Verification of eligibility requirement for first-generation homebuyers down payment assistance

This bill requires Minnesota's housing agency to verify the eligibility of applicants for first-generation homebuyer down payment assistance. It mandates that applicants provide documentary evidence of eligibility and sign an affidavit confirming compliance with program rules, with penalties for false statements. The agency must verify each applicant's eligibility before issuing funds and must partner with community organizations using agency-developed forms. Additionally, the bill requires an annual independent financial audit and public report on the program's disbursements. These changes directly affect homebuyers seeking down payment assistance under Minnesota's first-generation homebuyer program.