Purpose

This bill would authorize a one-time appropriation to fund a grant from the General Fund to the Minnesota Housing Finance Agency (MHFA) for St. Paul’s public housing effort. Specifically, it aims to support the St. Paul Public Housing Agency and its affiliated nonprofit, Capital City Affordable Housing, by improving its deeply affordable housing stock.

Main Provisions

• Appropriation amount: 20,000,000 dollars.
• Fiscal year: 2026.
• Source: General Fund.
• Recipient: Minnesota Housing Finance Agency (MHFA) for a grant to the St. Paul Public Housing Agency and its affiliated entities, including Capital City Affordable Housing (a wholly controlled nonprofit).
• Purpose of funds: to rehabilitate, preserve, equip, and repair the St. Paul Public Housing Agency’s deeply affordable single-family homes and duplex units.
• Nature of funding: a one-time appropriation (not ongoing).

How it changes current law

• Establishes a new one-time appropriation from the General Fund to MHFA specifically for the St. Paul Public Housing Agency and its affiliated nonprofit to address the renovation and maintenance of deeply affordable housing.
• Directly ties MHFA to funding for St. Paul’s public housing needs, expanding the use of MHFA resources to include rehabilitation and upkeep of targeted affordable housing stock.

Potential impacts (plain-language interpretation)

• Increases state support for improving affordable housing in St. Paul.
• Provides capital to rehabilitate and maintain homes that serve lower-income residents, potentially stabilizing neighborhoods and improving living conditions.
• Creates a temporary funding spike in 2026 aimed at a specific city agency and its nonprofit partner.

Relevant terms

general fund Minnesota Housing Finance Agency (MHFA) St. Paul Public Housing Agency Capital City Affordable Housing deeply affordable single-family homes duplex units rehabilitate preserve equip repair one-time appropriation fiscal year 2026 affiliated entities wholly controlled nonprofit corporation