MN SF4291

Extends rehabilitation loan programs under Minnesota Statutes section 462A.05 to include replacement of manufactured homes for low and moderate-income owner-occupants.

Allows rehabilitation loans for manufactured homes when used primarily for health or safety improvements, accessibility enhancements, or energy efficiency upgrades.

Sets maximum loan amount at $27,000 or the lesser of actual rehabilitation costs and amounts the borrower cannot pay without unreasonable income burden.

Permits loans with or without interest or periodic payments, with terms and security determined by the agency based on individual circumstances.

Allows federal-funded loans to exceed the $27,000 maximum only to the extent necessary to comply with federal lead abatement requirements.