MN SF2552

Allows Minnesota Housing Finance Agency to redistribute unused or underutilized rental assistance funds among program administrators to improve efficiency, with priority given to households with children under 18 and incomes up to 30% of area median income

Expands grant funding eligibility for school construction programs to include nonprofit organizations contracted by school districts, cooperative units, or charter schools

Excludes volunteer board members of nonprofit organizations from "officer or principal" disqualification rules for workforce housing development grants and loans

Clarifies that program income generated from housing aid funds distributed to tier I cities and counties must be used on qualifying housing projects

Modifies high-rise sprinkler system program by expanding eligible buildings to include those with at least two-thirds of units affordable to households at 60% (up from 50%) of area median income, and allows loans in addition to grants with maximum of $2,000,000 per building