Minnesota Moving Company Licensing Law
Minnesota Code · 1 sections
The following is the full text of Minnesota’s moving company licensing law statutes as published in the Minnesota Code. For the official version, see the Minnesota Legislature.
Minn. Stat. § 462A.44
462A.44 LOCAL PUBLIC HOUSING PROGRAM.
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Subdivision 1. Establishment.
A local public housing program is established for the agency to award funding to allow eligible recipients to develop or acquire housing to be owned by the recipient.
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Subd. 2. Creation of accounts.
Two local public housing program accounts are created. One account is created in the housing development fund and one account is created in the bond proceeds fund. Money in the accounts is appropriated to the commissioner to award funding under this section. Money in the local public housing program account in the housing development fund consists of money appropriated to the account and transferred from other sources and all earnings from money in the account, including repayments on loans awarded under this section.
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Subd. 3. Eligible recipient.
(a) A city, as defined in section 462C.02, subdivision 6 , or a county is eligible to apply for and receive a grant from either account established in subdivision 2.
(b) A federally recognized American Indian Tribe or a Tribally designated housing entity is eligible to apply for and receive a loan from the local public housing program account in the housing development fund.
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Subd. 4. Use of funds; program requirements.
(a) An eligible recipient must use money awarded under this section for qualifying capital costs, including predesign, design, property acquisition, construction, furnishing, and equipping of property, for use as housing, and must maintain ownership of housing funded under this section for at least 50 years after receipt of the funding.
(b) In a multifamily property funded under this section, at least 30 percent of the units must be occupied by households whose income, at the time of application or initial lease agreement, does not exceed 50 percent of the area median income as published by the United States Department of Housing and Urban Development, as adjusted for household size, and at least 30 percent of the units must be occupied by households whose income, at the time of application or initial lease agreement, does not exceed 100 percent of the area median income as published by the United States Department of Housing and Urban Development, as adjusted for household size. At the time of application or initial lease agreement, no household moving into a multifamily property funded under this section may have an income greater than 400 percent of the area median income as published by the United States Department of Housing and Urban Development, as adjusted for household size.
(c) In single-family property funded under this section, the homes must be occupied by households with incomes not exceeding 80 percent of the area median income as published by the United States Department of Housing and Urban Development, as adjusted for household size.
(d) An eligible recipient may act as a community land trust with respect to single-family property funded through the local public housing program account in the housing development fund, provided that the recipient meets the requirements applying to a city acting as a community land trust under sections
The law belongs to the people. Georgia v. Public.Resource.Org, 590 U.S. (2020)