programs;​
2.9 (3) creating or expanding African American-run job placement programs; or​
2.10 (4) creating or expanding African American-run housing organizations' capacity to​
2.11participate in the objectives of this section.​
2.12 (c) A project funded through the grant program shall serve African American households​
2.13with incomes at or below 80 percent of the state median income.​
2.14 Subd. 3.Application.The commissioner shall develop forms and procedures for soliciting​
2.15and reviewing applications for grants under this section. The commissioner shall consult​
2.16with interested stakeholders and African Americans selected by the Council for Minnesotans​
2.17of African Heritage when developing guidelines and procedures for the program. In making​
2.18grants, the commissioner shall establish semiannual application deadlines when grants may​
2.19be authorized from available appropriations.​
2.20 Sec. 2. APPROPRIATION; AFRICAN AMERICAN WORKFORCE AND​
2.21AFFORDABLE HOMEOWNERSHIP DEVELOPMENT PROGRAM.​
2.22 $....... in fiscal year 2026 is appropriated from the general fund to the commissioner of​
2.23housing finance for the African American workforce and affordable homeownership​
2.24development program as specified in section 1.​
2​Sec. 2.​
S2423-1 1st Engrossment​SF2423 REVISOR SGS​