Section 462A.37 — Housing Infrastructure Bonds; Authorization; Standing Appropriation.
462A.37 HOUSING INFRASTRUCTURE BONDS; AUTHORIZATION; STANDING APPROPRIATION. Subdivision 1. Definitions. (a) For purposes of this section, the following terms have the meanings given. (b) “Abandoned property” has the meaning given in section 117.025, subdivision 5. (c) “Community land trust” means an entity that meets the requirements of section 462A.31, subdivisions 1 and 2. (d) “Debt […]
Section 462A.375 — Additional Purposes, Housing Infrastructure Bonds.
462A.375 ADDITIONAL PURPOSES, HOUSING INFRASTRUCTURE BONDS. In addition to any other purpose authorized in this chapter for use of housing infrastructure bond proceeds, the agency may use the proceeds to fund loans, on terms and conditions the agency deems appropriate, to finance the costs of the construction, acquisition, and rehabilitation of supportive housing for girls […]
Section 462A.38 — Workforce And Affordable Homeownership Development Program.
462A.38 WORKFORCE AND AFFORDABLE HOMEOWNERSHIP DEVELOPMENT PROGRAM. Subdivision 1. Establishment. A workforce and affordable homeownership development program is established to award homeownership development grants to cities, tribal governments, nonprofit organizations, cooperatives created under chapter 308A or 308B, and community land trusts created for the purposes outlined in section 462A.31, subdivision 1, for development of workforce […]
Section 462A.39 — Workforce Housing Development Program.
462A.39 WORKFORCE HOUSING DEVELOPMENT PROGRAM. Subdivision 1. Establishment. The commissioner of Minnesota housing finance shall establish a workforce housing development program to award grants or deferred loans to eligible project areas to be used for qualified expenditures. Grants or deferred loans authorized under this section may be made without limitations relating to the maximum incomes […]
Section 462A.40 — Minnesota Housing Tax Credit Contribution Account.
462A.40 MINNESOTA HOUSING TAX CREDIT CONTRIBUTION ACCOUNT. Subdivision 1. Account created. The Minnesota housing tax credit contribution account is created in the housing development fund in the state treasury. The account is administered by the Minnesota Housing Finance Agency. Amounts contributed to the account are appropriated to the agency. The agency may use the amounts […]
Section 462A.29 — Interagency Coordination On Homelessness.
462A.29 INTERAGENCY COORDINATION ON HOMELESSNESS. The agency shall coordinate services and activities of all state agencies relating to homelessness. The agency shall coordinate an investigation and review of the current system of service delivery to the homeless. The agency may request assistance from other agencies of state government as needed for the execution of the […]
Section 462A.30 — Definitions.
462A.30 DEFINITIONS. Subdivision 1. Applicability. The definitions in this section apply to sections 462A.02, subdivision 11, 462A.30, and 462A.31. Subd. 2. [Repealed, 1Sp2001 c 4 art 4 s 39] Subd. 3. First option to purchase. “First option to purchase” means a right of a community land trust or the agency to purchase all or any […]
Section 462A.31 — Community Land Trusts.
462A.31 COMMUNITY LAND TRUSTS. Subdivision 1. Purposes. A community land trust must have as one of its purposes the holding of land and the leasing of land for the purpose of preserving the affordability of housing on that land for persons and families of low and moderate income. Subd. 2. Powers. A community land trust […]
Section 462A.33 — Economic Development And Housing Challenge Program.
462A.33 ECONOMIC DEVELOPMENT AND HOUSING CHALLENGE PROGRAM. Subdivision 1. Created. (a) The economic development and housing challenge program is created to be administered by the agency. Notwithstanding section 462A.24, this section shall be construed based on the specific language within this section and within an appropriation pursuant to this section. (b) The program shall provide […]
Section 462A.34 — Visitability Requirement.
462A.34 VISITABILITY REQUIREMENT. All new construction of single-family homes, duplexes, triplexes, and multilevel townhouses that are financed in whole or in part by the agency must incorporate basic visitability access into their design and construction. For the purpose of this section, “visitability” means designing a dwelling so that people with mobility impairments may enter and […]