MN SF1977

Authorizes the Minnesota Housing Finance Agency to issue up to $80,000,000 in additional housing infrastructure bonds (in addition to the existing $30,000,000 authorization) for supportive housing, affordable rental housing, community land trusts, and federally assisted rental housing.

Amends preference criteria for permanent supportive housing to include veterans among individuals and families who have experienced homelessness or are at significant risk of homelessness.

Expands eligible uses for community land trust financing to include property in foreclosure priority areas identified by the agency.

Appropriates $20,000,000 from bond proceeds to the Minnesota Housing Finance Agency for public housing rehabilitation and preservation, with preference for projects that maximize federal or local resources.

Authorizes the sale and issuance of $20,000,000 in state bonds to fund the public housing appropriation, with annual debt service payments of up to $6,400,000 from the general fund through 2037.