Minnesota Housing Finance Agency audit requirement provision and appropriation

This bill requires an independent audit of the Minnesota Housing Finance Agency (MHFA) to assess its compliance with equal opportunity laws, policies, and programs. It appropriates funds for the state auditor to hire an auditor and establish a citizen oversight committee, in collaboration with the Council for Minnesotans of African Heritage, to identify housing access disparities affecting African Americans in Minnesota. The committee will inventory relevant equal opportunity laws, oversee the audit, and submit findings and recommendations to state leaders before the 2026 legislative session begins. The audit and committee process directly affect MHFA’s operations and state oversight of housing programs.