Minnesota legislation · 94th Legislature 2025-2026
Minnesota HF2901: Allowable uses of funds in the Minnesota housing tax credit contribution account expanded to include funding supportive services in supportive housing.
Status: In committee, April 9, 2026
What the bill says
A bill for an act relating to housing; expanding allowable uses of funds in the Minnesota housing tax credit contribution account to include funding supportive services in supportive housing; amending Minnesota Statutes 2024, section 462A.40, subdivision 2.
From the introduced text, March 27, 2025:
A bill for an act relating to housing; expanding allowable uses of funds in the Minnesota housing tax credit contribution account to include funding supportive services in supportive housing; amending Minnesota Statutes 2024, section 462A.40, subdivision 2. Section 1. Minnesota Statutes 2024, section 462A.40, subdivision 2, is amended to read: Subd. 2. Use of funds; grant and loan program. (a) The agency may award grants and loans to be used for multifamily and single family developments for persons and families of low and moderate income. Allowable use of the funds include: gap financing, as defined in section 462A.33, subdivision 1; new construction; acquisition; rehabilitation; demolition or removal of existing structures; construction financing; permanent financing; interest rate reduction; new text begin [ ] new text end and refinancing. (b) The agency may give preference for grants and loans to comparable proposals that include regulatory changes or waivers that result in identifiable cost avoidance or cost reductions, including but not limited to increased density, flexibility in site development standards, or zoning code requirements.
Sponsors
- Kari Rehrauer (D) · primary sponsor
- Huldah Momanyi-Hiltsley (D)
- Matt Norris (D)
- Mike Freiberg (D)
- Jay Xiong (D)
- Cheryl Youakim (D)
- Wayne Johnson (R, 41A)
- Steve Elkins (D)
Latest actions
- : Author added Elkins
- : Author added Johnson, W.
- : Authors added Xiong and Youakim
- : Authors added Norris and Freiberg
- : Introduction and first reading, referred to Housing Finance and Policy
Common questions
- What is HF2901?
- HF2901 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Allowable uses of funds in the Minnesota housing tax credit contribution account expanded to include funding supportive services in supportive housing.
- What does HF2901 do?
- In its own words: A bill for an act relating to housing; expanding allowable uses of funds in the Minnesota housing tax credit contribution account to include funding supportive services in supportive housing; amending Minnesota Statutes 2024, section 462A.40, subdivision 2.
- What is the status of HF2901?
- In committee as of April 9, 2026. Latest action: Author added Elkins (April 9, 2026).
- Who sponsored HF2901?
- Kari Rehrauer (D), with 7 co-sponsors.
- Where is the official record for HF2901?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF2901&y=2025&ssn=0&b=house
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.