WeVote
Log In

Bill

Bill

HF 1709

Greater Minnesota Housing Infrastructure program funding provided, bonds issued, and money appropriated.

2025-2026 Regular Session Introduced by Luke Frederick and 1 co-sponsor

Funds a Greater Minnesota Housing Infrastructure program with bonds and appropriations to finance housing-related infrastructure projects.

Author added Pursell
#bonds #housingandhousingfinanceagency
0
WeVote Research Nonpartisan
Bill Summary · HF 1709

Summary: HF 1709 — Greater Minnesota Housing Infrastructure program funding provided, bonds issued, and money appropriated

Overview

HF 1709 is a Minnesota House bill introduced on February 27, 2025, titled “Greater Minnesota Housing Infrastructure program funding provided, bonds issued, and money appropriated.” The bill envisions establishing and funding a program to support housing infrastructure in Greater Minnesota through bonding and appropriations. The author for the bill was added on March 5, 2025 (Pursell). A companion bill exists in the Senate: SF 2237.

Purpose and Intent

  • Create or fund a dedicated program (the Greater Minnesota Housing Infrastructure program) intended to accelerate the development of housing by supporting essential infrastructure costs in Greater Minnesota.
  • Provide the state with bonding authority and direct appropriations to finance these infrastructure needs, enabling more housing projects to move forward.

Key Provisions (as indicated by title; full text would specify details)

  • Establishment of the Greater Minnesota Housing Infrastructure program to finance housing-related infrastructure projects.
  • Authorization to issue bonds to fund eligible infrastructure activities aligned with housing development.
  • appropriation of state funds to support the program (operating or capital appropriations as defined in the bill).
  • Administration and oversight by an appropriate state agency (likely the Minnesota Housing Finance Agency or an equivalent body, given the bill’s subject matter).
  • Eligibility criteria and project selection processes for infrastructure funding (types of housing projects, geographic targeting to Greater Minnesota, and project readiness).
  • Compliance, reporting, and auditing requirements to ensure accountability and effective use of appropriations and bond proceeds.
  • Potential terms related to bond issuance, repayment, and debt management (subject to bill specifics).

Affected Parties

  • Local governments and tribal entities in Greater Minnesota seeking to develop housing-related infrastructure.
  • Affordable and workforce housing developers and nonprofit builders.
  • The Minnesota Housing Finance Agency (or the designated administering agency) responsible for program administration.
  • State residents in Greater Minnesota, who could benefit from increased housing stock and improved infrastructure.
  • Taxpayers and the state's debt portfolio, given the contemplated bond issuance.

Procedural and Timeline Aspects

  • Introduced: February 27, 2025.
  • First Reading/Referral: Referred to Housing Finance and Policy (House).
  • Notable action: Author added Pursell on March 5, 2025.
  • Legislative status: Companion bill exists in the Senate as SF 2237; no further committee actions listed in the provided information.

Additional Notes

  • Specific details such as the total bond authority, dollar amounts of appropriations, eligible project definitions, sunset provisions, and repayment terms are not provided here. The final text of HF 1709 will specify these numbers and conditions.
  • For readers tracking progress or impact, monitor committee hearing records and fiscal notes, as well as the companion SF 2237 in the Senate.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.