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MN SF4215

Bill

Official Source

Status

Introduced

3/23/2022

Primary Sponsor

Patricia Torres Ray

Click for details

Origin

Senate

92nd Legislature 2021-2022

AI Summary

  • Appropriates $3,500,000 from bond proceeds to the commissioner of employment and economic development for a grant to the city of Richfield for Veterans Village development and construction
  • Veterans Village is a 183-unit multifamily housing project providing affordable housing on the site of American Legion Post 435 in Richfield with veterans' priority access
  • Authorizes the commissioner of management and budget to sell and issue general obligation bonds up to $3,500,000 to fund the appropriation
  • Bond proceeds, except accrued interest and premiums, shall be appropriated to the city of Richfield for the project purposes
  • Effective the day following final enactment

Legislative Description

Richfield veterans affordable housing construction and development bond issue and appropriation

Last Action

Referred to Capital Investment

3/23/2022

Committee Referrals

Capital Investment3/23/2022

Full Bill Text

No bill text available