HF1879 (Legislative Session 94 (2025-2026))
Homeownership education, counseling, and training program funding provided; and money appropriated.
Related bill: SF1533
AI Generated Summary
Purpose
This bill is about housing funding and programs. It aims to provide money for the homeownership education counseling and training program and to ensure this support is managed in a way that helps people learn about owning a home, including those who may face language or technology barriers.
Key provisions
- Transfers of funds:
- In fiscal year 2026 and fiscal year 2027, 2,000,000 is transferred from the general fund to the housing development fund.
- This transfer continues at 2,000,000 annually starting in fiscal year 2028 and in each year thereafter.
- Appropriations to support the program:
- In fiscal year 2026 and fiscal year 2027, 2,000,000 is appropriated from the housing development fund to the commissioner of the Housing Finance Agency for the homeownership education counseling and training program, pursuant to Minnesota Statutes section 462A.209.
- Administration and targeted services:
- Of the total amount appropriated for the program, ten percent in fiscal year 2026 and ten percent in fiscal year 2027 are allocated to the Minnesota Homeownership Center.
- The Minnesota Homeownership Center will administer and monitor the program and support culturally appropriate counseling and education services for people with limited English proficiency or limited access to technology.
Agencies and program impact
- Agencies involved: Housing Finance Agency; Minnesota Homeownership Center.
- Program affected: homeownership education counseling and training program (as authorized under Minnesota Statutes section 462A.209).
- Focus on accessibility: funds are set aside to ensure services are culturally appropriate and accessible to people with limited English proficiency or limited technology access.
Significant changes to existing law
- Introduces new or increased funding specifically for the homeownership education counseling and training program through transfers from the general fund to the housing development fund, and then appropriations to the Housing Finance Agency.
- establishes a 10% allocation of the program funding for the Minnesota Homeownership Center to administer, monitor, and expand culturally appropriate counseling for underserved populations.
Summary of intended effect
- Strengthen and continue funding for homeownership education and counseling.
- Improve access to services for non-English speakers and individuals with limited technology access by dedicating administrative support and culturally appropriate resources.
Relevant Terms homeownership education counseling and training program Housing Finance Agency Minnesota Homeownership Center housing development fund general fund Minnesota Statutes section 462A.209 appropriation transfer limited English proficiency culturally appropriate counseling limited access to technology fiscal year 2026 fiscal year 2027 fiscal year 2028 10 percent
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 05, 2025 | House | Action | Introduction and first reading, referred to | Housing Finance and Policy | |
| March 10, 2025 | House | Action | Author added |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references Minnesota Statutes section 462A.209 to authorize the use of funds from the housing development fund for the homeownership education counseling and training program; the text does not modify that statute.",
"modified": []
},
"citation": "462A.209",
"subdivision": ""
}
]Progress through the legislative process
In Committee