Loading chat...
MN HF4585
Bill
Status
3/24/2022
Primary Sponsor
Emma Greenman
Click for details
AI Summary
-
Appropriates $3,500,000 from state bond proceeds to the Commissioner of Employment and Economic Development for a grant to the city of Richfield for development and construction of Veterans Village.
-
Veterans Village is a 183-unit, veterans' priority multifamily housing project providing affordable housing on the site of American Legion Post 435 in Richfield.
-
Authorizes the Commissioner of Management and Budget to sell and issue state general obligation bonds up to $3,500,000 to fund the appropriation.
-
Bond proceeds, excluding accrued interest and premiums, shall be appropriated to the city of Richfield for the stated housing project purposes.
-
Takes effect the day following final enactment.
Legislative Description
Richfield; veteran affordable housing construction funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Capital Investment
3/24/2022