Housing development fund money transferred, and money appropriated for the manufactured home down payment assistance program and the manufactured home park cooperative purchase program.

HF 2461 transfers $10 million from Minnesota's general fund to the housing development fund for one-time use in FY2026. It appropriates $5 million to fund a manufactured home down payment assistance program administered by NeighborWorks Home Partners, helping buyers cover down payments for manufactured homes. Another $5 million funds a program to convert manufactured home parks to cooperative ownership, managed by Northcountry Cooperative Foundation through loans, grants, or subsidies. All converted parks must remain as manufactured home parks for 30 years under a land covenant. The bill directly affects manufactured home buyers and park owners seeking affordable housing options.