Cooperative manufactured housing infrastructure grant program bond issue and appropriation
Minnesota authorizes bond-funded grants to improve cooperative manufactured housing infrastructure, supporting affordable homeownership communities.
Minnesota authorizes bond-funded grants to improve cooperative manufactured housing infrastructure, supporting affordable homeownership communities.
SF 1727 establishes a bond-funded grant program to support cooperative manufactured housing infrastructure in Minnesota. The bill authorizes state bond issuance and appropriates funds to develop or improve infrastructure serving manufactured housing cooperatives, which are resident-owned communities where individuals own their homes but lease the land collectively.
Manufactured housing cooperatives provide affordable homeownership options for low-to-moderate income Minnesotans, but many face aging infrastructure and limited access to capital for improvements. This program would help preserve these communities and expand affordable housing options in a state facing significant housing affordability challenges.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.