Housing bond issue and appropriation

This bill appropriates $100 million in state bond proceeds to rehabilitate public housing for low-income residents. The funds, managed by the Minnesota Housing Finance Agency, will finance repairs to preserve federally financed public housing under state law. Priority is given to projects improving health, safety, and energy efficiency while maximizing federal or local funding. The bill authorizes the state to sell up to $100 million in bonds to cover these rehabilitation costs.