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Housing appropriations part of larger economic development, commerce, housing, labor, and energy omnibus bill.
(Published May 17, 2013)
The Omnibus Jobs and Economic Development bill (HF 729) includes over $101.4 million in funding for various housing programs for the FY 2014-2015 biennium.
The bill includes $28.4 million toward the Economic Development and Housing Challenge Program, a flexible housing funding source for cities. The Challenge Program includes a $10 million one-time funding provision that would be targeted toward communities and regions with the following:
and one or more of the following:
These qualifications are also defined on page 16 of the conference committee report. This one-time funding targeted toward workforce housing was included in the Governor’s original budget proposal and would be administered by Minnesota Housing (the state agency responsible for housing). Various cities were mentioned in hearings on the House floor as potential targets for the $10 million one-time funding, including: Jackson, Worthington, Thief River Falls, and Roseau.
Priority of the funds allocated toward the Challenge Fund is to be given to programs and projects that are land trust programs and that work in conjunction with a land trust program.
The conference committee report passed the House 73-59 on May 15 and then passed the Senate 40-27 on May 16, becoming the first conference committee report to be passed by both bodies. The omnibus bill is now awaiting the signature of Governor Dayton before it becomes law.
Questions? Contact Heather Cederholm at firstname.lastname@example.org or at (651) 281-1256.
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