MN SF2410

Authorizes the Minnesota Housing Finance Agency to issue an additional $110,000,000 in housing infrastructure bonds for supportive housing, affordable rental housing, community land trusts, and federally assisted rental housing.

Adds senior housing (for persons 55+ with income at or below 50% of area median income) as an allowable use of housing infrastructure bonds, with priority given to projects demonstrating affordability commitments, leveraged funding, and aging-in-place services.

Defines "senior housing" as housing with at least 80% of units occupied by at least one senior per unit, which may be mixed-income developments and include efficiency, one, and two-bedroom units.

Appropriates $20,000,000 in bond proceeds for rehabilitation costs to preserve public housing owned and operated by public housing authorities and agencies, limited to authorities with a public housing assessment composite score of 80 or above.

Authorizes the sale and issuance of state bonds up to $20,000,000 to fund the public housing preservation appropriation.