Statewide affordable housing aids appropriation

This bill appropriates specific annual funding from the general fund to support statewide affordable housing programs. It allocates $6.8 million yearly to counties, $2 million to tier I cities, and $1.2 million to eligible Tribal Nations, with additional funding for fiscal years 2024-2025 ($8.5M, $2.5M, $1.5M) and 2026-2027 ($17M, $5M, $3M). The funds are designated for housing assistance payments to eligible recipients through the commissioner of revenue. Additionally, it requires a transfer to the Minnesota Housing Finance Agency to increase a specific housing account to $2.25 million. The funding applies to housing aid payments for 2025 and 2026.