SF 2434 Minnesota Senate · 2025-2026 Regular Session

Certain Housing development fund expenditure provisions modifications and certain Minnesota Housing Finance Agency allowed expenditures repealer provision

This bill repeals four specific spending authorizations for the Minnesota Housing Finance Agency (MHFA) related to the housing development fund. It removes provisions that allowed MHFA to use funds for: (1) capacity building grants to nonprofits for affordable housing planning, (2) "other agency purposes" not otherwise specified, (3) rental housing programs, and (4) full-cycle home ownership services. The changes modify how MHFA can allocate funds from the housing development fund, eliminating these specific expenditure categories. This is a procedural adjustment affecting MHFA's budget authority, not a new housing program.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 13, 2025 Last action Mar 4, 2026
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Total actions
3
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0
Committee
1
Mar 13, 2025
Committee
Referred to Housing and Homelessness Prevention
upper
Mar 13, 2025
Introduced
Introduction and first reading
upper
1 primary · 4 co-sponsors

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