Housing and redevelopment authorities authorized to establish local housing trust funds.

HF 1548 authorizes housing and redevelopment authorities in Minnesota to establish local housing trust funds using dedicated public revenue. These funds, defined in the bill, would support housing initiatives like affordable housing development and tenant assistance. The legislation amends Minnesota Statutes section 462C.16 to clarify that local governments (including cities, counties, and authorities) can create such funds with dedicated revenue streams. This change expands options for communities to locally fund housing programs without requiring new state-level funding.