Eligibility for assistance to manufactured home owners experiencing economic displacement created, and maximum threshold for assistance through the manufactured home relocation trust fund eliminated.

This bill expands financial assistance for manufactured home owners in Minnesota who are forced to move due to significant increases in lot rent or utility costs. It defines "economic displacement" as a rent increase of over ten percent in one year, twenty percent over three years, or thirty percent relative to the owner's annual income. The legislation removes the previous cap on funding from the Manufactured Home Relocation Trust Fund, allowing more resources to be available for relocation expenses. Additionally, it clarifies how park owners can collect fees to contribute to this trust fund and outlines specific situations where owners are exempt from paying relocation costs.